Personal Finance

Better Finances for a Better You

Topic: "Essential Expenses"

← Curating the web to find the most interesting and helpful information about your money.

Budgeting

Whether you’ve experienced a job loss or an unexpected expense, or you’re simply finding it hard to keep up with rising costs, the bottom line is you need your money to go further. Here are tips to stretch your cash when times are tough.

Emergency Budgeting Tips for Canadians – Stretching Your Dollar in Tough Times By Diane Amato →

Saving

Our consumer culture pressures many of us to live above our means. The good news is that making a personal and household commitment to a more frugal lifestyle can be a fulfilling, healthy choice and can save you a lot of money.

Saving 65 Tips to Save Money Through Self-Reliance By Kale Roberts →

Saving

Trying to build your savings, pay off debt and make the most of your money? You might want to try living like a billionaire — but only if that billionaire is Warren Buffett

11 Frugal Habits of Warren Buffett by Amanda Garcia →

Word of the week

Essential Expenses

These are expenses that are necessary. Another way to identify these expenses is to determine if they are 'needs' rather than 'wants'. Essential expenses might include: - Rent/Mortgage - Groceries - Utilities - Medical Expenses Unlike, restaurants, and entertainment, that are 'wants' or non-essential expenses and do not need to be made.

Follow every dollar - Track and analyze your non-essential expenses →

Did you know?

Asking rents in Canada increased 9.7% annually to an average of $1,984 in February. The annual rate of rent inflation has been moderating since reaching a high of 12.4% in November 2022.

Learn how much rent inflation has grown in your neighbourhood →

← Curating the web to find the most interesting and helpful information about your money.