As you`ve probably realized, a good budget changes on a month by month basis. It changes based on priorities, goals, even on the change in seasons. If its cold outside people tend to entertain at home more often. When barbeque season starts, grocery budgets tend to...

You`ve now got a handle on what you feel you should be spending based on the natural restriction of available income. You have a budget prepared with target amounts that you are comfortable with. You`ve accomplished a giant first step but now have to take your budget...

We have gone through an initial budgeting process together.  A complete budget is meant to give you financial control. It is meant to help you plan not only for your income in-flows but also to regulate, or "flat-line" your expenses making them more manageable....

Everyone spends money differently and everyone has different priorities when it comes to their spending patterns. Let your budget harness and regulate these patterns. This brings us back to accruals. If you enjoy taking a vacation start planning for it now. Forecast...

We have focussed primarily on household budgets and household expenses. I had mentioned to build debt repayment into your budget to effectively maintain your financial household. Can a complete budget help in the context of debt? YES, it does! Build debt repayment...

Further to the last blog, if your debts prove unmanageable even with a comprehensive budget, you may need additional assistance. We can help. A Consumer Proposal may be the right tool to assist you in controlling and managing your burdensome debt. Many people confuse...

I recently had a meeting where the fellow I was helping stated that he had "about $700.00" in his bank account. I was really curious as I was staring at an ATM slip indicating his account was in overdraft for almost $50.00. On further questioning it turned out that he...

It occurred to me that most people are not too familiar with the concept of debt. They know they have some debt, they know they have borrowed from somewhere and that the debt has to be repaid. When it comes to different types of debt, things become a bit cloudy. I'd...

Everyone has heard of "good" debt and "bad" debt. Despite what lenders try to sell you, there is no good debt. Good debt is usually viewed as a mortgage on a house, a car loan or lease - a debt created to obtain something you otherwise couldn't afford. I hope you...

Necessary debt should be dictated by cash-flow. Define wants against needs and make sure the item in question is something you can afford on a monthly basis. If the purchase fits within your budget most lenders qualify this as a "good" debt. This type of debt is also...