Mortgage rates were 9 to 12% when I started working at the bank in the early 90’s! They went up slightly before coming down and they’ve been so low for so long, I cringe at the thought of what higher rates will do to mortgage payments. Depending how much of a mortgage you have, an increase […]

I am often bewildered when I receive our credit card bill each month. Why is it so high? Why are we not on or under budget (ha ha!)? In reality, I know I’ve done a good job with our financial plan and budget and the only category that we have trouble with is ‘entertainment and […]

This may well be the case but before you think about setting a new one, ask yourself a couple questions. When was the last time you did your budget? When was the last time you looked at it? Do you compare your actual income and expenses to the ones in your budget? Have you experienced […]

We look forward to summer…a lot. Blue skies, sunshine and vacation. Here are some ideas to have a fun summer without blowing the budget: Activities: Purchase a multi-day or multi-use pass Parks and community centers Discount programs (on-line, coupon books) DYI rather than a tour Accommodation: Book far in advance Purchase in advance Pre-pay Discounts […]

The weather in Vancouver last week was stellar to say the least but this week I hear there’s snow on the Coquihalla! We took the snow tires off weeks ago. I am working under the premise that summer weather is on the way and here to stay. On that note, it’s time to take a […]

Do you expect a tax refund? What will you do with it? It may not be a lot of money but a little can go a long way, especially if you have a plan! How about splitting it between a couple of things? A little for you, some to savings and some to pay down […]

How many accounts do you have? How many differenct banks do you bank at? What about credit cards, loans and investments? Spreading around your business is one thing but it can be tricky to manage. Fewer arrangements and relationships to manage will help to keep your money management simple. Here are some suggestions: 2 Major […]

Now let’s talk about timing. It’s all about cash flow – when the money comes in and when it goes out. Half of the equation is probably out of your control as your employer will pay you at the same time as everyone else! The majority of employers pay biweekly (every 2 weeks) or semi-monthly (2 times per […]

If you took Making Your Money Management Simple – 1 to heart, you are now organized! This post is about paying bills on time and in no time. Our household bills all seem to naturally fall due towards the end of the month. This is okay as I sit down once per month and set […]

Our lives are busy enough, who wants more administrivia? Keeping track of bills and money can be kept to a minimum with a few simple strategies. The next few posts will include suggestions and tips to manage bills, banking, investments and debts.