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Condo or condon’t? Is condo living right for you?

Purchasing a house is a huge decision and choosing the type of home you buy adds a whole other layer. Let’s break down all things condos so that you can make sure you think about all the options because after all, you’re the one who will have to live with it – or in this case, in it.


Are you currently considering purchasing a home for the first time? Or are you possibly looking to downsize from a house to a condo? Before making a purchase, especially one as big as a house, it’s important to weigh all the pros and cons. As a current condo owner for the past three years, I’ve started a list of things to consider to help you decide if condo life is right for your lifestyle.

Condo Pros

Condo living comes with a lot of pros – here are some that I would consider positive:

  • Low Maintenance – Condos usually come with snow removal and landscaping built into condo fees.
  • Affordability – Condos tend to be lower in price and newer, so you get more bang for your buck.
  • Amenities – If you get lucky, your condo could have access to some extra amenities, such as a pool, fitness centre, clubhouse, meeting space, BBQ, underground parking, gated community park, etc. These extra amenities could also help you save money on other expenses, like no gym membership or sharing a BBQ.
  • Less Hidden Costs – What you see is what you get with a condo. There are usually no extra costs when it comes to shingle repair, deck, landscaping, etc.
  • Location, Location, Location – Many condos are located close to downtown or commercial developments so you’re usually within walking distance to city attractions.
  • Size – Bigger doesn’t have to be better, especially when it comes to cleaning a big house or buying furniture to fill it. Depending on the condo, they usually give you a good size designed for comfortable living for families while allowing space for storage.
  • Utility Savings – Sometimes utility costs are built into your condo fees which means you share utility costs with your fellow tenants. This can be a blessing or a curse (depending if you have neighbours who love to take 45 minute showers), but by sharing utility costs – you avoid having to pay setup and maintenance fees. You also don’t have to worry about paying multiple bills during the month.
  • Board Experience – Each condo building typically has a Condo Board that makes decisions for your facility like the use of your reserve fund and any increases/decreases to your condo fees. If you are looking to gain Board experience, this is a great place to start while also having a say in what happens in your neighborhood.

Condo Cons

Here are some of the cons that come with condo living that I would suggest you consider before committing to a condo:

  • Close Quarters – You’re usually sharing walls with neighbours resulting in loud distributions and lack of privacy. I used to live beside a neighbour who had a dog that really missed them when they got home from their nightly shift work at 4:00 a.m.
  • Difficulty Re-Selling – Depending on the market, a condo can generally take longer to sell since condo living is not for everyone, market saturation or too many condos are on the re-sale market.
  • Lack of Back Yard – One luxury I wish I had access to would be a bigger back yard. I do have something (and by “something” I mean a strip of shared grass), but it is tough to entertain during the summer when you don’t have access to a large lawn or privacy from your neighbours.
  • Rules – Condos tend to have set rules that vary per condo like “quiet time”, no pets, renovation restrictions, no smoking, etc. unlike living in a stand along home where you are generally free to do what you want to do.
  • Condo Fees – As mentioned in the pros, condos come with condo fees that go towards the building upkeep, shared utilities such as hydro, electric, grounds keeping and a reserve fund for emergencies (although this could be considered a positive – yay for savings!). The older your condo building is, the higher your condo fees can be as there is generally an uptick in the amount of upkeep needed for the building.

When purchasing a home, I highly recommend making a good ol’ fashioned pro and con list for each separate property because it’s highly unlikely you will find a home that has absolutely everything and a list will help weigh your options so you can find out what you can live with and what you can’t live without.


Do you or have you lived in a condo and have any pros and cons to consider? Comment below!

Cracking open the books and not the piggy bank

School is officially back in session – where did summer go?! For some of us ‘older folks’, our university days are a distant memory (some good and some maybe not so good) and like every life moment, they provided us lessons along the way. If you were to ask me “What do you wish you would’ve known back then?”, the answer is simple – pay more attention to your money. So here’s what I wish I would’ve known back in my glory days – four clever ways post-secondary students can save. 


Whether you’re attending post-secondary as a first year, or returning to finish off your education, here are a few tips to consider that will help you manage your money and reduce financial stress.

Budgets do work

Let’s face it, adulting is hard and brings on a whole new set of responsibilities – many of which have a financial component. A budget can help you manage these financial responsibilities by allocating a certain amount of your income to your different expenses such as rent, food, education and entertainment.

