What Do You Want to Do With Your Money?

Happy New Year everyone! I hope everybody had a fabulous holiday and that your credit card bills are not the least bit scary this month.

Before I get into today’s post, let’s have a bit of a fireside chat, because it’s been a while and I’ve missed the blog community!

I’ve been on a bit of an unplanned hiatus because I caught the flu then bronchitis and I’ve basically looked and felt like this for the last month:

Since this is a personal finance blog, and not WebMD, I’m mentioning this because being under the weather for such a big chunk of time (relative to my usual 2 days of a cold per year) changed the way my finances looked for the month of December and made me so grateful for my “things I didn’t budget for” line. Continue reading “What Do You Want to Do With Your Money?”

My Top 15 Frugal Wins

You’ve heard of the Latte Factor, right? (If you haven’t, go read Desirae’s post from last week, it’s awesome).

Basically, the Latte Factor is the concept that spending money every day on small things (like lattes) adds up to big amounts of money spent over time. It’s controversial though, because people have different ideas about whether spending those small amounts every day is bad money management or worthwhile spending.

Reading about the latte factor got me thinking though… not about the small amounts of money I spend in a day, but about all the small amounts of money I save. Continue reading “My Top 15 Frugal Wins”

Money Lessons for a Younger Me

My office window overlooks one edge of the university campus in my city, which means that in the month of September, I have a front row seat to all of the students returning to campus and new students arriving.

(It also means it takes me 45 minutes to get out of my building because OMG all these students have cars for some reason and seem to enjoy sitting in traffic outside my office when they should be getting off my lawn).

Every year, when I see the students come back, I think of my own university experience and the things I know now that would have helped me then. Continue reading “Money Lessons for a Younger Me”

How to Avoid the Christmas Spending Binge

It’s Labour Day! But can we talk about Christmas for a minute?

So, hi. I am that person that starts counting down to Christmas by like… July. I know, I know, SO ANNOYING, right? But it’s cool, guys. The Christmas spirit sustains me through your side-eye.

bai

I start decorating November 1st every year.

My (two) tree(s) is up for at least a month.

Bronner’s (the world’s largest Christmas store) is legit one of my favourite places on earth.

My satellite radio is tuned to the “all Christmas all the time” channels from the day they go on air to the day they go off. That’s like 2 straight months of carols.

I’m that person. Continue reading “How to Avoid the Christmas Spending Binge”

5 Ways to Stay Motivated to Meet Your Savings Goals

There are a lot of personal finance resources out there that take the approach of trying to scare you into saving by telling you how bad things will be otherwise. Those resources aren’t wrong; having a good financial strategy is crucial, and if you don’t properly prepare yourself financially, you won’t be able to achieve your big savings goals in the future.

I have a few “hard truth” blog posts bookmarked and I go back to them when I need that kick to get myself back into gear. Sometimes though, you need a push from the other direction – one that makes you picture yourself in the car of your dreams (that you paid for in cash) or on your baller vacation (that you paid for with your investment account dedicated to travel). I love those posts that make you go, f*@% yeah, I’ma save some money today.

chaching

So, on this #MotivationMonday, here are 5 ways to keep yourself motivated and keep yourself happy while you work to meet that savings goal: Continue reading “5 Ways to Stay Motivated to Meet Your Savings Goals”

How I Save Money on Groceries

When I was a kid, I loved grocery shopping. In high school, I would even go grocery shopping with my friends and their parents. It’s strange, I know. I have no idea why I loved it so much.

That changed over the years though when I actually had to start paying for the groceries and cooking the meals myself. Primarily because it costs so much money, but also because I only cook to keep myself alive. Don’t get me wrong, I love food, but I would be happy eating the same low-effort thing every day. My husband, however, is much more of a foodie so grocery shopping becomes more than just “Pasta. Sauce. Done.” as it would be if I was only cooking for one.

So, since we have to buy groceries, I settle for making it as cost-effective as possible.

Continue reading “How I Save Money on Groceries”

Why You Should Be Prepared to Lose (or Leave) Your Job

One of my fundamental beliefs in life is that everyone should be prepared to lose or leave their job at any given time. That sounds like a giant bummer, I know, but hear me out.

A few years ago, I was working in HR for a private sector company in the manufacturing industry that relied on large scale orders, primarily from foreign governments. By 2012, the work on pre-recession orders was coming to an end, and new ones hadn’t come in. It was simple and undramatic, and that was how I got laid off from my first “grown up” job out of university.

Continue reading “Why You Should Be Prepared to Lose (or Leave) Your Job”

No-Spend February

Do you ever find you get spend-fatigue? I might have just made that term up. But it’s real, right? You just get so tired of having to spend money.

And that’s the thing – we need to spend money. You have to pay rent or a mortgage, you might have a car payment, a student loan, a line of credit.. what about that cell bill? And we have to eat, right? We can’t avoid spending, it’s the sad truth of life in the modern world.

Continue reading “No-Spend February”

Teach Yourself to Walk (to the Bank)

You have to learn to walk before you can run. It’s cliché. I know. You’re cringing. But hey – it’s true. The state of financial education for young people in this country is abysmal. And for adults, it’s not any better.

Saving is a skill and there are varying degrees of skill level, but just like any skill, you have to learn it first before you can go pro. You can’t make a million before you make a buck. Likewise, unless you win the lottery, you won’t meet your retirement savings goal overnight while you’re still in university (and probably owing on your student loans).

Continue reading “Teach Yourself to Walk (to the Bank)”

Show Your Bank Account Some Love

Guys. Real talk. I love Valentine’s Day. And don’t be all, “that’s just because you’re married”. It’s not, I promise. I have always loved Valentine’s Day. I love Valentine’s cards, I love the colour combo of pink and red, I love heart decor and I really, really love cinnamon hearts (confession: I have a bag beside me as a type this. I bought like a full pound from the bulk store and I’m the only one in the house that eats them. My mouth has been perpetually on fire since around Feb. 2).

Continue reading “Show Your Bank Account Some Love”