Money Archives - Page 53 of 53 - The Outlier Model

Ode to a chef’s knife

chef's knife, kitchen knife, kitchen investment, kitchen equipment

CF / February 23rd, 2011 / No Comments

My six year old chef’s knife broke yesterday during the making of shepherd’s pie. It was a good knife while it lasted – $11 from London Drugs, but had superb balance and strength, was easy to sharpen, and had no issues with rusting or staining. *Tear* I’d like to blame the bf and his questionable culinary skills, but after a thorough post-mortem (it had a half CENTIMETER tang, if that!)...

Posted in: Home, Money Tagged with: chef knife, money

Indulge yourself to stay on track

Indulge yourself, coffee, latte, splurge

CF / February 13th, 2011 / No Comments

Budgets are tough. It’s easy to want things and so much harder to say no. Saying no to yourself does get easier over time, but it helps if you leave enough room in your budget for the occasional indulgence. It’s like a diet. Everyone knows that eating lots of fruits, vegetables and fiber will keep you healthy, but the occasional chocolate bar does no harm and may offer some benefit as...

Posted in: Entertainment and Leisure, Money Tagged with: avoid lifestyle inflation, budget, indulgence, staying on budget

Net worth update 2010

income tax refund, tax refund, extra money, Net worth update , net worth, financial success, financial health

Brian / February 8th, 2011 / 2 Comments

In terms of overall financial health, your net worth is a great indicator of overall success. To calculate your net worth, add up all of your assets (things that are worth money) and subtract your debts (loans, etc). 2010 was the first complete year that both CF and I kept track of our net worth on a monthly basis. At first, adding up all of my assets and debts seemed like a big task. Now, I enjoy...

Posted in: Money Tagged with: assets, debt, loans, Mortgage, net worth, paying off debt, RRSP, TFSA

Getting cable TV and internet for less

tv promo, cable, internet, cable TV and internet for less, cheap cable, cheap internet

CF / January 14th, 2011 / 3 Comments

Cable TV and internet are two of those annoying bills that somehow seemed to have crept into the “necessities” category for many households. While I don’t consider TV and internet essential, my finances are such that I can afford them. But, there’s no need to pay full price! Here’s how you can get cable TV and internet for less. How much TV do you need ? First, how much cable...

Posted in: Entertainment and Leisure, Money Tagged with: bills, cheap cable, cheap internet, TV