Coming Back and New Goals

I have missed the blogging community greatly. I felt like I was part of something, and then I was missing out on the friendship and sharing. But it had to be done. I had so much to say, but I was under wraps for awhile (self-imposed). I know me. I have trouble keeping my mouth shut, lol. But now, I can talk a little more freely about what has been happening.

The big news is that the company I work for has opened an office location right here in London. I'm still working part-time hours, and if all goes well, I should be out from under my probationary period in the next week or so. This will enable me to serve my client families more efficiently.

My goals for working with this company are to become a full-time employee, to gain status as a managing director, and eventually be able to 'buy-in' as silent ( Ha- who am I kidding? I'm never silent!) partner for this location.

In anticipation of major changes ahead in the next few years, I'm forging forward with personal and financial goals also.

Toward the beginning of the year, I opened yet another RRSP account at my bank. I put a small deposit in, and left it be. No further deposits to date. After thinking about it for a time, I realised that I could use this account as my 'Home Down payment Fund'. Using  the Home Buyers Plan, I can 'borrow' my own money from my RRSP, up to $25,000 toward the purchase of a home. Meanwhile, any deposits I make will count toward my RRSP contributions for that year, giving me a small break on the amount of tax I will owe.

Still with me this far? Good.

I will still have to 'pay that money back', but since it's mine, there won't be any outrageous interest fees associated with it (at least none that I am aware of). Just a repayment schedule that the government defines.

So off to the bank I went, and signed a paper to say that they could take $25 per pay out of my chequing and put into the 'House RRSP Fund'. I know it will take me a hundred years or so to save up a down payment at that rate, but it's a starting point, ya know?

Seeing as I've hit the big 4-0, I've been thinking lots and lots about where my life is headed, where I am right now, and where I want to be in the future. I want to have a home of our very own, however modest it may be. I want to have money in the bank should the day ever come that I want to semi-retire. (I'm pretty sure if I ever fully retire, it will be due to health reasons only.) I'm putting away money to help partially pay for my kids post-secondary educations. Our debt is almost gone...Can you say U-RAH to that!!!! We've finally gotten that consumer debt monster down to something manageable.

On the other side of the coin, it looks like we will be shopping for a newer vehicle this year. Well, we have been looking for awhile, and I have absolutely nothing saved up for a new van, but we will need to replace it I think. A van is vital to my employment, so hopefully we can get a good deal on a 1 or 2 year old used one. I'm hoping for a Dodge Grand Caravan with Stow-N-Go seating, but we will see. I will not be taking out another 7 year long, $28,000 car loan, that's for sure.

One of these days, I will get around to updating my reading list. I've read a ton of books over the last little while, which has certainly helped my keep my shopping habit under control. Speaking of shopping, I'm working at the couponing again to keep our grocery costs down with budget limits. I think this is the first May in the last 5 years that we have stuff in the pantry, cupboards and freezer and I don't feel like an unfit parent. I'm anticipating what we will need over a given period and stocking up (not extreme couponer style) some of the things that we regularly use when its on sale.
I'm feeling good about life these days. I hope it lasts.

What are you feeling good about today?

I'm Still Here

I haven't been posting very much lately, but I wanted to let you all know I'm still here and doing OK. It's been a bit of an adjustment the past couple of weeks 'going to work' everyday. Then Cub got sick. Nothing major, but he needed his Mommy. Then Hubby was 'on vacation' from his regular job for a week. I loved having him around everyday,and in a much better mood too! It reminds me why I work so hard, and so many hours - so I can earn enough money that he can give up the job from that horrible place. Next week, I have DD2 home for March Break all week, and Cub will be home Thursday & Friday. Next Saturday is Cub's 4th birthday and we're going out for lunch.

I really struggled with the 'budget' for the new paycheque. I figured out how much I am getting paid every two weeks ($686.73) and how to break that down for the four piles of money. Every other week, I will be putting $70 into the Emergency Fund, $ 68.75 into Planned Spending/LTS, which leaves me $547.98 for Cash Flow. Out of the CF, $ 482.85 will go to pay rent which will leave me with a whopping $ 65 for everything else - groceries, fuel, bills, etc.

