Calgary Dream Homes

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  1. It is always hard to cut back on spending but when times are tight you may have to. It doesn’t mean however that you have to cut out the things you enjoy, and make you happy. Here are some ways to trim things a little.
  2. Take good long look at your Utilities, which ones can you cut back on that don’t change your quality of life. Look at a downgrade to your cable network and try to still get just the main channels you like most. Search out the best deals on Telus or Rogers etc. Tell either one that you are thinking of leaving - that should stir things up!
  3. Spend a couple of hours on the weekend cooking a lot of food and buy a sealer machine to freeze the leftovers in individual bags. Now you have homemade, ready-to-go meals to save you money and feed the family any night of the week!.
  4. Dine out a bit less, find an inexpensive restaurant that you and the family can save money eating at. Maybe you can even make the same meal, or even a better one, at home and save about half of the cost!
  5. What about selling some things you don’t need on Craigs List? Check out the classifieds site, you will be surprised how much you make on unwanted items.
  6. Try a spot of window shopping until things pick up. For now simply walk through stores, browsing to see what’s new and what you will buy later!
  7. When you feel like sprucing up a room, go shopping through the items you already have. Maybe move the furniture around to change the place up!
  8. Don’t cut down things like insurance coverage, but maybe see if you can get a better deal. But remember - You will not do yourself any favors by cutting back on items that keep you safe and a bad decision may come back to haunt you.
  9. Take a long hard look at each of the necessary bills you pay and consider ways to reduce them. Save on groceries, clothing, and transportation by shopping around.
  10. Consider your employment. Often, the only reasonable option you, your spouse, or your partner has is to increase income by working extra hours,but in Covid times this is more difficult.

When outgoing cash flow exceeds your income you get a clear picture of what you’re spending money on (you’ll be surprised how much you waste) by keeping a log of every dollar you spend. Write down everything, coffee, gas, going to the movies. It is no fun, but if you track your outgoings, the big picture becomes clearer.

Stay Safe!

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