As you focus time to spend on your studies, a budget also requires time from you in order to be successful. This includes taking time each month to set your budget and then track your spending to ensure you’re not spending more than you said you would. There are many tools to help you including our Budget Calculator.

Interested, but not sure where to start? Check out our blogs How much should I spend on… and Creating a budget.

Entertainment in moderation

Now I’m not going to be the #NoFunPolice and say don’t go out because that’s not realistic. Going out with friends is fun and can positively impact your well-being. My advice – in your budget, create a category for entertainment/nights out with friends and then do so in moderation as the costs can add up quite quickly. Once you’ve hit your budget for the month, reconsider a night out and see if your friends would prefer to do a night in instead.

When going out for the night with friends, here are a few ways to save and stretch the budget you’ve set:

  • Many restaurants and local bars/pubs have happy hours and different daily specials, helping you to save a few dollars on that fancy drink or food item. Take advantage of these specials because who really doesn’t love a discount such as 1/2 off appies… mmmm nachos (minus the olives – yuck).
  • For each drink you have, drink a glass of water in between and don’t order another drink until your water is done. This will help reduce the number of drinks you purchase, and better yet, help your head from hurting a bit the next morning!
  • Skip the shots! Ordering a round of shots can be quite expensive, especially if ordering multiple rounds. Yes, it may seem like a great idea at the time but once you receive your bill, you may regret that decision. Save your money and just don’t do it – again, your body will thank you the next day.
  • Be the Designated Driver (DD) for the night! If going out is a weekly thing with the same group of friends, create a rotating DD schedule. Not only will this save you money when it’s your turn, but also helps you save money on a ride home each week.

Whatever you choose to do, always remember to plan for a safe ride home – and don’t forget to include this transportation cost into your budget! #MomAdvice #BestAdvice

Take advantage of student discounts

It’s no secret, gas is expensive and parking is even worse. There are a few ways to reduce your transportation expenses including:

  1. Walking or biking, depending on how far you are away from campus;
  2. Public transportation, which several post-secondary institutions include as part of your student fees; or
  3. Carpool with your classmates, allowing you to cost share gas and parking with others. Double-win if they have the same taste in music as you do, as it can make for some great carpool karaoke sessions. ♫Everybody…. Yeah…. Rock your body…. Yeah…. ….Backstreet’s Back Alright

Use credit wisely

It may be exciting if the Saskatchewan Roughriders rack up 35 points in the first half of a game, but maybe not so much if you’re racking up your credit card. Credit cards are a great tool, if used responsibly. They should not be used as a tool to spend money you don’t have, but instead used to make purchases within your budget and help you gain credit.

It may also be tempting to apply for every credit card that comes your way, but this can do a lot of harm to your credit. Check out our Building Blocks of Credit blog to learn more – including good credit behaviours.


These are just a few tips in helping you save and manage your money while attending post-secondary school. Want more? Check out our blog, It doesn’t just need to be ramen noodles, where one of our members shares his experience and advice on managing money will being a full-time post-secondary student.

Are you, or were you, a post-secondary student? I’d love to hear other advice you have or lessons you learned – either the good way or bad way – during this life milestone. Share your experiences and advice in the comments below.

Help! I Need a Mortgage!

Purchasing a home, especially your first, will be one of the most expensive and important purchases of your life. It’s important to understand how the process works and the impact that buying a home can make on your short and long term finances. Follow these three handy tips to see how much house you can afford! 


Did you ever drive around with your parents during the holidays looking for the best lights in town and thought “I wonder how much this actually costs?” Or maybe you’ve started looking at listings in neighborhoods you’d like to live in, only to realize you have no idea how much you can afford? Whatever the case may be, securing a mortgage is an intimidating process. We’re here to help with a three step process that gives you a great starting point for where to go and how to makes sure it fits your budget.

Step 1: Check, Check, Check It Out

Are you ready for this next chapter to begin? It starts with a word that still sends shivers down everyone’s spine after high school… “homework”.

First you’ll need to determine your credit score. I recommend sitting down with your financial advisor who will be able to best accurately determine how much debt you’ll be able to undertake.

Financial advisors use your credit score to determine whether you qualify for a mortgage and how much you will qualify for (alongside the Mortgage Stress Test). An easy way to take a realistic look at your spending patterns is by going through your banking and credit card history. Staying in touch with your current spending habits will prevent any unpleasant surprises when going in to discuss your options with your advisor.  

