The best place to start when you commit to your FI journey or just want to save money is to look at recurring expenses. For us, one bill that seemed high was our internet. We were paying over $100/month which at the time, didn’t seem to be bad. When I asked other people what they…
Category: Saving
How much of your life do you spend commuting?
I had never given much thought to this question before. I thought that commuting was just one of those things people had to do. The majority of people that I know commute. It is something we have just accepted as an absolute in life. If you have to commute to work, you pay with two…
How to Get Started with a TFSA
One of the greatest vehicles Canadians have to grow their wealth is a Tax Free Savings Account (TFSA). The TFSA began in 2009 for Canadian residents and every calendar year since, Canadian residents have had an opportunity to invest a growing amount into their TFSA. Year Contribution Limit 2009 $5000 2010 $5000 2011 $5000 2012…
How to Save $40 000 On Your Cell Phone Bill!
When I was growing up, there was only one place you could reach someone… and that was through their home LAN line. I’m not sure what my parents paid for it but I’m positive it was less than the standard cell phone plan. And I’m also sure my parents’ LAN line phone didn’t cost close…
How to get Free Hotel Stays with Marriott Rewards
Years ago I fell in love with Marriott Hotels. Actually, to be more specific, Marriott Points. As a frugal family of 4, going on family vacations is important to me. My kids could care less, but I like making memories for them without spending their RESP. Marriott points are an easy way to get free…
Free university with the RESP!
On the journey to FI there are many financial decisions to make. One of the easiest choices is to invest in your child’s future. I want to give my kids the opportunity to have a positive post-secondary experience and to not go deep into debt. Fortunately, the Canadian Government offers an excellent savings vehicle for…
Mutual Funds Rob Your Retirement
There are big decisions involved when investing for your retirement. At least that’s what the mutual fund industry would like you to believe. According to Wealthsimple, there are over 5000 mutual funds offered by Canadian investment firms. With that many options, it’s no wonder why people are overwhelmed and frozen to action. Canadians pay some…