I have to be honest - this very first paycheque, I treated myself. I went clothes shopping. After I set aside all the amounts that I have to set aside, I went to Talize for some work shirts. Being the size that I am, most women's clothes don't really fit right, so I headed for the men's section. I bought 6 short sleeved shirts (collars and buttons down the front), 1 vest, and 1 long sleeved shirt. I also bought 2 work out videos on VHS and a CD for Hubby. I paid a total of $34.23 for all of it. Oh, how I love thrift stores! We also went to an outlet store this week to see if I could find a new suit for me. Well, I found 2 that fit reasonably well (the pants will have to be hemmed though) and looked decent. That store was having a 'sales event' so I paid $144.47 for two matching suit jackets and pants. Ouch! I don't regret it though, as the suits will likely last me for at least 3 years.

My stock up item for the week was bodywash. I hate running out of bodywash and I so dislike using soap. We typically only use Ivory Bodywash, because it doesn't leave a flowery scent on your skin which is important to Hubby because of his allergy to bee stings. Flowery scented stuff tends to attract bees, and he could very well die if he's stung a couple of times. I would rather not take the risk. I haven't seen that brand of bodywash on sale for a good price in a long time, so when I saw it itn the No Frills flyer for $2.99 for the 705 mL bottle, I knew I'd be buying several. I was going to buy 12 of them, but seeing as there was only 12 on the shelf, I only took 8. I don't want to be the 'shelf clearing' kind of buyer. I also managed to snag a good 'sale' on Pull-Ups this week for Cub. ( Good lord, isn't that kid potty-trained already?!) I had an email coupon from Shopper's for $10 off the purchase of $50 or more, and the larger packs of Pull-Ups were marked down from $27.99 to $19.99. I bought 3 ( after going to the 3rd store to find them), used my coupon and paid only $52.97. One of the stores that didn't have any on the shelves gave me a raincheck for two packs. The raincheck is good for 30 days, so its like extending the sale for me. :)

I'm hoping to get the paperwork together to file our taxes this week. I still have lots to do in that department, but with only DD2 home this week, I should be able to take a big chunk out of the preparatory work. Cross your fingers for me!

Today's agenda includes grocery shopping, laundry, making bread, and cleaning the kitchen. I don't know how much of that will get done, but I'm going to give it the old college try.

Enjoy your weekend everyone, and don't forget, clocks go forward one hour on Sunday.

Shopping and Dinner

I went shopping yesterday.

I had read all the flyers and made a careful list. I need to stretch every dollar I possibly can right now. I wish the budget wasn't so darn tight but it is what it is.

I got Palmolive Dish soap, 1.1L for $1.73 at Canadian Tire yesterday. I bought 4 of them. I love stocking up on things when I find a great deal. I also picked up some Christmas wrap that was on sale, and a few stocking stuffers there. Who would have thought that CT would have good prices on seasonal candy?

Next stop, No Frills. They are having another one of their $1, $2, $3 sales and some of the deals were hard to pass up. While there, I realized that lean ground beef was on sale as well, so I bought two of the family sized packs. I used one for dinner, and split the other one up for the freezer.

When I got home after picking up the kidlets, I put stuff away, and packed up two reusable grocery bags of foodstuffs for DD1's house. She has recently gone back to work full-time after mat leave, and they are struggling once again. Her BF is having trouble finding and staying employed, so they have opted for him to stay home and look after grandcub while DD1 works to provide for their little family. They have exhausted all of their resources, and are grateful for any help in the next month while they are adjusting to the new schedule.

I wish I could have run to the bank, and taken out money for them to survive, but I can't. I want to fix the problem for them, but I can't do that either. But I realized that having stocked up on all the sales I can, I am able to help them with pantry items that I have. Baby wipes, t.p., soups, jam and bread from the freezer, peanut butter, sugar, cereal, rice mixes, all gleaned from our cupboards. It made me feel better and they were very grateful for the help.

Anyway, for dinner I made homemade burgers, with all the fixings. Mine ended up being a mushroom bacon cheeseburger. With fries, pickles and olives on the side. :) For dinner we had 3 adults, 2 tweenagers (DD2's fave girl cousin of the same age is here for the weekend), 1 toddler, and a 10 month old. All fed and happy on under  $20 worth of groceries bought on sale over time.
I. Love. That.

I am still making (knitting) gifts for my family to reduce costs. This is likely going to be our most frugal holidays ever. But it will be ok. Everyone knows that we are struggling financially, and are not so worried about stuff. We watched "The Grinch That Stole Christmas" after dinner, and it led to a discussion about 'Christmas not coming from a store'. That it was about being together with the ones you love, and who love you. The tweens seemed to 'get' it, and that's all I can hope for.

