August 1st (yesterday) was Emancipation Day, the day that slavery was abolished in the British Empire (in 1834). Today, is still the Unknown Holiday here in Ontario.
Most holidays have a name, “Labour Day”, “Thanksgiving”, etc.,etc., but not this holiday. This holiday has different names all over Ontario (in Quebec, they call it “the Monday after Construction Holiday”), so no one really gives this holiday the respect it deserves.
The holiday also takes place at the start of August, when a lot of people are already on vacation, so it kind of passes without getting noticed by some folk.
Given this isn’t a holiday in Quebec, it means usually a lot of folk from Ottawa go to Gatineau to do things.
The Unknown Holiday
Enjoy your “holiday” Ontarians (and others across Canada who give the holiday a name), but maybe we need to give this holiday a name? Here are some that I propose::
Given the Holiday spending season is upon us, I thought I’d help out with some great Holiday Ideas to make sure that you save money, so the Grinch isn’t waiting for you in January to foreclose on Whoville.
Convert to Judaism, a sudden religious change will throw off your family and save you from Christmas, however, you will still be on the hook for Chanukah so keep that one in mind (8 Crazy nights of Chanukah).
Regift, regift, regift, the importance of this at holiday time cannot be underestimated. Other folks have worked hard to thoughtfully buy you something, so you should repay their thoughtfulness by giving that thoughtful gift to someone else (and saving money).
Declare bankruptcy now, and beat the January rush. No one will expect you to buy them a gift if you are bankrupt (and you might make out like a bandit with gifts of cash), whether you actually declare bankruptcy is up to you (you could save money by simply stating you did it).
Abide by the Christmas Rules , if someone asks you what you are buying them for the Holidays, answer with, “That puts you on the naughty list” and then don’t give them a gift. The rules of the holiday are clear about who does and does not get gifts, and it helps save money.
Honest Mistake Option, on Christmas morning when everyone is handing around the gifts and such, and they turn to you and say, “Where are the gifts that you are giving”, put on your best act and say, “I FORGOT! OH MY GOD, I am SO SORRY!”. It is easier to beg forgiveness (as always).
Play Christmas Chicken, don’t buy gifts for people you don’t think you will see over the holidays, and if you do see them, carry an emergency gift card from a gas station that you can give them (beef jerky, a gift card, or maybe a window scraper).
Christmas Roulette, claim that you took all over your Christmas money, went to Vegas, and gambled it all on the Roulette Wheel (if you want you can say you put it on Black and it came up Green), and thus you have no money left for the holidays. Be very effusive about the things you would have bought folks had you won.
The Reason for the Season, stop worrying about the gifts that you are buying folks, and just do something nice for them that they need done (that they maybe can’t do themselves)? The idea of Christmas is not to bankrupt yourself and drive yourself crazy trying to find the last GI-Joe (with Kung Fu grip) (or that Hatchimal thing), I know I go to Church. You know what says “I love you” the most? You saying, “I love you!”, surprisingly.
Don’t I sound Grinchy? Send me a lump of coal by Paypal if you wish.
The long weekend in Canada that symbolizes the start of the summer! Enjoy your holiday Canada, and while you have the time off, here are a few of my favourite money posts to read while sitting on the dock at the cottage or on the deck in your back yard.
Fun Reads for the Long Weekend:
Most banks are closed today, but you do realize that you can get Free Banking, correct? Not just from PC Financial and Tangerine.
While you sit drinking a cold beer you might reflect on your bucket list, remember I have already written about the Financial Anti-Bucket List.
You mind might even wander about thinking a tattoo might spruce up your looks (not), so what does a Reputable Tattoo Parlor look like ?
Another year to look back on and to be thankful for all the wonderful things in our lives. Canadians complain a lot about many things (even umpiring in baseball games), but the countless blessings, good things, and such that we have far outweigh any negativity in our lives. Be thankful today, enjoy your family, friends and loved ones, and realize just how lucky we are as Canadians.
In Canada we enjoy many things, and here for your enjoyment is my ode to Personal Finance in Canada:
C is for the Cash, which of course is King A is Accounts which you should have opened (TFSA, RRSP, RESP, RDSP, etc.,) N is nervous which you should not be if you have a solid financial plan A is for Accountant like Blunt Bean Counter, which you should consult if things get complicated D is for Debt, the scourge of us all A is for Assets, the one thing we should all be accumulating (useful assets that is)