Friday, August 30, 2013

It's okay to splurge once in a while!

We've heard so much in the news lately about how Canadians need to put the brakes on their personal spending and the government has been cautioning us to slow down for quite some time. But, this article is a breath of fresh air! It's a good reminder that saving is important (very important), but that it's also okay to enjoy the fruits of our labour and splurge once in a while. A $270 dinner is a bit steep but sounds like it was a once in a lifetime experience. Life is all about striking a balance and when finances are involved; my motto is to save responsibly but to also allow myself to enjoy the good things in life.
Article: My $270 dinner in a summer of financial restraint

Have a safe and happy long weekend!

Friday, August 16, 2013

Alberta government to shy away from mandatory flood warning on land titles

The Alberta government is backing away from a plan to put warnings on land titles for properties in flood-risk zones. I am curious to see if any banks/mortgage lenders will entertain future mortgage loans on homes in the flood zones considering the title will still have a notice explaining that the homeowners received government assistance for disaster relief. In my experience, as soon as mortgage lender finds out anything potentially detrimental to a property they usually shy away from lending on it. This could make it very difficult for homeowners in the flood zones to sell their properties. Read the full story here.

Thursday, August 8, 2013

Thursday, August 1, 2013

Canada's homes are getting smaller, in everywhere but Alberta

Sounds like houses are actually getting smaller these days, in everywhere but Alberta! In Alberta we have a plethora of choice when it comes to housing. We have great condos if you're one for living smaller as well as fairly reasonably priced single family dwellings if space is your thing.

I, personally, prefer a smaller space for myself. Living in a small space affords me more time to do things I want to do (like hanging out in our amazing river valley) instead of spending too much time cleaning and maintaining my home. But, if you have a family I can definitely understand the need for more space. The great thing about living in Edmonton is you really can have whatever lifestyle you want in the type of home you choose! Small, big...urban or suburban. It's all here.