What are sinking funds and why do we need them?
You’ve probably heard the phrase ‘sink or swim’ used in various contexts, but what does it mean when it comes to personal finance? The truth is that there are so many ways to save money – but most of these methods are short term. We hear a lot about ‘saving for...
How to create a budget to make 2022 your best financial year yet
If you’re like most North Americans, you’re likely in the middle of holiday spending, which, depending on where you look, averages between $1000 and $1500 for the season. Unless you’ve budgeted and can put this money aside, it can really set you back heading into the...
Crafty Ways to Stick To Your Budget this Holiday Season
If there’s anything the past 18 months have taught us, it’s that it’s always important to keep an eye on your budget because you never know when the next disaster may hit us. When it does, you’ll want that rainy day fund handy – not depleted because of unplanned...