Last week I told you that my hubby and I were headed to BC to visit my grandfather whom I hadn’t seen in 8 years. Well this week I wanted to give you an update on how the trip went. It went FABULOUS!! We had such a good time. We got to catch up on so many things that have gone on. Strangely, it was like we hadn’t missed a beat and had been in touch this whole time. He doesn’t even look that much different. It felt so great to see him and bond. We took him and his wife to the aquarium where we spent 5 hours having a blast. Then we went for a real nice dinner and dessert. We also went for a walk to the chocolate shop and had a few visits at their new place. I can’t express how happy I am. I think we are planning to head back out there for another visit in the fall.
Now on to the PEP’s of the week.
Broke Professionals shares with us a conversation they had with a friend about finding financial success early in life and how it can be detrimental. This story really hit home for me. When I finished high school I was really fortunate to get on at one of the local hospital’s as a clinical assistant. It paid really well, especially for the age I was at. Within the first year of this job I was able to buy my first house. Gosh did it feel great to be independent. People couldn’t believe that I owned a house at such a young age. I felt very proud of my accomplishment. Things went well for a while; I was paying my bills and traveling. What I didn’t count on was that my job hours could be reduced and my salary could change and they did. I was living a lifestyle that I could barely afford as it was let alone if my paychecks got smaller. This was a real learning curve for me; a situation I had to fix. It took me quite a while but I eventually recovered. You see, I was too young to fully appreciate what I had and I didn’t manage my money as well as I should. I got carried away. I was just like BP’s friend, my success came too soon and I didn’t know how to handle it.
Little House in the Valley tells us how we can save money by partnering with our neighbours. There are some great ideas in here like swapping babysitting. My hubby and I often borrow yard equipment that we use once in a while from my parents. Why buy it when we can borrow it?!
Barbara Friedberg gives us a list of 25 cheap ways to have fun. Some of these ideas we haven’t tried yet so I am going to keep them in my mind for our date nights. We have gone to the library before and thoroughly enjoyed ourselves…there are books on everything these days. We have also gone to some free movie festivals which have been a real blast; especially the ones in the winter where the movies are projected onto a big block of ice. Barbara has another list of cheap ways to have fun so check it out too.
Money Crashers shares with us 7 ways we can naturally wash our car. This article stood in my mind because I recently got in my car to drive it and realized how dirty it is. It is really embarrassing actually. It is so hard to know when to clean it here because our weather fluctuates from really cold to mild cold frequently. The doors either freeze shut or it gets dirty right away from the salt on the road. I need to clean the car soon so these tips will come in handy.
Sustainable Personal Finance tells us to stop smoking. Congrats to Mr. SPF who is on his 7th week of being smoke free. His progress touches my heart because I work in the area of cancer care and I see people every day who are losing their lives to lung cancer caused by smoking. I am so happy that people like Mr. SPF are making the choice to get healthier. Keep it up; we are all rooting for you.
Young & Thrifty asks us if we are living a rock star lifestyle. As a fellow Gen Y I can relate to this. A lot of my peers are about the new and flashy; they like to keep up with the latest fads. I have never been into that too much, luckily. The thing most Gen Ys seem to forget is it catches up to you after a while. Eventually you will have to pay off your debt and if you have let it get out of control, you are going to be in for a real surprise. I say, set your priorities and pick your purchases wisely and by doing so you can avoid debt for good.
How to Save Money clarifies for us what is appropriate to discuss with our children when it comes to our finances. I don’t have kids yet but I am keeping things in mind for when I do have them. This advice will prove very helpful down the road. I am filing it in my email as we speak.
Invest it Wisely clears up four misconceptions about risk when it comes to investments. I tend to like to take less risk when I invest. I know it makes sense sometimes to take a chance but I have that fear of losing money. I guess I still lose if my investments don’t keep up with inflation. I liked how we can no longer blame our personalities as to why we invest the way we do. Very interesting. How do you invest? Are you a risk taker?
Planning for Retirement
Canadian Finance Blog outlines for us what we need to think about when it comes to retirement. I know I am far ways off from retiring but I think about it a lot. I am constantly planning what I am going to do and what I want to be able to do when I retire. I guess this helps me keep on track when it comes to planning my financial activities.
Get Rich Slowly reminds us of the power of patience. This is a big one for me. I am not always the most patient person. You see, I get so excited for the next thing that I don’t always appreciate the current moment. This isn’t good. I also seem to expect things sooner than is reasonable sometimes which also isn’t good. My hubby often has to remind me to slow down and just be for a while. I am getting better at it, thanks to yoga, but it is still a battle most days. Do you struggle with being patient?
Caring for Yourself/Others
Personal Finance by the Book asked us what Winnie the Pooh character we were. I am definitely Tigger: always ready to try something new and very goal orientated. I am also hyperactive. What I liked about this post is that it reminded me of who I am and how my actions can influence those in my life. I am known to drag my hubby around sometimes at a pace he doesn’t like. This post reminded me to be self aware and make sure that I am caring for my life and those around me the right way.
Barbara Friedberg Personal Finance- $25 Amazon Gift Card
Moolanomy- $50 Visa or Mastercard
Young & Thrifty- H&R Block DIY Tax Giveaway
Little House in the Valley- H&R Block Giveaway
Stretching the One Income Dollar- Easy Quilt Projects by Better Home and Gardens
Girl with the Red Balloon- CSN Stores $60 Gift Card
Yakezie- 10 copies of H&R Block at Home
Bucksome Boomer- CSN Stores $55 Gift Code
Well Heeled Blog- H&R Block Tax Codes
Carnival of Personal Finance- Fabulously Broke in the City
Carnival of Money Stories- Squirrelers
Festival of Frugality-Money Beagle
Canadian Finance Carnival- Canadian Finance Blog
Totally Money Carnival- My Personal Finance Journey
Carnival of Wealth-Control Your Cash
Best of Money Carnival- Redeeming Riches