This post is in collaboration with the Financial Services Commission of Ontario. “A little is better than nothing at all.” This is what we hear over and over when it comes to saving for retirement as a millennial. No matter how little there is left over after you pay your rent, student loans, and car loan, it’s important to squirrel …
It’s October, and the weather has officially turned cool here in Halifax, although we’re still getting warm days which makes trips to the Annapolis valley for pumpkin picking possible. September was a busy and expensive month for our household. My husband’s second round of tuition was due at the beginning of the month, which immediately blew a $4,800 hole in …
It’s been almost five months since my husband took the plunge and returned to school full-time. Since then, our comfy, two-income life has been slashed down to just one, and it’s been a big adjustment. We, like most North American families, rely on two incomes to meet our financial goals and pay our monthly bills. Now that his income is …
Happy September! This net worth update feels special, probably because I’ve reached some pretty significant milestones this month! First, my husband finished his first term at school, and by this time next year, he will officially be back at work – less than a year of one income life left, people! Second, as I mentioned on Twitter, August was a …
I’ve gone through two significant debt repayment stints in my lifetime. Round one started in 2011. My husband and I were young and newly graduated, and together we earned less than $50,000 per year. At that point, I owed about $38,000 in debt between my student loan and car loan. My minimum monthly payments ate up 25% of our combined …
It’s August, and we’re now entering month four of single income life as my husband works on completing his first semester of education upgrades. Fortunately, time is flying, which means before we know it, he’ll be back in the workforce and we’ll be back to making two incomes – with a little pay bump. Living as a single income household …
Happy July! Boy it really feels like July. Most of June was cool, but the long weekend brought with it an oppressive heat that has got me scheming ways to get rid of my oil furnace in favour of a heat pump with air conditioning. Unfortunately it’s not really in the cards right now since my household is living on …
Just like paying off debt is part of everyone’s financial life, so is saving large sums of money. Whether it’s for a house down payment, to purchase a car, or an emergency fund in case the worst happens, at some point your bank account will be home to a large sum of money. I have had to save large sums …
June is easily one of my favourite months because the weather is finally turning warm, and this month contains my wedding anniversary. Well, the weather is supposed to be turning warm, anyway. Last night there was a frost advisory that left me rushing around and covering up the seedlings in my garden. Most of them survived, for now. May was …
If you’re reading this blog, I’m going to assume you’re a bit of a personal finance nerd. No shame! But as a personal finance nerd you’ve been conditioned through hundreds of blog posts published by dozens of blogs to save, save, save your money. Save for that down payment, save for retirement, save for a rainy day! Those blogs aren’t …
