Recessions are like stubbed toes: they hurt.

It’s dark. You’ve woken up in the middle of the night to either use the bathroom, grab a midnight snack, or answer to your crying child.

The path to your objective is clear. You know where the doorframe is. You know roughly how many steps it will take to get to your destination. But like the iceberg that sunk the Titanic, you smack your toe on something.

The feeling of pain is immediate. You probably do a few things: cry out in pain. Then curse. Then maybe curse a bit more. Grab your toe. Question if it’s broken. Believe in this very moment that you are a failure and that no matter how adult you feel, you can’t even get this simple task right of walking unimpeded to your destination.

Then with time, that feeling of pain and self-doubt starts to go away. You get feeling back in your toe. Maybe you did break it. Maybe it’s just going to be a horrible bruise. In either case: you’ll live.

Continue reading “Recessions are like stubbed toes: they hurt.”

Where have you been? Did you die? (And what happened in 2019…)

I last sat at this desk, pumping out a blog about my spending, seeking some odd validation of how good I was at saving money. After I published that post, I sat back, exhausted. Was this blog making me happy? Do people even care?

I know some of you do. I’ve received kind messages since I self-instituted a cone of silence. People asking when I would post again, or if I had died. So no, I am not dead, I am still here.

Continue reading “Where have you been? Did you die? (And what happened in 2019…)”

February 2019 Financial Update

Feb 2019

February in Toronto frankly has been appalling. Several winter storms. Freezing cold. Limited daylight.

But I suppose the upside in all of this is that being kept indoors really limits your chance to spend money unnecessarily. This February, I spent a low-spending record of $1846.53 for a savings rate of 75%! Here’s what that looked like:

Continue reading “February 2019 Financial Update”