Common theme that has been mentioned is so simple but also so very true.
Either increase your income or decrease your expenses. And the best way to figure out where you stand is by having a budget of some kind.
I agree with those saying once you do that it becomes kinda fun and sort of addictive. But most importantly, will be the key to relieving the constant anxiety and stress about finances.
Also, I try to talk with my 14 year old son all the time about money and finances. I'm pretty transparent with him about our bills and how I budget as I know I didn't learn anything about money as a kid. It's like society doesn't want kids to be able to understand money and that just sets them up for a struggle.
By having a budget, when all this crazy inflation hit it was a bit easier to cut the 'low hanging fruit' like movies, fast food, Flames games, etc.
Having said all that. Life is less fun these days. I enjoy doing all that extra stuff, but I guess I enjoy basic food and shelter more. Hard to argue that the standard of living in Canada hasn't gotten worse lately. And as a single parent, with a single income AND child support, I can't expect to have all the finest things in life. The day I no longer have to pay support is going to feel almost like winning the lottery, seems sad to say that out loud lol.
It does seem like multi-generational living will become more the norm too. My parents and I have been discussing selling our homes and buying something together. They're about to retire so it does make some sense, would help on both sides.
My question is how do things improve for us all? I dont see how this gets any better any time soon.
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