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 a...
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...
So You Want to Retire Early? Follow These Steps to Help Get You There
A quick look at social media these days and you would be forgiven for thinking that all it takes to say goodbye to 40 hour work weeks is to start an online business, rake in the big bucks, invest a little, and set sail in the Pacific before you’re 35. But, it’s not...
5 Tips to Reorganize your finances after Summer Vacation
September brings with it the first hint of fall, with leaves changing colour, a familiar chill in the air, and the reminder that you have spent a long, hot summer spending all your disposable income. No need to despair! September is ALSO the time for you to regroup,...
Budgeting Your Way Through the Back to School Season
Believe it or not, Back to School is just around the corner, and while you might be quietly jumping for joy on the inside, getting ready for a new school year can also be a stressful time of year. Between new teachers, new schedules, and new gym shoes - there’s a lot...
Post Pandemic Spending: How to Support Local without going broke
It seems almost surreal that, after over a year and a half of restricted movement and shutdowns, uncertainty, and unease, we now have the start of the COVID-19 vaccine research and development process and rollout. We are beginning to see a tiny light at the end of the...
How to Staycation Without Blowing the Budget
During the past 15 months people around the world have learned the meaning of minimal movement. The pandemic has changed our outlook, and as humans do, we have learned to adapt to our situation. What does this have to do with taking a vacation? Precisely that the...
Financial Tips for Buying Your First Home
Congratulations! Being ready to purchase your first home is a major milestone in your life – and with that milestone, comes a lot of questions, moving pieces, and stress. One of the biggest struggles most first-time home buyers have is with organizing their finances or knowing what to expect financially; you’ve saved up the down payment – now what?