Tuesday, May 28, 2013
5 Easy Steps to save you moneyBe wary of monthly commitments like magazine subscriptions, gym memberships and more.
Retailers count on you forgetting the $7.95 a month hit that adds up to about $500 in 5 years! If you use it fine, but keep a monthly reminder so if you stop, you`ll be prompted to cancel.
Do a swap with friends!
Women have an average of 496 products in their bathroom – and men?
Do you have 50 hair products that you’ve used once that friends might love?
What about your 5th straightening iron or the hot rollers you no longer use?
Add to that electronics and gaming and you have a friendly flee market of fun! Forget jewellery and other parties that cost big bucks! Save with a swap!
Click here to watch the segment from March 12, 2013
Secrets to being a Millionaire:
Click here to view the January 2013 segment
It can be one of the most uncomfortable talks with your loved one, but financial expert Kelley Keehn has tips on how talk about money.
Click here to view the video from Monday, November 12, 2012
Benefits of using a credit card to help you keep track and offer protection and rewards
What types of cards are best for rewards during the holidays?
What type of protection is out there and what does it cover?
If we’re using a credit, what do we need to do to ensure we don’t over spend?
How can we avoid the holiday spending traps no matter what method of payment we use?
Monday, May 27, 2013
View the video here - October 31st, 2012
Kendra’s question: How do I start my boys on a good path to being responsible with money? They are 7, 4 and 1. Is giving an allowance for chores a good thing to implement this early?
For your 7 year old – absolutely! But discuss weekly too about his/her responsibility to now make some purchases of their own with that allowance. You’ll find that they make different decisions when it’s “their money” as opposed to mom and dad always forking over for purchases. Your 4 and 1 year old are a little young, but they’ll see the positive actions of your seven year old and hopefully hear your conversations as well. Remember though that their allowance should be earned, not a right at a certain age.
And as with food, keep in mind to never use money as a reward or punishment. It should be a fair exchange for good work done.
Talk about having kids help out with family budget.
Victoria: I am wondering how you teach a young child the fun way to save?
For kids as with adults, it needs to be visual and short term. Consider a goal thermometer along with a dream board about what they’re saving for. If they can see it and feel they’re making progress towards something they really want, they’ll enjoy the process and the end result too.
View the video here: October 23, 2013