Category: Saving (page 1 of 6)

FIRE.

Some thoughts today:

Very recently I was unexpectedly offered employment with the Government of Canada. I was in the boonies, middle of nowhere – Costa Rica at the time and had a rickety phone connection that got cut off by a power failure. It took about an hour of frantic waiting to accept the job, and here we are, 3 months into a full-time term job of 6 months.

I love/hate it. I hate being an employee but I love the department I am in and what they stand for. There are many coworkers that I love, and some that I don’t, training has been frustrating as I’m sure is the case in many places; there simply wasn’t enough or much of it.  Many things have been a struggle, and it has also been an amazing opportunity.  I had been looking for “real” work for a very long time, years! I’ve also been selfemployed for many years. Was I not just blogging about the perils of finding actual employment? Did that not last for years, and now I’m 3 months into this cool opportunity? Haha. The grass is always greener on the other side right? I thought that finding work would offer me stability and more income and it has. Having to report to someone else instead of making your own way and schedule… its been a big adjustment.

What this job has also given me is a very nice boost in income that has helped me speed up my savings big time. Where before I’ve only been able to eke out a few hundred here and there to set aside every month, I’m making big steps now. Once upon a time I said I wanted to be a millionaire. I don’t want that anymore, in fact, more and more my focus is drifting to lean FIRE. (linkitylink) I have no visions of sitting on a beach sipping beer, but I want to work on things I enjoy and take on projects because I can because worrying about paying this month bill is no longer a worry. Volunteering and helping out with other people and community projects because I have actual time to do so.

I’m focusing on building my investments, my RSP and TFSA and in the next two months I will restart my Questrade portfolio

I am likely a few years away of any time of “retirement” and that absolutely does not include any real property as I currently rent. Aside from just saving like a squirrel, I have no concrete plans, I also don’t think of it as retirement… more so as a very lean version of financial independence.

If I quit today… What would I do?

 

More quitting things: I said goodbye to Netflix.

Capture

Many of the things I do stem from random little ideas that slowly grow larger and larger until I have an entire plan formed in my head and it’s time for action. I haven’t had cable in years and never really cared for it, I grew up without it. (Internet however is a must) Last week, I realized I’ve been paying for a Netflix subscription for nearly two years that I only use sporadically to binge-watch random shows. It’s fun when it’s needed, but wasn’t really warranting the expense. It felt like a waste of time and a waste of money.

I cancelled the subscription and kept the $7.99 monthly payment going towards my house debt, instead of Netflix. Theoretically I should barely notice the change as I haven’t watched more than a few shows on Netflix in months, and my debt will continue to go down. Win-win? I’ll find out over the next few months. I’ll update mid-July to see if this plan is working out for me.

How do you feel about Netflix?

Yakezie Blog Swap #10 – The Best Go Green Method to Save Money by Shane from Beating Broke

The following is a guest post from Beating Broke, a frugaler at heart, as part of the Yakezie blog swap #10. This swaps’ topic du jour is “The Best Go Green Method to Save Money”. You can see my first-ever guest post as part of the blog swap over at Beating Broke today!

If I’m going to whole-heartedly jump on board with a green movement or alternative method of doing something, it’s gotta be frugal. I’m not going to spend a whole bunch of money above what I usually would just to save a few carbon credits. Composting toilets? Not a chance. I’ve got to pay that sewer bill anyways, so I’ll keep my fancy schmancy flushing toilet.

No, one of the biggest green money savers, for a frugaler like me, is the good ol’ two-wheeler. A bike. There are probably far better ways to go green, but few will save you money like a bike. How, you ask? Let’s start with the simplest, and most obvious, way. If you’re riding your bike everywhere, you’re likely not driving your car everywhere. You’ll instantly save a ton of money on gas. Tack on a few saved oil changes and other maintenance costs to the car, and you’ll probably pay for the bike in a few months!

It doesn’t end there though. You’ll increase your health, saving hundreds, even thousands, in health care costs. You’ll lose weight, and eat less, saving money on food. Then, there’s the green benefits! You won’t be putting as many of those nasty carbon emissions up into the air. Less oil changes, tire changes, and other maintenance mean a lessened impact on the environment.

Try and get any of those benefits from your composting toilet!

Even if you don’t ride your bike everywhere, riding it for enjoyment and as a recreation can still be good for your health and your pocketbook. If you really want to get full impact out of your bike, put a baseball card in the spokes and it’ll sound like a motorcycle! Now you feel like a kid again too! The benefits are endless!

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