Happy Friday

" Even if you are on the right track, you'll get run over if you just sit there." - Will Rogers

There has been lots going on in my head, and with me in general.

I cleaned out the freezers and took some time to do some stocking up on items that we will use for the next few months. Here are my purchases over the last couple of days:

1x Sirloin Tip Roast, $ 11.66
1x Package Ground Beef, $11.06
8x 1 lb Unsalted Butter, $23.04
2x McCain Frozen Cream Pies, $2.58
1x 10 lb bag potatoes, $1.88
3x 1L Oasis 100% juice, $2.97
3x Pillsbury Apple Turnovers, $6.00
8x Dr. Oetker Frozen Pizzas, $24.00
4x Knorr Rice/Pasta Mixes, 4.00
1 each chicken & beef bullion cubes, $3.00
3x Glad Cling Wrap, $3.00
3x Oatmeal Crisp Triple Berry Cereal, $9.00
2x Pillsbury Crescent Rolls, $3.74
2 lb bag Macintosh Apples, $2.00
3x 90-100 count bagged frozen cooked shrimp, $9.00


There was a lot more, but I don't want to bore you with the details. However, I'm not done with the shopping just yet.

Tomorrow and Sunday, Shopper's Drug Mart is having a 'Spend Your Points Event' , where you get additional dollar amounts in free purchase if you redeem your points over 50,000.
I've combined their sales items from the flyer, along with redeeming 50,000 of my accumulated points. If I've done my math correctly, I will get $100.99 (before taxes) of products for $14.12.
I like to think of it as my version of Extreme Couponing, without the actual coupons, lol!

Products purchased will be:
4 x 2kg bags of sugar @ $1.99 each
4 x Life Brand 2-roll paper towels @ $0.49 each
4 x 24 roll Royale Toilet Tissue @ $5.99 each
2 x Oral B Children's Toothpaste @ $1.88 each
2 x Herbal Essences hair care @ 2/$5.00 each
4 x Vim Cream Cleanser @ $0.99 each
1 x Aleve Tablets @ 9.99
1 x 4 pk Tic Tacs @ $3.49
1 x 320 count Pampers Baby Wipes @ $9.99
2 x Sunsilk shampoo (with free 355 ml conditioner) @ 3.99 each
2 x Balea 2-in-1 Kids Shampoo/Bodywash @ 3.99 each
1 x Trident gum, 4 pack $2.99
2 x Pringles Chips @ 1.99 each

This will give me a head start on some of the stocking stuffers that I typically buy for Christmas, along with a few things to stock up on.

I'm hoping that this weeks shopping excursions will help to lower our costs overall for grocery spending and planned holiday spending.

Have you been shopping this week?

Points On Purpose

Gail on Reward Program savings ( from Moneysense.ca article):
Don’t forget the next important step: For every dollar you save by using your points, open up a “points savings” account and deposit the money. Now each time you use your points for anything—groceries, gas, travel, whatever—deposit the equivalent amount in real dollars into this savings account. Now you’re really saving with those points!

This is something that has been on my mind the last couple of weeks.

We have 2 Petro Points cards with the points going to one account. I never though much about the points until the other day. We had enough points to get not one but two Fuel Savings cards. By cashing in 15,000 points, we are entitled to save 5 cents per litre of fuel purchased, to a maximum of 200 litres. Times 2, that's 400 litres of fuel savings. (5 cents X 400 litres = $20)
When we've used all 400 litres of fuel savings, I will be making an additional $20 to my RRSP account.

We also have a Shopper's Optimum account, again with 2 cards. I usually wait until around the holidays to make use of those points. With some good luck with timing, if I hit a sale on staples like sugar, flour, etc., I can stock up for free, lol! I'm no extreme couponer, but I do love me some points cards. The next time I cash those out, it should be around the $60 mark, so I can drop $60 into our Car Fund. :)

The other 'savings points' program that I use is PC points. I have cashed out 20,000 points before for $20 worth of free groceries. I bank with PC Financial, so I deposit the grocery amount to the account, and pay with debit. I get points for spending amounts and extra points for bringing my own bags to the store. I won't likely have enough to cash out again on this one for awhile, but when I do, I will be sure to transfer $20 over to one of our long-term savings accounts.

How about you? Do you really save the money you 'saved' with your points programs, or does it just get funnelled back into your spending?

Strawberry Freezer Jam

I was totally inspired by Kristen over at The Frugal Girl with her post on homemade freezer jam.

