We live in a world where those with various forms of privilege -- gender, racial or monetary -- are dunking on the rest of us all the time. There's no corner of society where those who were lucky enough to be born into a good situation (and let's be real: it's a luck thing) don't reap the benefits. But we try our best to push on and get what we can in our own way. It's life as we know it. Until some guy gets a feature article in reputable magazine in the biggest city in the country just to tell boring-ass stories about how great it is to be rich, and how we should all try it sometime.
What you don't have to do forever is live with debt. You don't have to spend every month calculating how much you can afford to put towards debt repayment, while continuing to use credit, and staying in the never-ending cycle of borrowing money and trying to pay it back. It's not an easy cycle to get out of; I know that firsthand.
CPA Canada released a Summer Spending Followup Survey, which revealed that 42 per cent of those surveyed were essentially on-budget this past summer. What does this have to do with holiday spending? Quite a bit, actually. Those who fared better followed a few basic principles we might all want to remember.
For most households, the holiday season is an enjoyable time of year to spend with friends and family but it can also be one of the most stressful -- with travelling, hosting and gift-buying all being a major drain on the household finances. Follow these tips to have an enjoyable holiday season while keeping your wallet intact.
Do you have a list of savings goals you're currently working towards? A running list of things you actually need to buy? Or were your answers impulsive - full of wants that would satisfy you in this moment rather than needs that could help you for awhile? The question sounds innocent enough. But the question is everything that's wrong with the money mindsets being instilled in us.
The slowdown in total spending on prescriptions in Canada masks dramatic changes in the pharmaceutical sector. Beneath the calm surface lies a rapid decline in spending on widely used medicines to treat relatively common conditions, and even more dramatic increases in spending on medicines used by relatively few people who suffer from serious conditions.
Shopping on Black Friday and on the weekend was a frenzy as retailers advertised huge discounts to part people from their money. So, I want to know, was it worth it? Did you get what you were looking for? Did you find the best bargains and save money on Black Friday? Let's pause. All right, how much did you REALLY spend? If you are like most of us you probably spent more then you planned and are now looking through your receipts to tally up your spending for the BIG REVEAL.
What is princess math? Your favourite department store is having a half price sale. The gift was originally $200 but you are saving $100. Princess math says -- I was going to spend $200 anyway so now I can buy that purse. The reality is, though, most women aren't flush with money. The problem is that deep down, we know our actions have consequences.
Municipal elections are notable for their small turnout. In many communities across B.C., a few votes can make a big difference, which is why people concerned about high taxes and bloated spending need to vote to change the culture of their council -- and then hold their new leaders accountable for their decisions.