Step 2: Evaluation Time: What Can You Spend?

Figuring out “how much you can afford to spend” versus “what you should spend” can be hard. Imagine spending your entire budget on your lavish dream home, but you can’t invite anyone over because you don’t have furniture for them to sit on. Compare that with a home within your means that you can afford with furnishings that you, your friends and family will enjoy. Just because you qualify to buy a large house, doesn’t mean you should make yourself “house broke”. If you purchase a home and leave yourself some wiggle room, it’ll give you more flexibility to spend your disposable income on other things such as trips, family, and decor for your new digs! Ask your financial advisor about the lifestyle trade-offs that occur when you take that step to become a homeowner.

I also recommend talking to your financial advisor about creating a budget that provides a holistic picture of your current expenses, long-term expenses, future expenses, and miscellaneous expenses that will come with being a new homeowner. Compare this budget with your current spending habits you identified in step one and you should be able to identify if you can realistically afford the purchase of a home. Need some help? We have some tools to help you create a budget. 

Tip: Practice living on this self-made budget for a while before making the steps to purchase. This way, you know that you can actively save and handle the budget change while making sure it is accurate.

Step 3: What You Should Spend & Knowing the Fees

Time to look at all the fees that come with buying a home! *Gulp* Many of these fees exist on top of the cost of your home so make sure you leave room in your budget.

  • Down payment (at least 5%),
  • Mortgage Default Insurance Premiums
    • Your down payment amount affects the costs associated with your mortgage. The higher your down payment, the less Mortgage Default Insurance Premiums (more commonly known as CMHC). Mortgage Default Insurance Premiums are mandatory in Canada, and are calculated based on your down payment amount. These fees are an insurance on your mortgage. If you can realistically afford putting down a 20% down payment, you can avoid paying CMHC. If you have the means to save for a 20% down payment, it will save you a ton of money.
  • Appraisal fees,
  • Home inspection fees,
  • Land transfer fees, and
  • Lawyer fees (approximately 1.5% of the total cost of your home)

As well, remember that once you buy a place to call home, your total monthly house costs are much more than just your mortgage payment and things like property taxes, home insurance and condo fees should be added to your budget. One of our previous blogs explores the expenses of homeownership.

In Canada, there are guidelines on how much an individual can spend on a house, based on your monthly income. In most cases, it is recommended that your monthly housing costs do not exceed 30-40% of your total gross monthly income. There are many good reasons to stay well under that number, remember, all those pesky fees and your monthly house costs we discussed above? They stack up fast and can leave you “house broke” if you are not careful.


Only you can decide your lifestyle and how much you’re comfortable spending each month, and if having a mortgage payment is right for you. Your finances are one of the most crucial and personal pieces of your life so it is important that you feel confident making the decisions that are right for you!

Are you thinking of purchasing a home? What advice do you have for people looking to buy a home? Share your thoughts in the comments below, it’s on the house!

4 Quick Tips to Save on Insurance

Home insurance. Life insurance. Car insurance. All important to have, ensuring you’re financially protecting yourself in case of emergency. With each insurance type comes many different options as well as a number of ways you can save. Here are a few savings tips and advice to look into when purchasing (or renewing) insurance.

Home savings that can be spent elsewhere

A part of homeownership includes purchasing home insurance to ensure you’re covered for loss or damage to your property due to unforeseen situations. Home insurance is a must, especially if you live in a condo, townhouse or apartment and share walls with a neighbour. You may trust yourself to not start a fire but you never know when your neighbour will find a way to set a bowl of ramen noodles ablaze. Some insurance companies offer different discounts to help reduce the cost of your home insurance including discounts for:

  • Having a monitored security system
  • Being claims-free for several years
  • Your age and the number of years you’ve been with the company
  • Having a good credit score

A big misconception that comes with buying insurance is that it is a standardized rate among all suppliers. When choosing home insurance, be sure to shop around for the best rates and ask what discounts each company can offer you.

Safe driving does pay off

SGI’s Safe Driver Recognition program rewards drivers with a discount on their vehicle insurance for safe driving. For each year you drive without an incident, you earn a safety point that corresponds to a discount on your vehicle’s plate insurance. As you can earn safety points, you can also lose points for unsafe driving such as speeding, accident, etc. If your safety wasn’t enough motivation to put the phone away while driving, one texting and driving ticket wipes away the points that would have taken you four years to accumulate. That could mean an additional $200 on top of the $280 ticket.