The last couple of years, as I have been learning to make things from scratch, I have made a few things that were a bit out of the standard for me. Two years ago, I made Blueberry Freezer Jam. It was good, but it wasn't quite as wonderful as I thought it would be. This year I decided to try Strawberry Freezer Jam.

After school today, I headed to the thriving metropolis of Lambeth. Well, just to the west of Lambeth, to Millar Berry Farms to get the kidlets to help me pick some strawberries. I was saddened to learn that the Pick-Your-Own fruit isn't ready yet, but they did have plenty of ripe delicious berries for sale.

I bought two, 3L baskets of 'imperfect' fruit for $3.00 each, and a six pack of pints for $23.00. We also bought fresh asparagus that was cut less than an hour before we showed up, and some rhubarb stalks.

Stopping at the TSC store on the way back to London (the east side of Lambeth), I bought a case of 12, 500mL canning jars, perfect for jam. I also picked up some liquid pectin. Total: $20.00.

I ended up with 9-500mL jars and 4-8 oz. jars of strawberry freezer jam. I also quartered some berries and bagged them for the freezer, and had some leftovers to slice to add to some vanilla ice cream for dessert.

I figure the total cost of making the jams/bags came to about $53.36.
If I were to purchase the same amounts of commercial jam, bags of frozen berries, and sliced berries, it would have set me back about $62.83.

I still have 3 jars left to fill with something though. I wonder when the raspberries will be ready?

How I Keep Our Grocery Costs in Check

Ok, so it's definitely not scientific by any means, but it works for us. Which means it's likely to work for others as well. Or some variation of it anyway.

The first thing I needed to do was develop a price book.  Click here to learn more about the hows and whys of price books. I used a spiral bound notebook and wrote down the sale items each week from fliers of each of the major stores. I also tracked the prices of items that we purchase on a weekly basis. Each product was labelled by name, size, price, and unit price.

Unit price is a way of determining cost per unit of product ie. per toilet paper sheet, or per diaper. Example: a box of 80 diapers is $29.99. Divide total cost by number of units = unit price.

$29.99 / 80 = app. 37 cents per diaper.

Using the calculator on my cell phone, I can calculate the unit price on a product right in the store. After several months of watching prices, you will see some recurring sale items, and some patterns in the pricing of those items. You may notice that typical baking items (sugar, flour, etc.) will go on sale every 6-8 weeks or so. Or that a certain brand of coffee will only go on sale every 6 months. Having a price book will help you to anticipate when products are more likely to go on sale so that you can purchase enough of a particular item just until it goes on sale again.

Knowing what things your family typically eats and how to reduce costs on those items is important. For example, we eat kidney beans in several of our favourite dishes. Reducing the cost for that item proved to easier for us by switching from cans of beans in liquid to buying dried kidney beans at the bulk store. When I need them for a recipe, I soak a cup of beans in water overnight, and gently boil them until tender before including them in my recipe. I purchase bulk spices and mix them together at home for chili seasoning, seasoned salt, Italian seasoning, and taco mix.

I keep a running list on the door of the fridge of items that are almost gone, like body wash, or dish soap. When a sale comes along that I can get a great price on those items, I buy 6 of that particular item. I consult my price book to see what the item sold for the cheapest in the past 6 months. If it is the same, or less than that price, then I buy. You may find that 6 of a given item is too much or not enough for your household, but as you work through it, you will figure out how much of anything you really need to have on hand.

Another tactic we use to keep our items from running out is to simply use less. Every time I'm in the shower, I reduce the amount of shampoo that I squeeze from the bottle into my hand. I note mentally the size of the dollop in my hand, so that I know how much to use (the size of a dime instead of the size of a quarter). Too often, most people use way more of a product than is actually needed to produce the required results.

Menu plans have their place in achieving your financial goals as do making things from scratch. If bread or rolls are something that your family eats frequently, learn to make them yourself. The cost of the ingredients and your time are typically less than of commercial bread products. Make your own stock from chicken carcasses, meat bones, or from vegetable scraps.  

I don't have the privilege of having a backyard, so I am unable to grow our own produce. If I did, I'm sure I would be growing our own tomatoes and peppers at the very least. If you've never had a vegetable garden before, try growing one thing that your family will eat, like potatoes or onions. These are virtually goof-proof to grow.

These are most of the things I do to keep our home well stocked with the things we eat, and the things we use regularly. Feel free to add comments with your own methods. :)