Save money tips that are applicable to every Canadian

It is not how much you make. It is how much you keep. Corporations have spent billions of dollars to design ways to make people spend or spend more. Credit card companies are always pushing people for more consumer debts (bad debts). No wonder the national bankruptcy rate has been rising since the introduction of credit cards and more people have to work after 65.

This section gives you every practical save money tips there are to help you save lots of money. You can see this as a defensive move against the big players in the consumer world.

In money game, knowing how to play defensively is crucial to becoming financially independence. However, like in the sport game, it also sounds boring and seems like a lot of hard work. This section shows you that frugal living and saving money here and there aren’t that hard. In fact, its fun and fulfilling once the habit is developed.

Canada is a debt-ridden nation. You might think that those who earn higher salaries must be closer to financial independence than you are. In fact, high earners are just as vulnerable to overspending as the average earners. Even more, they tend to feel the needs to live up to their status by buying expensive cars, cloths, houses, and other luxury items or expenditures.

Truly wealthy people do not live beyond their means. Contrary to common stereotype, they don’t necessary live in wealthy neighborhoods, drive imported cars, wear expensive clothes, enjoy luxurious living, have high education, and so on.

The #1 key is to keep what you earn. As you become more and more skillful in the art of frugal living, you can then think about the offensive –investment or starting your own business. The offensive skills accelerate your speed to financial goals, but what keep you financially alive is the defensive.

Return from Save Money Tips to Homepage