Blog

5 Budget Friendly Strategies To Keep You From Incurring Debt

wp-content/uploads/2015/10/hi-household-debt-852.jpg

For so many families across British Columbia , no matter how much income is earned annually, this simply appears to never be enough (Sounds like something people managing the Federal budget would say).  This is a common complaint across the region (Including Vancouver), and possibly even the world.

However, you want to try to avoid incurring debt as much as humanly possible.  Incurred debt can feel like a …

Continue reading...

Top 5 Tips For Meeting A Monthly Budget

wp-content/uploads/2015/10/Dollarphotoclub_47776444.jpg

It's safe to assume that no one likes to hear the word: budget , but without one where would you be tomorrow, or next month, or even next year for that matter? Let's face it, unless you're wealthy--tips for meeting a monthly budget are highly necessary to keep you financially healthy and on track, don't you think? Also, it's important to keep in mind that not everyone was born with …

Continue reading...

8 Easy Steps To Get Started With An Emergency Fund

wp-content/uploads/2015/10/shutterstock_269107586.jpg


In today's shaky economy, an emergency fund is more valuable than ever. You never know when life is going to throw you a surprise crisis. From your water heater dying to your car breaking down, you don't want to have to turn to a payday loan company to take care of basic survival needs.

An emergency fund gives you a financial safety net as well as peace of mind to …

Continue reading...

5 Real Life Reasons Why Canadians Need An Emergency Fund

wp-content/uploads/2015/10/shutterstock_259020935.jpg

There is no doubt you've read and heard about the importance of having an emergency fund .  In today's questionable economy, an emergency fund is more invaluable than ever.  You never know when life is going to give you some blows, but they're sure to happen.  From your water heater going out, on to your car breaking down--you don't want to be left down and out and having to turn …

Continue reading...

Are You Ready To Retire Or UnRetire?

Is retirement edging ever so closer for you?  The facts are rather simple here.  Researched case studies and surveys across Canada are finding that there are more Canadians who are ill prepared for retirement and who are on the fence about retiring versus un-retiring.  There are some Canadians who would prefer to work as long as they can, which is quite acceptable.  More to the point, there is a …

Continue reading...

Debt Consolidation

In this article, we will look at one of the options you have for getting out of debt . If the collections agencies are knocking on your door and your debt repayments are ruining your budget , a debt consolidation loan can be exactly what you need to get your finances back into order.

wp-content/uploads/2015/06/shutterstock_235460797.jpg

Debt consolidation is a very simple idea. The average consumer has debt from a lot of …

Continue reading...

Avoiding Investment Scams

wp-content/uploads/2015/05/shutterstock_176967542.jpg

We’ve already covered credit card fraud on this blog, and in this article we’ll talk some more about fraud and how to prevent it.

According to the 2012 CSA Investor Index, 27% of Canadians believe that they have been targeted for investment fraud at some point. 4.6% of Canadians believe they’ve been the victims of investment fraud. Over half of those affected lost their entire investment. Nearly all the rest …

Continue reading...

Energy Efficiency

wp-content/uploads/2015/05/shutterstock_209486863.jpg

We discussed a few long-term energy saving options in our guide to winter on a budget. However, what things can you do to save energy year-round? Luckily, there are many steps you can take beyond just fitting curtains and new insulation.

In this article, we’ll look at ways to be more energy efficient in the home, saving you potentially hundreds or even thousands of dollars every year. Having …

Continue reading...

The Federal Budget: 2015

On Tuesday April 21st, Finance Minister Joe Oliver tabled the federal budget for 2015. Election year budgets are typically more generous than usual, and despite a projected $1.4 billion budget surplus for the fiscal year, this one nevertheless contains a spread of handouts to Canadian families: a mixture of tax cuts, tax credits, and extra spending. In this article, we’ll take a look at a few of the highlights, changes …

Continue reading...

Buying It For Life

Sometimes, buying the cheap option can cost you more in the long term. Consider the following example. You go out and buy a pair of winter boots for $50. They last their first winter, but during their second one the leather is cracking, the soles are worn down, and you end up replacing them. Meanwhile, your rich friend buys himself a new pair of boots for $200. They last ten …

Continue reading...