Bundling up

Some insurers will offer discount incentives if you purchase multiple insurances from them. The most common insurance bundles include home insurance and car insurance. When you are shopping around, check how much money you can save by bundling. It’s also very convenient for when renewal time comes around to do it all at once so you don’t have to wonder all year “Wait… is my car insurance due in March? Or is that home insurance?”

Improving your health

Life insurance prepares you for the unexpected and helps protect the people you love if something were to happen to you. When choosing life insurance, consider your family and work situation, life goals and your budget.

If you’re a smoker, your insurance premiums will be higher than a non-smoker. Now you may be thinking, well I just won’t tell my insurance provider that I smoke so I don’t pay as much. Wrong – don’t do this because if you hide it and it’s discovered you’ve been lying, your insurance could be rejected. On a positive note, if you need that extra reason to quit smoking, some insurance companies will consider you a non-smoker if you’ve been smoke-free for a year and will reduce your premiums. Not only will you be able to save on insurance, you’ll also be saving money due to no longer buying your cigarettes. Bonus, Smoker’s Helpline has a Quit to Win Contest where you can enter to win $500 cash if you quit smoking.

 

Whenever you’re purchasing insurance of any kind, be sure to do your research and shop around for the best rate. Always ask questions and inquire about any discounts your provider may offer.

Know of other discounts or incentives to save money on insurance? I’d love to hear them – share with me by using the comment section below.

Get The Quarter Back: Saving Money at a Stadium

It’s an exciting time for professional sports in Saskatchewan right now! The Riders home opener is kicking off on Canada Day, Saskatoon has two brand new sports franchises in the Rush and the Rattlers and the NHL is hosting the Heritage Classic at Mosaic Stadium in the fall. But be careful – not only can it be expensive to buy a ticket to the game, the game day atmosphere may have you whipping out your wallet a little more than you’d expect. Let’s get you set up with some spending hacks from a former sports marketer for how to save some green when cheering for the green and white or attending any other sporting event.


According to a CNBC article, Americans spend $56 billion USD on sporting events each year. For comparison, that’s more than double than what they spend on book purchases. We’re not immune to this fanatic spending north of the border, and in some instances, we go above and beyond. We just witnessed how ridiculously expensive seats can become during a playoff run when the Raptors entered the NBA Championships and seat prices in Toronto STARTED at $800 and topped out at $60,000! It’s just not fair that I could have given up my chocolate milk addiction for an entire year and I STILL wouldn’t have been able to afford a seat in the nosebleeds.

That’s a grandiose example, but you can easily rack up a pretty large bill at a local sporting event if you aren’t careful. Berkeley Data Science produced an in-depth report that breaks down the cost of attending a game (ticket, parking, hot dog and a beer) for every team in each of the four major professional leagues (MLB, NBA, NHL and NFL) and measures them against winning percentages, fan loyalty and in-game experience to give the best deals in professional sport. Here are the most expensive game day experiences around each league:

    • NFL – Dallas Cowboys ($199.20 USD)
    • NBA – New York Knicks ($176.38 USD)
    • NHL – Boston Bruins ($144.95 USD)
    • MLB – Chicago Cubs ($104.07 USD)

How does a CFL game day experience at Mosaic Stadium stack up? An average ticket to a Rider game would cost you $69 for a ticket in the bronze section (including ticketmaster fees), $25 for stadium approved parking and $16 for a beer and a hot dog (depending on the vendor). Granted, Mosaic Stadium is touted as one of the nicest outdoor facilities in Canada and a CFL game puts on one heck of a show, but $110 CAD on a relatively lean budget is a pretty penny!

I spent five years working in marketing for the Saskatchewan Roughriders and have seen first hand how deceptively expensive attending a professional sporting event can be. Here are some inside secrets from a former sports marketer and some tips on how to save money at a stadium:

BUYING TICKETS FOR THE GAME:


Choose your game wisely

Not all games are priced equally. If you are wanting to just check out a casual game and don’t really care about the opponent or the importance of the match – don’t go to the big game. There is a trend in ticketing right now called “Dynamic Pricing” where the cost of a ticket is variable based on the demand (airlines use a similar pricing strategy). Essentially, an algorithm increases or decreases the price based on how quickly the game is selling out. To put this in perspective, I went to two Raptors games last year in Toronto that were only two days apart and sat in the exact same seats for both games. One game’s seats were $71 and the other was $131. The ONLY difference was that the first night the Raptors played the Minnesota Timberwolves (a team fighting to even make the playoffs) and the second night hosted the Golden State Warriors (the reigning NBA champions at the time). The Riders don’t use dynamic pricing – but they do charge more for “premium games” like Labour Day or when the rival Calgary Stampeders come to town.

