What is a stress test? A stress test determines if you have the ability to deal with a financial crisis if things go pear-shaped. It makes the impact of unlikely, but plausible events measurable and transparent. This lets you predict potential problems your finances may face in the future so you can address them early and sleep at… Read More »
Popular search terms that brought visitors to freedomthirtyfiveblog.com…. Nov 16th – from Halifax, NS… “canadian net worth statistics” The median net worth for an individual Canadian adult is $89,014. But the median net worth for a family in 2005 was $148,350. Nov 15th – from Chicago, Illinois… “i bought apple stock on margin, what should i do” Depends on your investment… Read More »
According to a Bank of Montreal study, impulse shopping cost Canadians $3,720 a year. These can be any kind of purchases like clothes, knickknacks, or food. That amounts to $310 a month being spent on items that are wanted, but not needed. More than half of the people surveyed actually bought something they might not need because it was simply on sale. For… Read More »
Last week I shared a couple of tips to buy food on the cheap. Now I will reveal another way to save. I shop at Costco. Buying groceries in bulk is a great way to save money. A tray of 48 pork sausages only costs $13. Three loaves of bread for only $7. They always have food items… Read More »
Saving Money on Groceries This post is all about grocery savings. How much do you normally spend on groceries each month? According to an OSEC report Canadians spent about 84 billion on groceries in 2010. On average that’s roughly $205 a month per person. 🙂 According to the US department of Agriculture, the average American in 2009 spent around $150 a month from food… Read More »
I’ve noticed that many other financial bloggers like to challenge themselves to limit their number of days they spend money, for example, they may try to go for 5 no-spend days for a week to see if they can restrain their spending to only 2 days. Up until now, I have only planned for, and kept track of how… Read More »