Travelling can be too expensive, and it can sometimes go beyond one’s budget. A common choice people are left with is to take loans in order to obtain the money. However, traveling on loans has an important side effect of incurring debts. Piling up debts can force you to enroll in a debt settlement program.

There is good news, however! You can avoid the ‘traveling with debt’ hassle just by following a few simple tips: Read More…

When people look for savings in their monthly budget, I find that they are hesitant to look at their grocery bills. Food is near-sacred, and thinking of cutting such expenses invokes visions of living on Kraft Dinner (KD), sacrificing health, and quality of life.

As with all of my other ideas on cost cutting, I always focus on living better, just for less. This is not the oxymoron it appears to be: you just need to find ways to buy the same things you normally would but for less. You also need to know how grocery stores work to get the money out of you. I am here to help you maximize your grocery savings.

Listed below are ideas I use to maximize my savings on grocery. Read More…

With all the talk these days of impending high inflation, I find my thoughts turning to ways that I can reduce or avoid the impact of this, if it does indeed happen.  In many cases, it just isn’t possible to avoid the effects of inflation, but where there are ways to do so, I can show you how to go about it.

Let’s look at some common expenses most Canadians have and see what can be done to protect yourself. Read More…

When you break down the idea of investing to its basic purpose, you’ll find that it’s not just taking your extra money and hoping to earn a decent return from it .

Investing, in essence, is simply something that you do to ensure that your future cash needs are met.  Usually that entails “squirreling” money away for future use, but it can also take the form of spending now to save later.

If you can spend some of your savings now that will result in a cut to your living costs by a certain amount, then that cost savings is equivalent to a return on your investment.  Done wisely, you can earn a return that is tax free, low risk, and higher than you could earn for equivalent risk traditional investments. Read More…

The Canadian dollar has seen a sharp spike up in recent months, as we’re seeing it get closer to par again. That means opportunities to save money!

Some of these opportunities will happen automatically, as in lower prices on goods you buy that are imported into the country, lower prices on some foods, etc.  Others you will have to think about and decide if it’s worth it for you to explore.

Here’s some ideas to consider: Read More…

Most people are very hesitant to try and find savings in the food department, as they assume it means a reduction in healthiness, taste, or quality.  None of these need be true if you can emulate how my family manages to eat well for less than $5 per person per day! Read More…