Making everyday easier
Depending on where you live, relying on one source of income could be risky to your finances and FIRE. What would happen if you get laid off? Do you have enough savings to support the needs of your family until you find another job? You need to start putting your eggs in different baskets and …
Savings is a habit, you need to practice and build up the savings muscle frequently. This 7 days savings challenge is easy and applicable to most households. Day 1: Cancel one subscription Make a list of all the subscriptions you currently have by reviewing your credit card for the last 90 days. Review: Netflix, Spotify, …
The Registered Education Savings Plan or RESP, is a great channel for Canadian parents to start saving on their children’s education from a very early age. Think about a savings account but with some additional restrictions and benefits where the child is the beneficiary of the account. I won’t go much into detail about what …
Hidden expenses are everywhere, sometimes they are part of our routine and we don’t realize how much they can hurt our finances. Here is a list of 4 tips to save money, cut some expenses and put that money towards your debt or savings: 1. Stop wasting food When we don’t consume that $4 cauliflower …
Opening a bank account is now easier than ever. Most credit unions or banks offer this service via online banking. How do we keep our finances with a minimalist approach? Online banking is extremely beneficial for the following reason: Paying bills. No need to go to the branch or the actual billing company to make …