The Big Cajun Man received a Fitbit as a Christmas gift, a device that tracks physical exercise and heart rate. This prompted the idea of a “Financial Fitbit” that could monitor spending and financial activities in a similar way. The Financial Fitbit would have features such as:
Real-time spending tracking for all types of expenditures, including cash, credit cards, and debit transactions.
The ability to set spending limits for the day to prevent overspending.
Direct data downloads into popular financial tracking systems like Quicken or Mint.
The possibility of integrating these features into smartphones or touch payment capabilities, making them more accessible.
The author also considers the idea of competitive groups using the Financial Fitbit, similar to Fitbit’s activity tracking groups, but humorously suggests that it might lead to a competition of “Who is the cheapest?” among friends.
The predicted snowmagedon for New York didn’t really appear, however, Boston took it on the nose as did the Maritime provinces, Ottawa continues to be storm free (for now). Ottawa’s weather has been cold but lacking in precipitation, but we still have February and March to get through yet.
Can I have this one?
This week we heard about SmartSaver which looks like a good program to make sure that the folks who the CLB (Canada Learning Bond) was designed for, receive the money they deserve. I also got mentioned by Rob Carrick so lots of new eyes have been wandering across the site, let us hope a few of you have stayed around to continue visiting.
The Canadian Dollar is now below 80 cents US, and how this changes the economy remains to be seen. Imports will start getting more expensive (again), but will this help Canadian Manufacturing? It also means that there won’t be an NHL team in Quebec City for a good long time (this will hurt the Canadian NHL teams in terms of having to pay their payroll in US Funds, but earning their income in Canadian Funds).
It is also time to start thinking about your taxes, joy! You better start making a list of all the forms you will need to be able to file your return, and try to get it in as soon as possible (unless you owe money, but even then, you can file early and then only pay on the last day (on-line at your bank)).
Evidently there is a celebration of Owls this weekend, and a quest to find the one that is the most Superb? It’s called the Super Bowl? Oh, well that makes more sense then, good luck to both teams, and I hope they both lose (being a Giants fan).
My Writings for Week Ending January 30th
Something must be in the air, I wrote 5 articles this week? Haven’t done that for a good long while :
I tried another chapter of Good Money Tweets, but only published it Sunday, I’ll see what I do this weekend
The very nice folks at TurboTax want you to use their product to do your taxes, and have give me a few copies to give away and thus I wrote Tax Time! TurboTax Giveaway
Robb Engen from over at Boomer and Echo sent me over an interesting e-mail for a new concept backed by most major banks (and credit unions) in Canada to help children of lower-income Canadians take… Read More »Smartsaver.org RESP: Helping Lower Income Families
As I assumed the inflation numbers for the December 2014 have gone completely squirrelyâ„¢ (my new term for numbers manipulated to create a false sense of security) thanks to plummeting gas prices
