This website aims to provide you with the information needed to shift your financial paradigm to become more conscious of your personal finances and intentional with your spending.

  • Automobile Purchasing Terms

    Leasing Leasing an automobile is akin to a long-term rental. Generally, the car will be leased for a period – say two or four years – during which time monthly payments are made. At the end of the lease term, you will receive the option to either return the vehicle…

  • Weddings

    We’ve all heard that weddings are expensive. According to CBC News (2023), the average wedding is as much as $50,000 in Canada. Not only are weddings expensive, but their planning can also be time-consuming and stressful for the couple and their friends and family. All wedding expenses including the reception,…

  • Delayed Gratification

    When we want something, we want it now. Unfortunately, our lack of patience is often to the detriment of our financial situation. By buying things when we want them rather than when we can afford them, we can be causing harm to our financial situation. We want to travel when…

  • Healthy Cynicism

    When purchasing products or services, it is important to always maintain an air of healthy cynicism. Few salespeople, especially those motivated by commission or sales bonuses, are looking out for your best interest; they are not your friend, they’re goal is to sell you their product or service. Be aware…

  • Time Value of Money

    Money today is worth more than the same amount in the future. This is because of two things: inflation increases the cost of items over time, and money invested will grow over time. If we consider the effect of just inflation first, let’s assume that yearly inflation is 2%, which…

  • How Many Hours do I Need to Work to Pay for This?

    Something I often consider is the amount of hours I need to work to pay for something – that helps me to put the purchase into perspective. I recommend that everyone know their net hourly income. Simply divide your net income on your paycheck by the number of hours worked…

  • Conscious Spending

    The topics introduced on this website aim to increase your spending consciousness. What I mean is that you should think about the true cost of your spending decisions. Did you realize that each km you drive is costing you over $0.50 even though you don’t have ‘that nice’ of a…

  • Spend Less Than You Earn

    Although it may seem obvious, many people don’t follow this simple principle that you should not spend more than you earn. If you are using debt to compensate for your overspending, you are living unsustainably, and need to act immediately! The first part of spending less than you earn is…

  • Mileage (km) Rates

    Rather than providing an automobile allowance or a company vehicle, your employer may offer mileage rates where they pay you per mile or kilometer traveled. The CRA (Canada) and IRS (USA) have established mileage rates companies will use for their employees. In Canada, the rate could be CAD $0.55/km and…