PRO TIP: If all else fails, you can always purchase the cheapest ticket offered and roam around the stadium for the game. There are plenty of drink rails that offer great vantage points before you mosey on over to your new location.

Check out the re-sale market before you buy!

I once went to a garage sale and found a Super Nintendo being sold for $14 (I know, right!?). I snatched that sucker up in a heartbeat and walked away from that garage sale giddily feeling like I robbed the place. How does this relate? I would compare the re-sale market to that garage sale where you can find some tickets being sold at “What a STEAL!” prices. A lot of times, people post their tickets on the re-sale market in hopes of recovering some costs for a game they can’t attend (because Cousin Randy just HAD to get married on Labour Day). Buying tickets from StubHub or Kijiji is very risky due to fraud or double selling tickets. It really does happen – one day over a beer I will tell you a heartbreaking story that involved a Montreal Canadiens game, fake StubHub tickets, and a very heartbroken Mason.

What a lot of people don’t know is that Ticketmaster has their own verified re-sale network where you can sell tickets you originally purchased through Ticketmaster. You can even set your own prices which drives ticket prices down as sellers fight to undercut each other. Speaking from experience, I’ve been there when you scan your tickets at the gate and are turned away due to suspicious activity from third party re-sellers (again, Mason’s Misery in Montreal is a tale for another time) and I highly recommend purchasing through a verified re-seller to avoid that experience.

Tips for families

That same CNBC article estimates that it costs the average family of four approximately $500 to attend an NFL Football game. Yikes! There has to be a more affordable way to pack up the kids in the mini-van and get them to the stadium for their first game day, right? Sadly, there is no magical solution that will help you spend less than the college kid “having a little too much fun” in Pil Country, but there are ways to make it a little more manageable! Most stadiums have family pricing to help break down some barriers to get your family through the gates. The top sport franchises will even take a loss on family priced tickets in order to play the long-term game and build life-long fans. Before you buy, do some research to see if your team is having a “Family Day/Night” where they offer bundled discounts and bring in kid friendly entertainment each game. (In my last season with the Riders, we did a Family Day game where we brought in Paw Patrol mascots and kids lost their minds!) Finally, before you complete your purchase, sometimes it is worth calling the ticket office to see if they have any special family promotions to help knock down a few more dollars. If they can’t save you some money, sometimes they’ll throw in soft drink or popcorn vouchers for the inevitability of your kids wanting a snack immediately after kickoff.

Hit up friends who are season ticket holders

If you have friends who are season ticket holders, it’s worth asking them to let you know if they ever have a free ticket. They would have purchased their tickets at a volume discount and almost always purchase with one of their friends or family members. When one of them can’t make a game (probably for Cousin Randy’s second marriage. He never learns.), they’ll be looking to avoid the inconvenience of finding a suitor for their ticket and will pawn off it off to you. Best case scenario, they’ll give it to you for free or at the very least (providing you aren’t friends with a tycoon) will give it to you at cost – which will be below the price of a single game due to the volume discount AND you’ll avoid Ticketmaster & facility fees.

PRE-GAME:


Public transit & stadium shuttles are your friend

We’ve all been there where you’ve missed kick-off because you had to circle the surrounding area of the stadium for an hour trying to find a parking spot, only having to park 16 blocks away in an abandoned lot where they still charged you $15. Not only does it cost you money, but likely 10 years off your life. What if I told you there was a way to save on parking, gas, food AND you could be dropped off at the doors of the stadium?  If you are a local to the city, any professional sports team will have public transportation shuttles that will transport you back and forth from various access points around the city FOR FREE. If you can bear listening to the drunk guy beside you screaming Sweet Caroline – it’s worth it. Outside of the city? There are options, too! The Riders offer the “Rider Express” which are transportation shuttles from Saskatoon for only $50. That’s cheaper than a tank of gas and gives everyone in your squad the freedom to enjoy a couple of adult beverages without the pressure of someone having to be the designated driver.

