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Menu Planning – Saving Time & Money

How many days a week do you stand in front of the fridge at 6pm wondering what you are going to make for dinner? And when this happens, how many of you decide to order in? Most people are nodding their head right about now. With a small change in your routine you will have more time to spend with your family in the evening, and your budget will benefit.


1.   Plan your weekly meals before you go shopping. 

a.  This will prevent food waste, as you are only buying what is required for that week. Without a plan we often purchase perishable items that we think we will use during the week but end up throwing away. 
b.  This will prevent overstocking. When you try to put a plan in place while shopping, it is easy to forget what is already in the cupboard.

2.   Look through flyers and coupons.

a.  Saving money on groceries can be as easy as planning a few meals based on what is on sale that week.
b.  Most stores will price match, so you can benefit from coupons without having to spend extra time driving to multiple stores.

3.   Family participation.

a.  Kids love to cook, so spending time in the kitchen together gives you the opportunity to spend valuable time with your children. Cooking won’t seem like such a chore.
b.  If you have older children make them responsible for planning one meal a week. This is a good habit for them to develop, so when they live on their own they don’t resort to eating out every night.
c.  If you are a single person you can meal plan with a friend. Spend the day together shopping and cooking. You then have a week’s worth of prepared meals to enjoy at home.

4.   Make extra for leftovers.

a.  It is nice to have a night out of the kitchen. When cooking your meals make enough so that you can have leftovers one night of the week. The gives you a break from the kitchen without having to break the budget by eating out.

~ Charlie Peet ~

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Planning to Be Debt Free

Making the decision to be debt free is your first step towards financial freedom. You also need to make a plan on how you are going to achieve your desired results. Begin this process by putting all of your cards away, and stop using credit. Your next step is to take an inventory of your debt. Assess your current financial situation as it stands today. You can do this by making a list of all of your debts. For each debt, list the outstanding balance, the minimum monthly payment, your interest rate, and your credit limit. You will include debts such as:

Unsecured Debt

  • Credit Cards
  • Lines of Credit
  • Overdrafts
  • Payday Loans
  • Cash Advances
  • Outstanding Income Tax
  • Student Loans
  • Outstanding Unpaid Bills
  • Family Loans

Secured Debt

  • Mortgage
  • Vehicle Loan/Lease
With this list in place you can determine how much your debt is costing you to service each month. There are many debt calculators available online that is free to use. You can formulate a strategy on your own, or with the assistance of my office. It is important to keep your plan realistic and achievable.
~ Charlie Peet ~

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The Journey Begins

November is Financial Literacy month in Canada and I have decided to kick it off with a new blog. I have been assisting people of the Okanagan with debt consulting, budgeting, and credit building services since 2002. I feel a great sense of accomplishment when I witness my clients move towards financial freedom. Every person is capable of obtaining financial success, regardless of income level. With a commitment from all household participants to alter previous spending habits, a willingness to incorporate new behaviours, as well as guidance from my office you can begin your journey to become "Forever Debt Free."

~ Charlie Peet ~

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