18 Jan 2013 10 Comments
One of the best things about living in Calgary are the Chinooks; we have had mild temperatures all week! Well, good for most people, crappy if you are prone to migraines!
Anyways, check out the posts I enjoyed this week:
1. Liquid’s post about “Getting Back Into Stocks” was interesting as he has determined how massive the coffee drinking industry is! To get a share of the profits, he has narrowed down some of the companies providing this commodity, and he plans on owning parts of these companies. Of course, these are companies you can own with ETFs as well!
2. Modest Money had a post about “Treating your Savings Like a Monthly Bill.” Savings is usually the last thing that gets a cut of your monthly income, so if you treat it as a bill and “pay” it every time you receive a paycheque, you are more likely to see the balance increase with minimal effort. This is definitely something I wish I did when I was younger, and definitely something I recommend to my clients now.
3. Mr. CBB’s weekly Grocery Game Challenge showed that he had a lot of great finds this week! It is still amazing to me the amount of things he can get with his weekly shops with the helps of coupons and price matching. Still lots for me to learn in this area.
4. Dividend Ninja had a post about “Why Canadians Should Avoid Mutual Funds.” The 3 main reasons are upfront fees, hidden fees, and under-performance. These are definitely great questions you should ask your financial advisor every time you meet up with them!
5. CF over at The Outlier Model had a post about how to save some money by trying a no-spend weekend. I definitely find the weekends are when we spend the most money! They are also co-hosting a $100 Giveaway, so head over there to get your name in the draw!
6. Daisy over at Add Vodka had an interesting post about “Job Hopping & Generational Differences in Opinions about Careers.” There is definitely a gap between the mind-sets for what a career should look like; it is interesting to think what a career path would look like for those who will start their careers in 10 years. Is loyalty an outdated concept? Is a job just a business transaction where you exchange your skills/talents for money? We knew of a couple friends who were laid off right before Christmas; was that harsh? Or just a business decision?
The following blogs included Vix Money in their weekly recommended readings; thanks for the support! Check out their lists for lots of great reads!
I found this comic amusing as my parents were insanely strict with me growing up. Like crazy strict. Like listening on phone calls strict.
Have a great weekend! Thanks for reading.