Seek out game day food & shuttle packages

Sometimes restaurants/pubs within or just outside of the city will source their own shuttle service and package it with a meal. For them – it gets you in their doors before and after the game. For you – it’s a cheap way to save money on meals so you aren’t spending a ton of money on food at the stadium and you also don’t need to worry about the hassle of traffic and parking. It’s a win for everyone involved! For example, Broncos Pub and Grill in Pilot Butte charges $30 for a shuttle to the game, a burger, fries and a draft beer! If you were to pay for that at the stadium while paying for parking – it would cost more than double!

AT THE GAME: 


Tailgate! … or whatever we do in Canada

Once you get to the game, check out the pre-game festivities outside of the gates. Sponsors pay a lot of money to be able to set up shop in the tailgating areas and a lot of them will have give-aways or products to sample. Whether you are there to party with some friends or you showed up with your kids hoping to have them burn off some energy before the game – there’s something there for everyone and might save you some money on food and drink before prices skyrocket when you walk through the gates.

Beware of the dreaded impulse buys

When you get through the gates – you are going to be incredibly excited and there will be money grabs hitting you from all sides. On your left you’ll see the 50/50 stand, on your right you will encounter the merchandise store with the new game day special you’ll want to snatch off the shelves, and if you are like me, your first stop will be at the mini donuts cart. The atmosphere on game day can be incredibly exciting but if you are not careful, you’ll find yourself whipping out your wallet and blindly spending more than you can afford.

PRO TIP: Make a budget for the day before you leave your house while you are in a calmer, more rational mindset to look at your account and decide what you can realistically allocate to elevate your game day experience. This will make it much easier for your wallet to survive the cash grabs around the stadium that seemingly become irresistible once you drink the home team kool-aid. Make sure you stick to it, too! If you don’t trust yourself to not overspend at the game – take out cash that matches the amount you budgeted before the game. That way, when the cash runs out – you know when to stop spending. Trust me, it will save you from buying that celebratory round of shots after a touchdown that will not only save your money, but will also save yourself from a headache in the morning.

Study the prohibited/permitted items list

Every major sport team will have their Permitted & Prohibited items listed on their website. Review it beforehand and buy supplies in advance to avoid vendor markups and avoid wasted money when grumpy gate attendants confiscate your bottle of Orange Crush. For instance, every stadium allows you to bring in water bottles as long as they are clear and sealed. I highly recommend hitting up a Walmart and grabbing water bottles for you and your group. It may seem like you are only saving $2 per water bottle but if you are attending a number of games this season – this adds up fast!

PRO TIP: If you bring your supplies in a clear bag, you will save A TON of time at the gate and won’t have a security guard sifting through your purse.

Cheap end-of-game munchies

In sport, “crunch time” means the pivotal final moments that can decide the outcome of a game. In the last quarter or period of the match, your definition of “crunch time” could mean cheap snacks. If you aren’t really tied to the outcome of the game or the score is lopsided in one direction – walk around the concourse to see if any vendors are offering deals on food that they made too much of. If you can hold off your in-game snack attack until the end of the game, you can score some really great deals on food that vendors are trying to recoup some costs on before they throw it away.

Sport fans – there’s nothing more powerful than when we unite around our team and a common goal. Let’s band together and share some tips and tricks that you’ve learned about saving money at a stadium. Comment below with your wisdom and check out our other #MONEYTALK blogs to further help your financial well-being!

Yes, Couponing is Still a Thing!

Lady Gaga, Kristen Bell, Hilary Swank, Kourtney Kardashian and me. What do we all have in common? The love of a good deal through couponing! Couponing has come a long way from sitting around the Sunday paper with your grocery list and your scissors risking a paper cut, which is still a 100% legit option and something I do every so often. Now, you can find coupons for restaurants and services and experiences and tons of different options to get a great deal and try new things that fit your lifestyle.

Want to try new things and pay less? Here’s how you can keep up with the Joneses while paying like the Smiths!


Daily Deals – why pay more for something you’re going to do anyway?

Do you remember when Groupon first came out and then every day after there was another site launching that offered daily deals or group discounts? At the end of it, in Canada, 33 different sites had been launched. Of those, there are still 5 that are not only existing, but going strong! And why? Because people love a good deal! I’ll admit it, I sometimes forget about Groupon but then when I rediscover it, it’s a gold mine. This past year, I’ve gotten huge discounts on restaurants, massages, wrapped canvas prints, scent diffusers and much more. It was great, because I was already planning on paying for these things, but because of the deals I got, I was able to save money and do even more than I expected. Another great thing about these programs is that you can check them out online or just download the app, so you can find deals on the go.

