General

Do Not Be Afraid To Ask For a Raise

Many Canadian women who work outside the home are paid less than their male colleagues even if they do the same job.  One of the main reasons for this is that most women never ask for a raise.  They work really hard and hope that someone will acknowledge their accomplishments, but many times this just does not happen.  Men, on the other hand, are generally less reluctant to ask for an increase in pay.

Knowing that your raise will be based on your overall performance, the most important thing is to prepare before arranging a meeting with your boss.  Think of concrete examples during your time as an employee with the company where you displayed outstanding behaviors and had above average results.   Do not be boastful, but rather let the numbers/outcomes speak for themselves.

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Money Saving Tips

A Way To Get Rid Of Your Mortgage Payments

There are all kinds of people out there in the world.  I recently came across a website about people who got sick and tired of paying off big mortgages, so instead, they decided to live in a tiny house and pay for their home in cash.

These folks may have a number of reasons for living in a tiny home called a Tumbleweed Tiny House.  Some are concerned about the environmental impacts of having larger homes; others just don’t need a lot of space, while others are mostly just glad to be rid of their mortgages.

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Money Saving Tips

Stop Wasting Your Money On Lottery Tickets

Too many Canadians are wasting at least $2 every week by buying lottery tickets. Although it is true that a lucky few do win big, most folks might get a free ticket once in a while, or win a minimal amount of money to keep them hooked.

If everyone who was in the habit of buying lottery tickets regularly decided to save their $2 every week instead, this would mean that they could save $104 per year.  Now over one year that doesn’t’ sound like much, but over 10 years that is a savings of $1040, not to mention interest or growth earned from the amount saved.

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Book Reviews

Smart Couples Finish Rich Book Review

Smart Couples Finish Rich: 9 Steps To Creating A Rich Future For You And Your Partner by David Bach

Smart Couples Finish Rich is a really useful book that you and your spouse can use if you want to improve your financial situation as a team.  The main point is that you don’t have to have a lot of money or education to be successful.  All it takes is two people who are willing to work together at tackling their financial sitution.

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Money Saving Tips

How Far Are You From Reaching Your Savings Goals?

Are you saving for something specific right now?  Do you have any upcoming vacation plans or are you saving to buy a newer vehicle within the next couple of years?  Whatever your savings goals might be, there is a really great tool called the Basic Savings Calculator that can help you determine how attainable your goals are.

Simply enter your information into the fields and you will get a basic idea as to how long it will take you to achieve your specific goal and how much you need to save.  Every once in a while, use this calculator to do a quick “check up” to see how you are doing.

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