In tough times the first thing people think about is reducing bills that they currently have. One of the first things they cut back on is insurance. Here is how to cut back on insurance without suffering in the long run. Since everyone’s situation is different, their insurance quotes will be different. Even the slightest difference in information could cause your insurance to go up or down. Be specific when getting an insurance quote, small specifics could save you a large amount of money in the long run.
I recently received an email from a reader with a link to an excellent graphic she created about big money wasters. Although the data is based on how Australians spend (and waste) their money, it is safe to say that Canadians and Americans also waste their money on the same things. Some of the numbers may be really surprising, and by sharing this information, hopefully it will help us all to make more informed decisions and lower our wasteful spending.
Does your old and weak body no longer allow you to earn a living? Is your life long savings not sufficient for life after retirement? Do you find difficulties in finding enough spending money due to expensive medicine? Are your successors avoiding you just to deny their responsibilities towards you?
I recently skimmed Suze Orman’s book entitled The 9 Steps to Financial Freedom
Respecting your money means taking care of it properly. To quote Suze: “Your money is governed by how you treat it: it’s that simple. It thrives when you are being responsible, respectful, and doing honorable things with it.”
In other words, don’t abuse it and it will actually take care of you. Spend money within your means rather than spending more than you earn. Be honest with what you have rather than pretending you are rich.
Do you find yourself living for the weekend? Are you just going through the motions week by week and counting down the days and hours until the weekend? If so, you may need to consider looking at other employment options.
So many Canadians find themselves stuck in a rut where they simply look forward to Friday. Have you ever caught yourself on a Monday morning saying to a colleague: “Is it Friday yet?” If you have, then it might be the right time to do some serious thinking about what you are doing with your life. If you do not feel fulfilled with your current job situation, perhaps you need to do something new.