Relationships, Engagements, and Weddings – Say “I Don’t” to Debt
Between 40% and 50% of divorces happen because of money-related issues depending on what survey you read. Do we really need any more proof that this personal finance thing is important?
$32,358 Average wedding cost Wedding Bells Magazine
Average bride thinks engagement ring should 4K, still need wedding bands there too buddy
Pre Nup? Breaking off? Common law?
A few years ago I can honestly say I had given zero thought to what constituted a ‘financial planner’. I honestly didn’t care. A financial planner seemed like something for other people. People with tons of money and complicated financial situations. They were for...read more
Canada’s online banks are growing not only in number of competitors, but also in services offered, and ease of use as well. This is great news if you: Hate driving to a bank branch. Can’t stand waiting in lines. Don’t enjoy paying ever-increasing fees to access your...read more
Sure, saving is all the rage in the world of personal finance nerds, but here’s a fun fact: Even if you’re saving for retirement, you’re going to spend that money someday. I learned that the hard way when three of my biggest savings goals all needed to be spent in a...read more
While sure, there are a lot of ways to gracefully say no to plans you can’t afford, there’s one type of invite that requires a bit more finesse. Weddings. If you’re in your 20s or 30s, prepare yourself - the wedding invites are coming, and the cost of attending them...read more
Summer is the season of sun, fun, and expensive plans with friends. But what if you need to say no to expensive plans, for reasons from affordability to straight-up not wanting to attend? Between festivals, patio drinks, brunches, camping trips, vacations and more,...read more
Summer is just around the corner and so is Canada’s wedding season – if you’re into traditional (local) weddings that is. It’s wedding mania for me now since I’m in my mid-to-late twenties and I’ve been to two weddings this year already (including my first good...read more
In Canada we are pretty darn lucky to have a great maternity (and paternity) leave system, although surviving on 55% of your income for much of the year can be pretty daunting. Some of my friends in the United States are not so lucky and have 12 weeks of leave after...read more
According to the Globe and Mail the average wedding costs over $25,000 these days. It doesn’t make much sense to go into debt when you’re just beginning your new life together (especially considering that financial stress can be so destructive to relationships). ...read more
I recently read this great book by Dan Ariely (a researcher in behavioural economics) called "Predictably Irrational" and one of the chapters was especially interesting: The Cost of Social Norms: Why we are Happy to Do Things but Not When We are Paid to Do Them"...read more
"For better or worse, for richer or poorer" The sad reality is that many marriages do not survive the for "poorer" especially if there is a significant difference between the spending habits of the individuals within the marriage and when there is irreconcilable...read more