ReadershipI don't mean to brag, but check out the legions of readers my RSS feed has. That's four whole people who like what they've read enough to follow up on a regular basis. Assuming, of course, that they're not all me (I'm still getting the hang of this Web 2.0 thingy).
Retirement SavingsThis morning, I requested the transfer of my final "chunk" of retirement savings into my brokerage account. For those keeping score, I have the following (as of July 31):
- Brokerage self-directed RSP account: $5,752.77
- Employee Savings Plan Group RRSP: $27,135.99
- Employee Group RRSP:$4,740.82
The Spending StruggleI've been thinking more and more about my recent issues with a "paycheque-to-paycheque" mindset. Ultimately, I think I'm not planning and tracking my spending adequately. A big problem area for me (and for many others) is grocery spending. I tend to look at this category as a single, contiguous "block" of necessary expense, and I believe that there's plenty of room here for better planning and prioritization. It seems to me that I have a choice: either live paycheque-to-paycheque, or live "purchase-to-purchase". By taking the latter mindset, every expenditure will be evaluated to answer the following questions:
- Is this a necessary expense?
- How much money will this leave available until the next paycheque?
- What will I need to sacrifice to accommodate this expense?