Car insurance is a necessary expense, yet many people lack the coverage they need in an effort to get the cheapest rate. While the monthly premiums may be lower, the amount of coverage this allows in the event of an accident is limited. However, the quality of a policy does not have to be compromised…
Our new family motto: “Work.Save.Play”
As a newly wed couple, me and the wife had to sit down (literally) and discuss a new family budget together. Each had a budget already, but now that we are married, it was time to coordinate and combine it into one. But being from two different schools of thought on budgeting and how to…
How to Find the Best Deals For Computers
People often wonder how to find the best deals for computers like Dell. It’s tricky, especially when there are so many different brands, uses, speeds etc. Decide what you need in a computer When you’re looking for a computer, the best thing you can do is to do a quick search on the Internet. Look for…
Why it makes sense for me to buy a new car
It is time to replace my aging 2006 Chevy Equinox, as it quickly approaches 300K in mileage! I have done my research and narrowed it down to just two models (both are crossovers). And between these two, there is very little difference except for gas mileage. One of them has superior gas mileage, and with…
There is a new war in Canada: “The War on Gouging”
Canadians have often been known for being polite, soft, apologetic, charitable and generally friendly. But could these nice attributes be the very reason why Canadians are also such sloppy and not very wise consumers? Unlike their neighbors to the south, they let retailers and companies gouge and walk all over them, and not say or…
Impulse Buying is Killing Canadians’ Budgets: how and what to do about it?
I have talked and warned about ‘impulse buying’ in the past and recent bank polls re-affirmed and legitimized my warnings and fear: impulse buying is indeed killing the budgets of Canadians. According to a BMO poll, Canadians spend an average of $3720 on impulse purchases, which include clothing, shoes, electronics and even food (possibly leading…
From Wedding to Honeymoon: The Importance of Budgeting and Saving for Life’s Special Moments
It has been some time since I last wrote anything here and that is due to big changes that happened in my life recently : I am now a married man! My wedding was in mid August and that was followed by an exciting and lovely honeymoon in Europe, which included 4 day stay in…
Job Switch: more money or closer to home?
Many of us have been faced with this work dilemma: you already have a job that is close to home and pays OK. In other words, it is a job that may not make you very wealthy any time soon but it also gives you a stress-free comfortable life, where you can spend more quality…
Are people actually waiting for a real estate crash?
There is no denying that we have officially-some time ago actually-entered an unchartered territory for Canadian real estate prices. Prices for houses and condos are through the roof. They are up some 10% in just the last 12 months which is quiet amazing! Some of these price increases are fueled by competition and price wars. Others…
A Simple and Effortless Method to save money off your gas fill-ups
If you are paying cash, don’t fill it up 100%, instead stop at 98% or 99%! Let me explain why: If it is going to cost you $65 to fill up your car, you should stop at $64.75 or $64.90 etc. Why? Assuming you are paying with cash, this will get you a few cents…