Tag Archives: Ebay

Dec 19: Best from the blogosphere

By Sheryl Smolkin

I have just returned from a three week odyssey to Australia and New Zealand, so there is a significant backlog of stories from both old favourites and newer bloggers to share with you.

Sean Cooper is anxiously awaiting the release of his first book Burn Your Mortgage. He made headlines around the world when he paid off his mortgage at 30 on a house he bought just three years before. In a recent blog he says that in spite of inflated home prices particularly in Toronto and Vancouver, the home ownership dream is still alive and well. However it is taking twice as long to save for a house because we are buying bigger houses.

Toronto Star Consumer Columnist Ellen Roseman has had lots to smile about since her media articles, petition and blog were a catalyst for the Ontario Protecting Rewards Points Act effective December 5, 2016 which provides that loyalty rewards points can’t expire. Roseman found out about the changes when she was being interviewed on CBC Marketplace. However, to date similar legislation has not been tabled in Saskatchewan.

If you are planning a winter vacation this year, chances are one or more people will approach you about buying a timeshare week or two in paradise before you fly home. Tom Drake believes the purchase of a timeshare is usually a poor choice, since they can be hard to unload, and they depreciate in value so quickly. However if you can get a timeshare on the cheap on ebay or some other online site, it may be a better deal. But you might be required to pay the current year’s maintenance fee at purchase time, or you could possibly be on the hook for closing costs and transfer fees. Be sure to read the documentation carefully to ensure that you understand the terms and requirements.

In Episode 77 of her podcast series, Jessica Moorhouse interviews Steve Cousins from Arkansas who retired as a millionaire by working a regular 9 to 5 job for the same company for 40 years. She learned that he made sure to get a university degree in a field that has a high demand for skilled workers. Cousins also says you need to understand when it makes sense to stick with the same company or if you should move on. And finally, you need to live frugally, invest wisely and have a plan how to continue earning money during retirement. For example, he has become a serial entrepreneur with four different jobs now that he is retired.

And finally, Steve Weyman on HowToSaveMoney.ca describes how he ALWAYS does extreme price comparison to make she he gets the lowest price. Take a look at his 10-step process.

  • Choose your product
  • Start with a light google search
  • Track the lowest prices
  • Check ALL  flyers using Flipp.com
  • Use price comparison sites to compare prices fast
  • Do a manual search of well-known stores
  • Find the lowest past selling price
  • Price match to save more money
  • Tack on a coupon if you can

I guess I’m not up to Weyman’s standard because I don’t have the time or energy for extreme price comparison. But you’ve got to admire his persistence!


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 on http://wp.me/P1YR2T-JR and your name will be entered in a quarterly draw for a gift card.

Aug 29: Best from the Blogosphere

By Sheryl Smolkin

Late August is one of the most expensive times of the year for families with young children. Kids seem to grow like weeds in the summer and often have to be outfitted from head to toe. And expensive computers, tablets, smart phones and sports equipment are now on many back-to-school lists list along with low tech supplies like pencils, pens, binders and post-it notes.

Here are some ideas I have gleaned from other bloggers to help save you money:

  1. Check with the school: Find out from your child’s school what exactly you are expected to provide. There is no sense buying all sorts of notebooks, binders and pens if the basics are already handed out to students.  And teachers often have strong preferences about how they want students to complete and organize their work.
  2. Make a list: Before heading out on a shopping trip for school supplies, check what items from previous years are unused and which binders and back packs can be re-used because they are still in good condition. Then make a list and stick to it.
  3. Take inventory: Try on coats, boots and other clothing items to see if anything still fits. Where you have several children close in age, determine what can be handed down. Consider a clothing swap of gently used items with friends and neighbours.
  4. Spread it out: While you may feel pressured to buy everything at once before school starts, you won’t need snowsuits and boots until November. Spreading out necessary purchases over the next few months until you see great sales will take the pressure off your budget.
  5. Online deals: Major retailers with bricks and mortar stores often offer deals online. In addition to using coupon sites, like RetailMeNot, there are a number of price comparison sites, including shopbot.ca and ShopToIt.ca, that list how much an item costs at various retailers. When shopping online, choose retailers that offer deals such as free shipping, promo codes and discounts.
  6. Buy generic: Pre-teens and teens in particular may be into “name brands” that can cost hundreds of dollars more than generic equivalents of similar quality. Giving your children a limited clothing budget or telling them they have to earn the money to buy trendy items will help them to better understand the value of a dollar and keep your overall costs down.
  7. Shop alone: This may or may not work depending on the age of your child and what you are shopping for. However, the easiest way to avoid arguments about buying more expensive school supplies and clothes with the latest Disney characters may be to shop without your kids so they won’t distract you from your mission of finding and buying items that are the best value.
  8. Used sports equipment: Children grow out of skates and skis every year. Outfitting a minor hockey player can cost hundreds or even thousands of dollars a year. Some sports stores sell hockey equipment starter kits for better prices than if you buy each item individually. You may find gently used equipment on sites like Kijiji. Craigslist, Ebay or a local classified website. Some arenas have sports exchanges or you can talk to parents of older hockey players.
  9. Last year’s model: Contrary to what your kids may tell you, they don’t need the latest iPhone or iPad. The odds of mobile devices being lost or broken are very high. Earlier models may be offered by carriers for under $100 and you can often share minutes on a family plan. Also, kids typically text as opposed to sending emails so a costly data plan may be unnecessary.
  10. Extra-curricular activities: Extra-curricular activities like dancing, swimming, sports and music lessons are an important part of every child’s education but they can add up. Don’t fall in to the trap of signing your children up for more activities than the family schedule can mange for more money than you can afford. Go over the brochure for the local community centre with each child and pick one or two convenient activities that are offered at a price that fits within your budget.

Also see:

Back-To-School Costs: How To Avoid Blowing Your Budget
How to Save Money on School Supplies
Back-To-School Shopping: Five Money Saving Tips
Back-to-School Shopping on a Budget | MintLife Blog
Back to School Tips – How to Balance Your Budget with Needs and Wants

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 on http://wp.me/P1YR2T-JR and your name will be entered in a quarterly draw for a gift card.