What Is A Budget Retrospective And 3 Reasons You NEED It

    Budgeting is essential to successful money  management. You have to know how much money you have coming in, and what you’re going to do with it. Without doing that, you may forget about expenses, overspend, and accumulate debt. The tracking of income, expenses and spending is what most people think of when they hear the word budget. However, there’s another aspect of budgeting that many people don’t do. It can be called many things, but I like to call it a budget retrospective. A budget has a duration, although the length of a budget cycle may vary by […] Read more »

Fist Pump Friday: I Love You Like A Blogger Roundup – 8/11

I’m in the middle of redoing my daughter’s room, as nothing has been done to it since she was in elementary school (she’s now 15).    She wanted her room to be more in line with her age, so it’s getting a fresh coat of paint, a new closet organizer and a new desk.  To be honest, I it completely underestimated how much it was going to cost.  It’s taken several months to save up some extra cash and get everything picked out, but we’re finally full steam ahead.  The closet organizer is in, and the paint goes up this weekend. […] Read more »

3 Email Scams To Be Aware Of

If you have an email account, you’ve received spam. We’ve grown accustomed to hearing from our good friend the Nigerian Prince that wants to give us millions of dollars if we’d just give them some personal information, or wire a few hundred dollars to get the process started. We know it’s a scam, and we know to just hit the delete button. Unfortunately, scammers are getting more sophisticated in their attempts to separate us from our hard earned cash, or to siphon personal information from us in order to steal our identity. Here are a couple of scam emails I’ve […] Read more »

Fist Pump Friday: I Love You Like A Blogger Roundup – 8/4

The calendar says August, but with temperatures in the 50’s in the great state of Minnesota this morning, the weather vehemently disagrees.  When I was a kid, I frequently had the common argument many have with their parents.  The house is too cold in winter, and too hot in summer.  “When you pay the bills, you’ll understand,” I was told.  I always said when I had my own home, I would be comfortable whatever the cost.  I’ve lived up to my promise.  My AC hardly ever is turned off in the summer.  However with the cool temperatures this weekend I’m […] Read more »

How You Can Recover From Summer’s Over Indulgences

North of the 49th parallel, summer is a little shy; it’s known to Canadians as the season that barely shows itself for two glorious months and so it should be savoured. It’s little wonder then that these months tend to be jam-packed with long weekends, holidays, and special events. In our attempts to get the most out of our summers, we risk over indulging in ways that do more than risk out beach bodies. Our summer plans push our finances to their limits. Going over budget is incredibly easy to do in a city like Toronto. As a city known […] Read more »

Should You Repair Your Car or Replace it? How to Know for Sure

Should You Repair Your Car or Replace it? How to Know for Sure

If you’re a car owner, at some point you’ve probably been faced with the gut wrenching decision of whether to repair your car or replace it.  It’s rarely an easy decision to make.  Repairing vs. replacing your car can have huge financial consequences that last months or even years. In today’s article I’ll show you what you need to consider when deciding to repair your car or replace it .  It’s usually not a clear-cut decision, but when you’re armed with the right knowledge, figuring out a game plan is much easier.   Repair Your Car or Replace it ? […] Read more »

I Lost $500 for 3 Months OR 3 Reasons To Reconcile Your Checking Account Often

One thing that a person absolutely has to do to successfully manage their finances is to simply pay attention. It’s common sense, but it’s surprising how many people just don’t. I know people that never reconcile their checking account, occasionally checking their balance claiming they know approximately how much should be in there. I like to reconcile my checking account almost on a daily basis, but every now and then life gets away from me. I got a very hard reminder of the consequences which could result from not keeping an eye on your finances. A few years ago I […] Read more »

Fist Pump Friday: I Love You Like A Blogger Roundup – 7/28

My wife and I are reliving our teenage years today by going to see the hard-rock group Tesla in concert.   I thought they were just OK, but they’re one of my wife’s favorite bands of all time.  So, when we heard they were going to be playing in a nearby city we bought tickets and made plans to go.  Time to get out the leather pants and snakeskin boots! Fist pump for loud hard rock, AND my favorite posts of the week! Posts That Make Me Fist Pump How to Create an Automated Budget Using Tiller from Young Adult Money […] Read more »

Multiple Streams of Income- What is it and Why Do You Need it?

multiple streams of income

Did you know the average millionaire has 7 different streams of income?  According to most experts, making money through multiple streams of income is a huge factor in how financially successful you become. I’m a big believer in the concept.  In fact, the first time I heard about multiple income streams I was blown away by its obvious ability to build wealth and sustain it over the long term. Because it’s such a powerful concept, I thought I’d share it with you in today’s post! Multiple Streams of Income are the Key to Wealth Earning money from more than one source is […] Read more »

10 top quotes about money and debt – which is your favourite?

Editor’s note: This is a guest post from Sara Williams who blogs about everything to do with debt at Debt Camel, from payday loans to mortgages. I’m a debt adviser in London. But money and debt problems are universal, so my favourite debt quotations range from the Romans to 21st century America! I’ve put them roughly in date order but, as you will see, not a lot has changed over the centuries. #1. Debt is the slavery of the free. Publius Syrius c.50BC I like this one because so much advertising has the subconscious message that being able to buy […] Read more »

The Ship To Store Loophole: Save Money AND Get Your Purchase Immediately!

The rise of online shopping has introduced consumers to a level of convenience never seen before. A person can sit in front of their computer and comparison shop, order the product of their desire at the best possible price, and simply wait for it to show up on their doorstep. But sometimes waiting for the product to arrive, even if it’s only a day, isn’t possible. Sometimes it’s needed immediately. There’s a simple online loophole you can take advantage of that allows consumers to get the best possible price and still get the object the same day. I call it […] Read more »

100,000s Could Still Claim PPI Compensation – But There is a Catch

The recent payment protection insurance mis-selling epidemic of the last decade in Britain is still active, with thousands of disgruntled British consumers (victims of PPI mis-selling) still making claims each month. It is still possible for anyone who has been miss sold PPI to claim compensation, however with a recent announcement made by the FCA (Financial Conduct Authority), there are now new circumstances around which people can make a claim, more specifically – there’s a deadline. What Is The Deadline For Making A PPI Claim? The deadline for submitting a new claim is august 29th 2019. This means that any […] Read more »

Fist Pump Friday: I Love You Like A Blogger Roundup – 7/21

A BBQ contest was held at my place of employment earlier this week.  Twelve chefs made pulled pork (as per the rules) and 175 people sampled the food and voted for their favorites.  Everyone was given 3 tickets, voters could distribute the tickets however they wished.  The chef with the most votes was…..wait for it….ME!  I won the competition by 1 vote! Fist pump for Award Winning BBQ, AND my favorite posts of the week! Posts That Make Me Fist Pump 4 Favorite Ways People Overspend from MoneyNing Hate Budgeting? Why You Should Do it Anyway from Everything Finance The […] Read more »

Reaching Out to United Debt Counselors for Debt Relief

When you realize your debt has gotten completely out of control, it can feel unbearable and overwhelming. Most Americans begin piling on debt, even before they enter the workforce, and don’t realize the effect it has on their ability to make purchases in the long term. If you’re feeling crippled by debt and need relief, you may want to speak with United Debt Counselors. Why United Debt Counselors? Thousands of people across the U.S. have already entrusted UDC with the task of settling their debts. What once might have seemed impossible is becoming more doable by the day for folks working alongside […] Read more »