Tip: Know what you want to buy friends and family, or yourself, as a gift? Planning a date night? Need to get a massage? Planning on spending money on anything? Check if there are any Daily Deals first as flash sales typically offer a higher discount since they are only offered for a limited time!

Trying New Things – it’s all the rage

Another great thing to use Daily Deals for is to find new experiences or things to do where you live or when you’re travelling. I recently went to Las Vegas, and because of Groupon, we saved money on shows, discovered new restaurants and spent a lot less than we thought we would. This meant we had some extra money for the outlets, where we used a coupon book, of course, to score even better deals. Using a Daily Deal is a great way for you to find out about events going on and get ideas for things to do when travelling to a new place, all for a discounted price!

Moving to a new place? Daily Deals can even help you meet people! When I moved to Australia, I didn’t know anyone. Fortunately, a few of the daily deal sites had group meet up events sponsored by local pubs. Not only did I get to check out a new place, I got to make a few friends too.

Supporting Local – discovering hidden gems in your backyard

Wherever you live, I’m sure you have some great, local businesses that you don’t even know about, or haven’t visited lately. When new businesses, or even those who’ve been around for a while, are looking to increase business and get their name out there, many will advertise on Daily Deals. Purchasing a deal will allow you to not only save some money, but maybe discover your new “favourite place”. Looking at Groupon today, you can find deals for spa services, rock chip repair, boot camps, tastings, oil changes, scavenger hunts and hundreds of others that are local to your community. Chances are good if you want to check something new out, or there’s something you have to do, like get an oil change, there’s a daily deal for you!

Here are some of my favourite daily deal sites:

Groupon https://www.groupon.com/

WagJag https://www.wagjag.com/

Living Social https://www.livingsocial.com/

Tip: It’s not a good deal if you wouldn’t normally spend money on it. I know first-hand how exciting it is to see a great sale and how tempting it can be to purchase it (just ask my very full closets) but if you’re just buying it because it’s a good deal, it’s not worth it. Although it’s possible to sign up for emails from these sites, and generally I would encourage it, you need to make sure that whatever you’re spending still fits into your budget.

To find out some great tips when entering into the world of extreme, or just every-so-often, couponing, check out this site!

Honey – can we coupon?

Sometimes finding the right coupon can be time consuming and tedious. A simple way to save money on things you are already shopping for is to download an extension for your browser that scours the internet for discount codes on products you are already looking at. For instance, an extension named Honey has saved me so much money when I’m online shopping on things like soccer cleats, headphones and even dog food by finding me coupon codes to apply at checkout.

There is no better feeling when shopping than getting to the checkout counter and the person at the till says “This is actually on sale for an additional 20% off!” This extension pretty much does the exact same thing for you!

Whether you’re looking for a gift, planning date night or looking to try something new, hopefully you’ve gotten some ideas how to find a great deal and save some money. Now we’d love to hear from you, what’s the best deal you’ve scored? Let us know in the comments below!

Welcome to Conexus #MONEYTALK

When it comes to finances, everyone is different – your wants and needs, goals and dreams – there is no one-size-fits-all model. That’s why we created Conexus #MONEYTALK, where we’ll be sharing expert advice, practical help and solutions on topics that matter most to you.


Money.

A small word yet one that plays a significant role in our everyday lives. It influences the way we act, how we feel and contributes to our overall well-being.

According to the Canadian Payroll Association 2017 Survey Results, 37% of Saskatchewan employees say they spend all or more than their net pay. Debt levels also continue to remain high, with 35% of working Canadians – 40% in Saskatchewan – saying they feel overwhelmed with the amount of debt they have. At Conexus, we understand money can be stressful at times but know you’re not alone.

When it comes to finances, everyone is different – your wants and needs, goals and dreams – there’s no one-size-fits-all model. That’s why we created Conexus #MONEYTALK, where we’ll be sharing expert advice, practical help and solutions on topics that matter most to you. Want to learn more about savings? Budgeting? Retirement? We’ll be tackling it all and more!

See something you like? Be sure to share with family and friends.

Have feedback on a blog or an idea for a future blog? Let us know by commenting below.

Unsure of where to start? Contact us today! We’d love to chat and help you achieve your financial best.

It takes courage to talk about money. We’re here to help! We can’t wait to start this #MONEYTALK journey with you.