Budgeting

Budgeting 102
Happy New Year! I hope you have had a chance to take a break and relax over the Christmas holiday! During the fall and Christmas season, I’ve had time to think about budgeting and how I’m going to move forward with it on my channel. I’ve decided that I will start creating weekly budgeting videos again. I know many people are interested and I think it’s very valuable to show people examples of real world scenarios. I will have set up my 2026 Budget Mom planner on my YouTube channel... Read more...
Inflation & Survival: Budgeting in 2025
Dealing with money is hard in the best of days. Budgeting and trying to figure out where your money is best spent or saved is hard any time, but now, more than ever, we as a society are struggling. The increase in prices of food and goods has changed dramatically in recent years. Add to that the stress and tension of recent political events, some of us are wondering how we’re going to pay our rent or mortgages. Specifically in Canada, I heard on the news that about 90% of... Read more...
Budget Categories
Good morning! Welcome to my blog! Today, we are going to talk about budget categories - what they are, why you should have them and some examples of how I use budget categories. Firstly, as everyone who starts a budget should know, a budget doesn't necessarily mean limiting yourself or no spending. It does mean you allocate your money based on your spending habits, and for things you need like housing and bills. If you want to start budgeting, the very first step you do is to examine where your... Read more...
When Is It Enough?
Today, we’re going to talk about money! That’s right - new year, new money goals. At the time of writing, I’m currently reading two “money” books for the Janes Agenda Masterplan Class. These are The Psychology of Money by Morgan Housel and Your Money or Your Life by Vicki Robin and Joe Dominguez. The topic I want to focus on that both of these books touch on is, when is it enough? According to the authors, there’s a bell curve that we can determine when we reach this point. This... Read more...
Emergency Funds & Peace of Mind
Today, I want to talk about emergency funds. Last time I discussed budgeting, I spoke on the importance of sinking funds. Sinking funds are savings for a future purchase that you might not necessarily be able to afford all at once. You save up a little at a time in order to reach your ultimate goal. An emergency fund can technically be a sinking fund as well. The functionality differs in that you only use the saved funds to pay for emergency issues, like if your vehicle breaks down or... Read more...
Sinking Funds and Peace of Mind
What are sinking funds? Basically, it is saving a tiny bit of money in a regular interval over a long period of time. There are two basic ways you can look at it: First, you may have a specific savings goal in mind. Say for example, your goal is to travel in two years. Your first step is to determine how much money you will need for your trip. If you get paid weekly, break that amount down into 52 weeks times two. (104 weeks). If your trip is going... Read more...
Reverse Fomo: Buyers Remorse
We all regret some purchase at one time or another. I have had times where I have this fear of missing out (FOMO) on certain products, or launches. Companies will hype you up, and say there are limited number of products, so you better get yours now! This in turn makes you feel this anxiety, like if you miss out, your whole world is going to be turned upside down. There are times I get so involved with a company or a product or a certain fad (when I say... Read more...
The Pro’s and Con’s of Cash Budgeting
Hey friends! Welcome back to today’s blog. I hope you enjoyed the budgeting article from last week. Today, we’re going to explore the pro’s and con’s of cash budgeting. Really, we’ll do a comparison between cash budgeting and non-cash budgeting (using a debit or credit card for your spending). As I have already discussed, budgeting can be hard. It’s hard to face some difficult facts about your spending and it can be hard to decide where to put your money. The good thing about budgeting is it means your money... Read more...
How Budgeting Has Changed My Life & Why You Should Budget Too
Let’s talk about budgeting - wait! Don’t run away! Trust me, the word “budget” may sound scary, but guess what? It doesn’t have to be. Look at budgeting as simply another goal in your life. That’s exactly what budgeting is: a plan or goal for where your money is going to go. Budgeting starts with organization. Once you start to gain knowledge over where your money is going, and what you’re doing with it, you start to take back your power. I always say that knowledge is power, and this... Read more...
Budgeting 101
Hello everyone! Today, we’re going to talk about my experience with budgeting. It has definitely been a journey. I want to alleviate the misconceptions about budgeting, and give you my advice so you can start out on your best foot forward, whatever your money goals are. I started keeping track of my money and bill payments as soon as I had bills to track. I started officially budgeting two years ago. By budgeting, I mean I wrote down my expenses, and tried to limit myself in my spending. Not that... Read more...