Oversubscribed

And why I don’t even have Netflix.

subscribed

As consumers, we are over-contracted with pay-for-service subscriptions these days. Such as:

  • Fitness clubs
  • Home phone (ha!)
  • Cell phone
  • Home internet
  • Cable television
  • Newspapers
  • Banking plans (technically not a subscription service… but it kind of is, right?)
  • Costco
  • Amazon Prime
  • Netflix
  • Spotify
  • Sirius XM Radio
  • Insurance Plans
  • Software Plans

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Savings accounts & investment accounts – what’s the right balance?

Bad things happen. Best be prepared.

emergencyfund

I have lived most of my life on financial edge. First it was school, then it was contract jobs. There was never a moment of financial stability until about 2 years ago when I transitioned into full-time employment.

In that time between steady job and what felt like drifting, I was a hoarder. I’d save as much as my pay check as I could and stick it in a savings account, watching it grow a measly 0.5% at the time (this is pre-discovery of Tangerine and EQ Bank). My savings allocations were basically 100% emergency fund, 0% investments.

Continue reading “Savings accounts & investment accounts – what’s the right balance?”

Laziness is costing us money.

In addition to killing us.

lazy cat

Things are so darn easy these days – in fact, now more than ever can we humans be ultra productive with our time. Take this bread maker for instance, which my girlfriend and I bought for her mother for Christmas.

Your first reaction might be: “Holy f***! A $400 bread maker?!” Rest assured, there was aggressive couponing involved and a strong sentiment behind the gift. My girlfriend’s mother is now alone since the passing of her husband, loves to make bread, and can now make 10 loaves in the time it would have taken her to make 2 loaves. She gets to pursue her passion with the top of the line device while my girlfriend and I get more bread. Win-win, right?

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October 2017 Financial Update

A simple spending month in the beauty of fall.

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The great thing about friends? They take you places, like free NBA games.

October is one of my favourite months because of something magical called fall and all the lovely Thanksgiving Day food that comes with it (leftovers, anyone?).

Excluding my one week trip to Rhode Island / Cape Cod / Boston (more on that in a future travel post, but a preview here), my expenses totalled $2179.20, giving me a savings rate of 57.4%. This is a drop from last October’s 60% savings rate.

Continue reading “October 2017 Financial Update”