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MoneySense magazine Canadian Business magazine PROFIT magazine


Spending


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  • Virgin Mobile disappoints yet again

    As occasional users of cell phones, we subscribe to Virgin Mobile’s pay-as-you-go service. When I signed up initially, a $25 top-up lasted 120 days (i.e. the amount of time you have to top up to prevent your unused credit from expiring) but about two years back, Virgin Mobile reduced the expiry across the board and [...]

  • Running after the Joneses

    Sometime back, I wrote how the urge to keep up with our friends and neighbours drives our spending habits. In a humorous column in The Financial Post (available here), author Neil Steinberg writes: Call it envy. Call it competitiveness. Call it a desire to meet community standards. But the need to keep up with the [...]

  • Is a Costco membership worth it?

    Yesterday’s post elicited a comment from a reader who wondered if it’s worth joining Costco because their prices aren’t always the cheapest and they offer a limited selection of merchandise. We have been Costco members for more than 10 years now and looking into Microsoft Money reports, we have spent more than two-and-a-half times at [...]

  • The High Cost of Eating Out?

    Yesterday’s Globe and Mail carried a column titled “As food costs skyrocket, the restaurant generation pays a hefty tab”, which wonders how we can afford to eat out so much: We are the restaurant generation. Many of us have raised our kids to think that eating out in restaurants is no big deal, something you [...]

  • Survey of Household Spending

    Statistics Canada released the 2006 Survey of Household Spending last week. The survey found that Canadian households spent an average of $67,736, up 1.3% from the previous year’s average spending of $66,860. Household spending slowed down somewhat in 2006 after growing at a brisk pace in past years (4.5% in 2002, 1.8% in 2003, 4.0% [...]

  • Holiday Gift Guides

    With only eighteen days left to get all your Christmas shopping done, I figured I’ll do a fun post on some more gift ideas: GPS Navigators are dropping in price and you can find one with a small 3.5″ screen for under $200 these days. We don’t have one because with young kids, we don’t [...]

  • Bargain Shopping for Books

    Tyler, the blogger behind Award Tour, mentioned in a comment on yesterday’s post that books are about 20% cheaper in the US compared to Canada. To compare book prices, I checked up on the prices of an unscientific sample of best sellers and popular finance books on Amazon’s Canadian and US websites. Here are the [...]

  • Bargain Hunting Across the Border

    With the Canadian dollar reaching parity, the lead story in Sunday’s Ottawa Citizen is that many Canadians are crossing the border in search of discounts in clothing, books and electronics. One couple featured in the story mentioned that they spent $120 and estimated that they saved $60 by shopping at Target. It is questionable how [...]

  • Money Tip: Buy Used on Kijiji

    Kijiji is a free local classified site that you can use to buy or sell almost any used item you can think of. Posting a sell ad is really easy: you select the category to list your item, enter a title, how much you are asking for the item, a short description and your email [...]

  • Car Shopping in the United States

    CBC is reporting that many Canadians are saving thousands of dollars by shopping for cars and trucks in the United States. It is not surprising given that our dollar has crossed 95 cents (US) and a wide disparity exists between prices on some models. For example, Toyota Sienna XLE Limited has a suggested retail price [...]