Tag Archives: financial health

Life Saving Tips For Canadian Families Today

big-life-changes

Lots of money saving advice does require an individual or family to change their lifestyle to be successful. We’ve talked before that it takes commitment to succeed financially–period. The cost of raising children has certainly increased significantly, approximately 40% today. Even the most frugal Canadian families can struggle financially, with the best methods in place. It can be a constant struggle for sure. Remember, there are simple, easy things you can do to help relieve family stress and easy monthly finances.

We do talk about this an awful lot, but each month the goal is to give you new, impressionable ways to make ends meet, save money and feel fulfilled without feeling like you’re depriving yourself. No one wants to live to work or simply work to live, it’s not a happy circumstance. A balance is what today’s Canadian family needs. Just making tiny changes can save a budget that might have been floundering for a very long time. From extreme couponing to simply teaching your children those important life lessons, just always keep in mind that every little change is a step in the right direction.

Top 6 Money Saving Ideals for Canadian Families

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Change your spending habits like you change your mindset about exercise. Scientists are finding that it takes approximately 3 weeks for an individual to get accustomed to exercising regularly. If you adjust your spending habits and mindset about money in the same way you’ll possibly stick to your goals. Let’s examine some of the most favorable money saving tips for Canadian families. When times are tough people do complain about not having enough, but it’s all a matter of how you look at your finances. Let’s get right to these tips and hope these improve your odds today!

  • Do you enjoy Cross Border shopping?  If so you’ll save some money with this tactic.  When you live near the border this can benefit you the most and you can really save quite a bit. 
  • Make certain you create a standard budget, and no matter an income increase you stick to that budget. This will really allow you to see your money mount up fast.
  •  If your mortgage has gotten outrageous for you, and you’ve lived in your home long enough to build up equity–consider downsizing. This will put some money in your pocket and some money in your savings.
  • You can also save on travel and commuting if you really play your cards right.  If your car guzzles gas, think about switching to a more economical car, one with flex fuel. You can also consolidate on trips. Invest in a good quality used car to really get your moneys worth.
  • Don’t forget that you can save a tremendous amount when shopping for child daycare! Don’t jump on the first center, or individual. You can work out a deal and even save at tax time as well.

 

 

 

 

 

 

 

The Top 10 Habits Of The Self-Made Wealthy

Change your life

Have you ever wondered how the rich and powerful ascend to the positions they are in?  If you’re like most Canadians out here, you might believe many were simply handed that golden ticket and have never had to work for anything they have, but that isn’t the case for all the rich and prolific people in Canada, not to mention, elsewhere in the world.  Some of these Canadians are indeed, self-made millionaires through hard-work and determination.  They view money different from money others, which is why they’ve been able to reach such a level of success.  Let’s share some of these tips and strategies so that perhaps, you–yourself can reach beyond that precipice so many already have!  Let’s be clear though–this is no easy task!

10 Habits That Will Help You Establish A Brighter Financial Future

Habits of the wealthy

So, again, many self-made millionaires have earned their position and have worked extremely hard to reach these goals.  It isn’t impossible for anyone to transform their life by transforming their mindset concerning money and how to spend it. Investing versus spending is the major reason some succeed while others remain hand to mouth, month to month.  Most self-made millionaires don’t view money as something to spend, but rather, a means to an end.  This kind of mentality is what we all need to get out of strangling debt!  Let the following ideas guide and help you today!

Strategy 1:  Changing Daily Habits

Those with wealth have very different daily habits from those families who might be below the poverty line.  Simply changing these and making smarter decisions about money can almost guarantee a transformation of the inequality that exists across classes in society.

Strategy 2:  Wake up a few hours ahead of the work day

Research is showing that a whopping 44% of well-off Canadians and Americans rise up to 3 hours ahead of their work schedule, while only 3% of those below the poverty line do the same.  Consider changing this habit for improved productivity and getting more done.  You can’t get wealthy sleeping!

Strategy 3:  The wealthy simply eat healthier

Now, some might say above average income families can afford to eat healthier while those who are below poverty can not.  The fact is, those getting assistance have been shown to continuously make unhealthy nutritional choices–STOP!  Improve your cognition by eating healthier and watch your mental alertness grow.  It’s all about how you fuel your body.

Strategy 4:  Work longer hours

Those with more wealth work longer hours, sometimes 60 or more a week, even though they are salaried.  Anyone can put in this same kind of effort, and it pays off for the long-term as well.  You have to be willing to work harder than just average to improve your financial portfolio, it’s just a fact.

Strategy 5:  Think more positively

No matter your situation, more positive thinking can transform your mind and life.  If you believe you can do it, and you can see yourself doing it, you can achieve just about anything.  Don’t forget the hard work in-behind this though!

Strategy 6:  You should write down your goals

Those who are well ahead of the financial game are known to write down their goals and stick with them.  This is certainly a habit that can make a huge difference for the future.

Strategy 7:  You should manage and maintain a to-do list to stay on track

This is again, all about organization–the better organized and detailed you are with tasks, the more willing you’re going to be to get them done, and get them done right.  A to-do list can alleviate stress when you can visually see chores and other errands needing carried out.  If anything, this teaches accountability!

Strategy 8:  Exercise at least 4 times a week

Exercises makes you feel better and improves upon your physical appearance.  When you look and feel good you almost feel like you can accomplish anything and everything.  Those well-off exercise more often than those below poverty, so this needs to change!

Strategy 9:  Watch less television

Spend more time planning goals and achieving these versus sitting for hours in front of a television.  One never knows what might happen when they really focus on aspects that have the potential of bettering life and improving chances of becoming financially sound.

Strategy 10:  Engage in positive self-improvement courses

Whether this be yoga, walking, or some other form of therapeutic therapy, engage in it regularly!  When you can change your mind-set you can change your life.  Don’t you think you deserve to be happy and live a more positive life?

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