News & Updates from Money Measures
Budgeting Homework for Young People
This blog includes ideas on budgeting homework for young people. For teenagers considering moving out, the assignments may be eye openers about how much money they'll need to earn in order to support the lifestyle they want to live. For young kids, the homework will help them transition to a more...
When Bill Payments are Missed
When bill payments are missed, financial woes can be brewing. Interest charges and late fees may be payable.If the money isn't in the bank to pay a bill, what will you do? Will you take a cash advance on a credit card? Will you use a payday loan to get the money to make the payment? Cash advances...
Interest Rate Hike & the Cost of Groceries and Gas
There has been an interest rate hike by the Bank of Canada and there has been a dramatic spike in the cost of groceries and gas. You are not alone if you are finding it harder and harder to make ends meet. I bought groceries yesterday and paid over 15% more for some of my food than what I paid a...
Budgeting Tips
Here are practical budgeting tips to create a budget you will want to stick to. Have goals that are meaningful to you.Listen to the voice in your head.Be in a positive frame of mind when you create a budget.Build in the "oops factor". You have money. Ultimately, budgeting is about how you plan to...
Create a SMART Budget
With personal finances, my thinking around creating a SMART budget is that you will live well on the money available. To create a SMART budget, goals should be: S = specific M = measurable A = achievableR = relevantT = time bound Setting realistic goals that are meaningful to you will keep you...
