Tag Archives: Canadian Dream

Nov 18: Best from the blogosphere

By Sheryl Smolkin

blogospheregraphic

November is Financial Literacy Month in Canada. One of the building blocks of financial literacy is the ability to a develop a realistic budget and stick to it. After all, if you don’t have a roadmap or a financial GPS, it is impossible to figure out where you are going and how long it will take you to get there.

One place to start, is Squawkfox’s new series, 5 days to fix your budget. Kerry K. Taylor shows you how to set up a budget, find your net worth, set financial goals, and track your spending. Plus there are free budgeting downloads and software to make your financial life easier.

The Canadian Budget Binder also has a ten-part series published at the beginning of the year you may find useful.

  1. How We Designed: Our Budget Step 1 – Gathering All the information
  2. How We Designed: Our Budget Step 2 – Categories
  3. How We Designed: Our Budget Step 3 – Tracking Reciepts
  4. How We Designed: Our Budget Step 4 – Note-taking
  5. How We Designed: Our Budget Step 5 – 5S Organization
  6. How We Designed: Our Budget Step 6 – Who Does What and When?
  7. How We Designed: Our Budget Step 7 – Balancing Our Budget
  8. How We Designed: Our Budget Step 8 – Knowing our Coupon Savings
  9. How We Designed: Our Budget Step 9 – Reading Our Bills
  10. How We Designed: Our Budget Step 10 – Projected Expenses

Once you have made a budget, to stay on target Robb Engen says on Boomer & Echo, that you have to follow perennial advice from David Chilton (The Wealthy Barber). “Sometimes when people ask you to do something, you’ll have to reply, ‘I can’t afford it.’ It sounds so simple, but few of us have the will power to pass up the chance to go out with friends and family for fear of missing out.

For Robert, a guest blogger on Canadian Dream: Free at 45, matching expenses to income is an important way to stay solvent. That means if you are paid twice a month, try to shift certain big bills like mortgage payments, credit card bills or RRSP savings so all of these amounts don’t hit your bank account at the same time at the beginning of the month.

And finally, teach your children and grandchildren. Blonde on a budget Cait shares personal finance lessons she wished she had been taught in school. They include: how to read a pay stub; how to write a budget; how much to save and why; how to use a credit card; and, how to pay for post-secondary;

Do you follow blogs with terrific ideas for saving money that haven’t been mentioned in our weekly “Best from the blogosphere. Share the information with us on http://wp.me/P1YR2T-JR and your name will be entered in a quarterly draw for a gift card.

Mar 18: Best from the blogosphere

By Sheryl Smolkin

blogospheregraphic

Whether you are a student looking for a summer job, a new graduate seeking a career opportunity or a recently laid off worker looking for a new position, hunting for work can be nerve-wracking.

In Boomer & Echo, Robb Engen talks about cutbacks in the Alberta university sector where he is employed and how he would manage financially if he lost his job.

Mochimac shares her top 5 career regrets. She suggests that you see how little money you can live on so you can expand your career options.

Brighter Life blogger Kevin Press regales us with a humorous story about a seven hour interview for a job he did not get writing for a Manhattan magazine published for global investors. No regrets though, because soon after in Toronto he met his wife “the lovely Lisa.”

The Blunt Bean Counter Mark Goodfield discusses why references are a no win situation for past and future employers. That’s because employers feel compelled to give “plain vanilla” references because they are worried about defamation or negligent misrepresentation lawsuits.

And finally, on Canadian Dream – Free at 45, Dave tries to figure out how to productively spend the extra time he has now that he has finished courses for his CGA designation.

Do you follow blogs with terrific ideas for saving money that haven’t been mentioned in our weekly “Best from the blogosphere?”  Send us an email with the information to socialmedia@saskpension.com and your name will be entered in a quarterly draw for a gift card.