It’s Not About the Money

You know that feeling you get when you have to look at your numbers? That sinking feeling in your stomach, or tightness in your chest? That is a symptom of the Ignore-Panic Cycle.  Guess what?  It’s about the money, but it’s not about the money. And … it can feel really different than that. Take one small step. Love and light,...
Time Freedom and Choices

Time Freedom and Choices

It’s that time again! The leaves are long gone and snow is falling – we had 15 cm dumped on us this week. The holidays are upon us along with the joy and the stress that accompany this time of year. As an entrepreneur, the holidays can be a great opportunity to take advantage of the time freedom you have. It can also be a time to consider the way you are spending your money. Enjoy this weeks article and video for some tips around Renegotiating The Holidays. Chime in on the blog with what your family does to make the season bright without breaking the...
Renegotiating The Holidays

Renegotiating The Holidays

“It’s not how much we give, but how much love we put into that giving.” ~ Mother Teresa  Join me this week for this quick video about how you can renegotiate the holidays in ways that will enhance your experience and  keep you on target with what you really want.             1.  Have a conversation with Family and Friends Are you in love with all of the unspoken agreements that you have now around spending time, money and energy? Open the conversation – you are probably not the only one who would like to renegotiate. How much do you really want to spend? Create new agreements. How much travelling? How many parties will you go to? Will you host a party? How can you create community within your means? 2.  Get really clear on Creating your holiday budget How much do you actually spend at the holidays? Is that what you want to do? Make a plan with estimates of how much you want to spend Add it all up – is it reasonable given other goals you have in your life? Your plan will help you to avoid overspending Use the Holiday Spending tool (Click Here) “True generosity has to be good for both the giver and the receiver.” ~Karen Collacutt   © 2014 www.karencollacutt.com Want to use this article in your ezine or website? You can, as long as you include this complete citation with it. Personal finance expert, Karen Collacutt is founder and CEO of Make Friends with Your Money.  Karen works with ambitious people who are making good money but...

Stacking Wood for Winter

The beginning of school is behind us, the cooler evenings and shorter days are starting. It is the harvest time and a time to prepare for the coming winter. There are many things you can do to prepare for the cold season and to keep the costs down through the winter. One of the ways we manage the heating costs is to burn fires in our Masonry Heater fireplace. It was fun this weekend to have the kids help with stacking wood for us and for my...

27% have less than 1 month – Do You?

This may surprise you – almost half of Canadians have less than 1 month of expenses saved in case of emergency. In BMO’s newly released Rainy Day Survey, It is clear that savings is still a major challenge. One-third of Canadians are living pay-cheque to pay-cheque. I know from my clients that many of you are earning well over $100,000/year and are still struggling. You are juggling expenses, debt, and lifestyle choices. You don’t have a money life plan and are trying to manage complex finances in your head. The percentage of people with enough savings to cover a change in financial situation, job loss, illness, injury or major home or car repairs is up 8%, to 27% of Canadians, according to the annual Rainy Day Report. However, this survey also shows us that with two-thirds of Canadians using savings through an emergency, and almost half of Canadians with less than three months emergency savings, many Canadian families face potential financial crisis. Ready to create a better Money Life? 1. Get clear on what your life costs and what you earn 2. Decide what you really want your life to look like 3. Match your money to your goals. Need help? Let’s talk....