Your Ultimate Guide to a Debt Free Life When the weight of your mounting debts feels like a ball a chain, you know it’s time to take proactive steps to get rid of your debt! We all take on various debts throughout our lives. Sometimes it’s for things that help us like education, and unfortunately, […]
Make more room in your budget When you are trying to make more room in your budget usually it is to help you either pay off debt or save up for a big purchase. Saving more is one way to work toward this. The other is making more money. Today we tackle the first part […]
Manage money as a couple. As a couple gets more serious, they need to decide how they will manage their money as a couple. Key triggers for this step are normally moving in together or getting married. There are three general styles on how couples can manage their money as a pair. No matter what […]
How much do you know about what makes up credit scores in Canada? Here at Canadian Budget, we believe in responsible credit use. Credit cards are not inherently bad! We need to learn how to use them responsibly; they can provide many benefits. They can give cash sign-up bonuses and cashback on purchases, or earn […]
Learn how to identify and work toward your Financial Goals.
Looking back at the past year, in review, there have been many challenges of course. COVID continued, work was a never ending challenge to keep up with constant changes in plans, and personally, we lost my father in law unexpectedly. Top 10 wins of 2021 I want to focus on my wins of the past […]
Baby is born… now what? On top of the oodles of love, dozens of appointments, bazillions of pictures, stress and sleepless nights, what are the things you need to do now in terms of paper work, registrations, and RESP’s once baby is born? In Ontario, Service Ontario has a bundle arrangement where you can get […]
So you are expecting a baby, and now need to plan for maternity leave. Deciding how long you will be off work may depend on what coverage (if any) you may have for income while on maternity leave. How long of a maternity leave to take I live in Canada where we are entitled to […]
Unexpected Loss in the family Last year we tragically and unexpectedly lost a close family member, my father in law. As tough as it is for anyone to deal with a loss in the family, there are so many tasks that need to be done, logistically speaking, after someone passes away. Someone needs to make […]
How To Level Up Your Budget We have all heard the saying, you can’t track what you don’t measure, so how do we know how well we are doing on our budgeting goals if we aren’t tracking it well?? Here are 4 tips to level up your budget! It’s not enough to just set a budget […]
Why Debt Avalanche is Underrated Paying down debt is a really important step in everyone’s financial journey, and you may not know it, but Debt Avalanche is underrated for accelerating your debt payoff. When it comes to well known debt repayment strategies, Debt Snowball gets the most press. But have you heard of the Debt […]
Comparing ETF’s vs Individual Stocks Want to start investing, but have no idea where to start or what investments to choose? Choosing between ETF’s vs stocks is one decision you may need to make. If you are turned off by the high cost of the top stocks to purchase just a single share, you are […]
Budgeting For Beginners Today I want to start with the basics of budgeting for beginners. Before we dive in, a big CONGRATS to you for starting to take steps toward improving your financial literacy and skills! Its not easy to try something new and step outside of your comfort zone, but this is where growth […]
4 ways to get a financial head start on the year! We all have resolutions and goals for the new year! Some are around fitness and health, but others can be about being smarter with your money! If managing your finances is one of your goals this year, here are some steps to give you […]
Selling on Facebook Marketplace In organizing the house for our upcoming move, hubby and I realized we had a lot of books we feel comfortable selling or donating. So I decided to get rid of them by selling on Facebook Marketplace and a few days later I made a sale! When I first moved in […]
Work Optional Book Review Have you ever dreamed of a work optional life? I love reading books on personal finance. I have read quite a few and always take out multiple books from the local library any time I go. The Work Optional book stood out for me among the books I have read, so […]
My Goals For the New Year With a new year always comes resolutions and goals. Right now its difficult to put a finger on my financial goals since we have sold our condo and are looking for our next home before we close in March. So we don’t know exactly what our expenses for the […]
Home selling in a pandemic Well, We did it!! We sold our Condo! Selling our home in a pandemic was not easy. But I think it was the right decision for us at the time. Why did we decide to sell? 1. Mortgage was coming up for renewal, seemed like a good time to try.2. […]
Millionaire Teacher Review Just finished this great book that I had seen and heard a lot about, and I’m glad I did. I saw another Millionaire Teacher review and was intrigued to pick up the book. Becoming a millionaire on a teacher’s salary is just what author Andrew Hallam did. Reading just the title I […]
Understanding bank rates and fees for Canadians. How to lower your bank fees. Are online banks legit?
Learning about money What is the earliest memory you have when it comes to learning about money? A lot of us don’t get a lot of exposure to education around money and personal finance until we are already adults and our money habits and associations have already been formed. Most Canadians learned their money habits […]
The right time to move My Husband owned the condo we lived in before I moved in, and we married. Now that there are two of us here, I work from home, and we are planning for the long term. We need more space and want an area that can work for us for years. […]
As a serious coffee drinker, I didn’t think I could undertake this challenge. My husband and I decided to do a 30 day diet plan to try and shed the quarantine 15! Part of it includes cooking/prepping all meals and snacks from real whole foods, and NO CAFFEINE! First 2 days there were caffeine withdrawal […]
What is a Roboadvisor? A Robo advisor is an investing service which relies on algorithms to build a portfolio for you based on your risk tolerance and investment time horizon. There are no individual humans picking the funds for you, so there is lower cost, and its very easy to use for beginner investors. The […]
How we achieved a 50% savings rate A bit of background: We are DINK’s from Canada (Double Income No Kids). We own a condo and purchased our car outright. We have no consumer debt, only our Mortgage. We are not specifically aiming for FI/RE but I am a bit obsessed with Retirement Savings. I admit […]