The Bleak Winter Days 2008
This time of the financial year for me is always dark, not just because days are so short here in Ottawa:
- My pay is lower due to CPP and EI coming back online, sucking money out of my paycheque.
- Christmas bill hangover (I’ll admit it, I am guilty)
- Planning for the new year and uncertainty about what goals there should be
This January, Funk happens every year in my financial outlook, but I also have to remember that if I have a good financial plan, I will be on the right track, and success becomes simply a matter of implementing the plan.
Markets are Down, Time to Buy? January 2008
I have no idea. All I can say is that I see many stocks dropping significantly in price, and I keep hearing analysts say, “Cash is King” (why can’t cash be the Queen?), but I have no idea whether we have “hit the bottom” yet for any stock. I watch, amazed, with my readers and wonder what the right strategy might be.
When Bloggers Meet
Another fascinating meeting of the N.C.F.B.A. last night, with many interesting subjects discussed. Please avail yourself of this group of bloggers and their research, and what they know about financial issues, you need to read.
Goal: Not Spending at work (Status)
So far, so good. I have spent a total of $6.87 at work over the past 7 days, including lunch on Friday. I still have not purchased a coffee at work either (so you might want to sell your Tim Horton's shares). I have noted very few extraneous withdrawals from my bank account for "walking around money as well". My goal is to get through January and then see where I stand.
You spent less than seven bucks in seven days… INCLUDING lunch on one day? What did you eat for lunch, a couple of grapes? Either dining out in Canada is a very reasonable enterprise which doesn’t lead to too much strain on the wallet, or you have some great restaurant options in your area. Oh, and thanks for the tip on Tim Horton’s impending doom… I fear your absence from the coffee lines gives us some insurance of a dip in TH’s stock prices.
Jerry
http://www.leads4insurance.com
You forgot to mention that the Rideau Canal is in a horrible situation which prevents us all from skating on one of the longest (if not the longest) outdoor skating (rink?) facility in the world while drinking spiked hot chocolate to leave our worries behind.
I feel for you.
As for your not spending at work goal, I’m in awe. I can’t pass a day without getting something. Keep it up, I might get inspired.
NIcolas