My Number One Money-Saving Tip

Today I’m sharing the number 1, single biggest thing I did to improve my money-management and build my savings. Seriously. This isn’t click-bait either – this is legit the one thing that keeps me on track and that I regularly kick myself for not doing sooner.

What is this miracle trick?

Automating my savings.

That’s it.

I call it a trick because it literally does feel like I’m tricking myself into saving.

It’s an awesome feeling to get to the end of the month and be like, “I saved that much? And I still have that much left over?” Continue reading “My Number One Money-Saving Tip”

The Emergency Fund

Hello long-lost friends! I am back after a couple of weeks of studying, exams, and wedding travel. And since my last two weeks have been somewhat chaotic, it seems like a good time to talk about how to keep your financial sanity during times of surprise expenses.

The issue of emergency funds among personal finance bloggers tends to be a bit divided – with some of the opinion that emergency funds are crucial and others writing that they are not necessary at all. While there are compelling arguments for both sides, I must admit that I am in the first camp – for me, an emergency fund is a must-have.

The good news about emergency funds in Canada is that Canadians have an average of $41,694 in emergency savings. That’s awesome.

The not-so-good news is that a quarter of Canadians don’t have anything set aside for emergencies at all. And of those who do, almost half have less than $5000 saved. Not awesome. (source)

Continue reading “The Emergency Fund”

Don’t Go Broke This Wedding Season

As of today, my husband and I have been invited to two baby showers, one diaper party, three wedding showers, two stag and does, one bachelor party (him), three bachelorette parties (me), and seven weddings (no gender reveal parties, thank God. What is that). If you are anywhere between the ages of say, 25 and 35 – your summer likely looks similar. ‘Tis the season, after all.

Continue reading “Don’t Go Broke This Wedding Season”