## What do Canadians buy and spend their money on average? (2011)

StatsCan released some numbers on what Canadians spent in 2011. Their average Gross Income = \$55,151 After taxes of \$10,633, they have about \$44,518 to spend. Click to biggify The

## Canadians are spending more than they earn

Surprised? I wouldn’t be. According to the last calculation from Statistics Canada, the average household owes 165 per cent more than it earns in annual disposable income, me

## Cut your own budget and handle it wisely

So you have a budget and you want to see where you can chop it, but everything looks just so.. NECESSARY, doesn’t it? (I hear you on that, my necessities include boxes of mac

## How to create a budget

I’ve been requested several times to write a post on how to do this, so here it is. I will be posting on how to cut your budget later. FIND OUT YOUR NET INCOME Gross income i

## Save like a developing country: Global savings rates around the world

The only data I’ve been able to get for all the countries at once, is for the year 2010. Luckily, it isn’t so far off from 2013, and the savings rates at a quick glance

## Budgeting like a freelancer: Set yearly amounts and save the rest

So this year, I decided that I needed to start budgeting like a freelancer, rather than someone with a steady income. Most people tend to look at their net income each month, set a

## A college degree doesn’t necessarily mean you have any skills

I read a few interesting articles over the past few days that I thought would segue nicely with my previous post: Who really needs a college degree anyway? A college degree was an

## How much should you have saved for retirement so far?

I’ve always wondered what the benchmarks were for saving, net worth and retirement numbers by age. It can be so hard to judge all of that, seeing as our income varies over ou

## The Poor versus The Rich: Spending Habits

It goes without saying that 5% of a budget varies greatly, so here are some numbers to keep in mind: 5% of \$150,000 = \$7500 5% of \$70,000 = \$3500 5% of \$20,000 = \$1000 The percenta

## How to budget for traveling

Traveling overseas always makes people groan because of the work involved to plan it, but also the cost of it. On average, we spend about \$1000/week each on vacation, which is at l