Frugality

3 Ways to Save Money During the Holidays

Start by Building A Budget for Holiday Spending This is one of the most important tips we can give you. During the holidays, it’s easy to get caught up in the spirit of things, and start overspending – from Christmas meals, to decorations, gifts, donations, and more. We get it. It’s not very fun or festive to sit down in front of a spreadsheet and determine how much you can spend on gifts for family, decorations, and other holiday essentials. But doing so is a really good idea. If you build a budget for holiday spending, you’ll be able to…
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Personal Finance

5 Reasons Your Budget Plan Doesn’t Work

If you find yourself frustrated that your budget isn’t working – or you can’t seem to stick to the plan no matter how hard you try, you aren’t alone. Here are five problems that affect your budget success: Over-analyzing You always have a budget plan in mind, but you never start because everything has to be ‘perfect’ for it to work. Even when most of your financial systems are stable, there are one or two things you feel aren’t quite there yet. So you keep postponing until a later day. What you can do about it: Understand that nothing is…
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Housing

Mortgages and Alternate Energy Systems – the Ins and Outs and Pitfalls

Are you considering reducing your carbon footprint and living off the grid? Living off the grid has a lot of benefits – you’ll save money on energy costs over the long-term, you have more freedom of choosing where you want to live and you’ll have  a positive impact on the environment. However, living off the grid isn’t for everyone. Unfortunately, a lot of Canadians wouldn’t consider living this lifestyle, even if it meant helping Mother Nature. As such, if you’re looking at purchasing an off grid property, obtaining a mortgage will be a little more challenging, but with the right…
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Career

How Self-Made Millionaires Aim for Success

Who doesn’t love the idea of being a millionaire? You could wake up in the morning, climb out from under your high thread count Egyptian cotton sheets, wash your face in a diamond studded sink, and order your 10 servants to get busy with making the breakfast. Why 10 servants to make breakfast, you’re asking? Because you can afford it. Why else? The problem with being a millionaire, however, is that you first actually have to earn millions. This is no easy task of course, or everyone would be a millionaire. It takes skill, determination, a little bit of luck.…
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Personal Finance

What are options for cash emergencies?

Sometimes no matter how well you plan you can face bad luck in life.   Between cars, homes, apartments, medical bills, and just general expenses life can knock you back. While many financial professionals all state that you should have 6 months of your salary saved for an emergency, many of us know that is just impractical.  It’s hard to save 6 months of your salary in the world today. So, what do you do when a disaster strikes? Here are some things you can do. First, you can get a short term loan.  One option is to get a car…
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Blogging

How To Start Your Own Finance Blog

If you have a deep interest in finance—and you likely do if you’re reading this blog—you may eventually reach a point where you want to share your own knowledge and experience. Starting a blog is easy enough if you have the motivation, but maintaining a blog takes total dedication. Finance blogs are popular for many reasons. They help everyday people manage their money and provide them with sound advice on how to make investments that could ultimately change their lives. One of the first requirements is to be passionate about the topic. If you’re not passionate about finance, over time,…
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