Finance Tip Of The Bi-Week – May 24, 2018

Insurance is an important thing. Once you buy a house or have people dependant upon you, it might not be a bad idea to go out looking for insurance. There are different types of insurance.

Here are just some of them:

  • Life Insurance (For if you die),
  • Short Term Disability (In case you get disabled for a short period of time),
  • Long Term Disability (The name is self explanatory)
  • Mortgage Insurance (To pay off your mortgage in case of death)

Just don’t get too much or else you may have to sleep with one eye open if you live with the beneficiary.

Finance Tip Of The Bi-Week – May 10, 2018

Old light fixtures and bad toilets can cost a lot of money.  When you start paying your own utilities you start to realize how much a leaky toilet can cost. When my wife and I bought our house we changed one of our toilets a year or so after buying the house.  Our water bill went down $40.  $40 a month is $480 a year.  $480 in your pocket is a lot better than $480 literally down the drain.

 At my office I am currently changing my lighting to LEDs.  This will cut my hydro bill down 30-40%.  That could be about $400-$600 a year. The new lights may cost me very little between negotiating with my landlords and applying for government hydro rebates.  $400 in my pocket is a lot better than $400.00 being wasted on bad light bulbs.  Plus the light looks better since they are brighter.  I’ll be able to see myself better in the mirror now.

Oooh.  Maybe that’s a bad thing.

 

Filing Cabinets for Sale

I have some filing cabinets for sale.   They are grey 4 drawer letter sized filing cabinets.  I am asking $65.00 per cabinet without keys and $80.00 for the two cabinets I have with keys.  They cost $250.00 brand new so they are a pretty good deal.  Here is a picture of one of them.

Grey Filing Cabinet

Grey Filing Cabinet

 

In All Toil There is Profit

“In all toil there is profit, but mere talk tends only to poverty.” – King Solomon
Proverbs 14:23

The ancient King Solomon was a pretty smart guy.  Since I was young I always realized that consistent hard work has always produced the best results in my life. I have a tendency to like to try new things and talk about different possibilities to either make money or grow a business, but often it ends up as just talk.  At some point a plan needs some toil to get it to work.  Talk is fun, but toil pays the bills.