It's Your Money - Expense Calculator - Money Management Help

By
Real Estate Sales Representative with RE/MAX All-Stars Realty Inc. Brokerage

It's Your Money - Expense Calculator - Money Management Help

With today's debit and credit cards it's very easy to buy anything from a coffee at Tim's to a spontaneous purchase at a high end boutique, even groceries at the corner grocery. Some folks make these purchases with out a second thought as to how much they are spending because it is so easy.

It can be a real eye opener when we sit down and check how much we spend on the simplest things that we could just as easily live without.

Industry Canada has some wonderful Consumer Resources to help you manage and protect your financial well being.

One resource is an expense calculator that helps you calculate just how much you are spending on everyday items.

 

Chai Tea $1,548.00 per annum

$2.00 x 3per day - $30.00 x 4.3weeks per month - $129 x12months

It is suprising how fast a few small items can add up over a year for example simply buying 3 extra Lg Chi Teas 5 days a week At Tims would cost $1548 per year.

Four items alone could cost $12,000 plus annually. That could buy you groceries for a year for at least two people

 It's Your Money - Expense Calculator - Money Management Help

 

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"Find Your Dream Home --- With Out Leaving Home"™

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Search for your dream home in the Durham Region Communities of Uxbridge, Scugog/Port Perry and Brock or the York Region Communities of Georgina,  Whitchurch Stouffville including the Ballantrae/Musslemans Lake area, Mt Albert, Markham/Unionville and other communities around the Greater Toronto Area and throughout Ontario. Moving to or from Uxbridge we have you covered with a powerful search engine that will assist you in your Dream Home Search.

Kathy Clulow  Sales Representative RE/MAX All-Stars Realty Inc..  Brokerage 905.852.6143
Each office independently owned and operated  Not intended to solicit clients already under contract

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Rainmaker
1,391,963
Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Short Sale - CDPE, REDS

I had a professor in college who said that if you want to have some insight into your own value system....look at your checkbook....too true.

Apr 08, 2012 11:38 PM #1
Rainmaker
1,867,761
Gabe Sanders
the BlueWater Realty team specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

That's a great thing to do Kathy. And looking at the example above, I guess I'm not buying coffee or eating out very much.  :-)

Apr 09, 2012 03:11 AM #2
Rainmaker
569,415
Chris Smith
Re/Max Chay Realty Inc., Brokerage - New Tecumseth, ON
South Simcoe, Caledon, King, Orangeville Real Esta

I know it is not fashionable, Kathy, but, more often than not, I "brown bag" my lunch.  I eat "better" and save money.

Apr 09, 2012 05:20 AM #3
Rainmaker
956,678
Kathy Clulow
RE/MAX All-Stars Realty Inc. Brokerage - Uxbridge, ON
CNE - ASP - SRES .... Uxbridge Ontario Real Estate

Sally and David  - how true ..... our generation still uses checkbooks but they are disappearing I wonder how much of a factor that is, how much is it affecting todays value systems

Apr 09, 2012 06:44 AM #4
Rainmaker
956,678
Kathy Clulow
RE/MAX All-Stars Realty Inc. Brokerage - Uxbridge, ON
CNE - ASP - SRES .... Uxbridge Ontario Real Estate

Gabe - for some that is just the tip of the iceberg ..... what about those who smoke or drink and the cost of cigarettes and alcohol

Apr 09, 2012 06:47 AM #5
Ambassador
1,281,693
Toni Weidman
Re/Max Sunset Realty - Trinity, FL
23 Years Selling Homes in New Port Richey, FL

Kathy - good information! I think if everyone stopped to add up those lattes they would be in shock!

Apr 09, 2012 06:51 AM #6
Rainmaker
956,678
Kathy Clulow
RE/MAX All-Stars Realty Inc. Brokerage - Uxbridge, ON
CNE - ASP - SRES .... Uxbridge Ontario Real Estate

Chris - sometimes I wish my car had a mini fridge ..... I always carry water and fruit, veggies or some sort of nibble food ..... we have to have something with us as we often do not get the opportunity to get home for dinner. There are often days in a row where the only meal I eat at home is breakfast

Apr 09, 2012 06:52 AM #7
Rainmaker
956,678
Kathy Clulow
RE/MAX All-Stars Realty Inc. Brokerage - Uxbridge, ON
CNE - ASP - SRES .... Uxbridge Ontario Real Estate

Toni - indeed I suspect there are many who  could afford to live in the house of their dreams if they managed their discretionary spending

Apr 09, 2012 06:54 AM #8
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Rainmaker
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Kathy Clulow

CNE - ASP - SRES .... Uxbridge Ontario Real Estate
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