Link Love: Powered by Some Changes

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Hello, everyone. 

I haven’t blogged in a while and WordPress.com has changed their dashboard!  Does anyone know how do I copy an existing post?  I loved that feature!!!

There have been a few changes in my life, and I am really excited to share with you the great news!

  • I’m going to be spending my next three weeks in Europe
  • I will be starting a new job when I get back from my trip
  • I will starting my housing search and moving into the city (finally!)

As you know, I’ve been feeling very uncertain about my future lately.  And I haven’t got it all figured out.  Far from it, in fact.  But I think I needed a bit of a change, and I think this is a great start.  I’m really excited.

I hope to only take a carry on with my on this trip, and hope to post something up before I leave showing you guys what I plan to bring.   I’m not the lightest packer in the world, but I like to travel and focus on enjoying my destination. 

There have a been so many great blog posts out there, I’m not really sure where to begin!

A new blog I discovered is Elle and Ish written by Janelle!  Check her out, she is a 20-something who owns her own condominium, has an adorable puppy, and does really amazing nail art!

How is everyone doing?  Are there any changes in your life you’d like to share?

Cheers,

Fru-girl

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Confession: At a Crossroad

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I have been pretty fortunate for most of my life.  I grew up in a loving family with great parents.  I studied hard in high school, and had the opportunity to attend  great Engineering school.  I landed my first job out of school with a great company doing something I was interested in and making a decent income. I started reading PF blogs and learned about how to plan for my future.

I feel like I’ve done everything right but…

Four Years Later…

I’m not sure exactly what I want to do for the rest of my life, and it’s kind of scary.  Like, really scary.

How do people figure out what they want to do for the rest of their life.  It’s so intimidating.  It’s such a long time…

Some questions I ask myself:

  • Do I want to stay working in this field?
  • Do I want to go back to school?
  • What do I want to accomplish in life?
  • How can I be happy?

I know those are big questions.  I also realize is that I won’t figure out the answers to those questions sitting on my couch, doing the same thing I’ve been doing, and expect a different outcome.

What I’ve Learned

I think it is a iterative process figuring out the “life” thing, and what I tell myself is that instead of figuring it all out at once, I need to take a first step in another direction to see what it’s like.

It’s not much but it’s a start.

What are your life goals and how did you figure out what they are?  Do you have any tips for me to figure out my goals/life?

Cheers,

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The Race to the Alter

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As I approach 30, it seems that everyone around me is getting hitched, popping out kids, or both (not necessarily in that order). It seems that every time I go home on a weekend, my parents ask if there are wedding plans for BF and I.  Then, I get lectured about my age (I just turned 28) and why BF and I aren’t “serious” about our relationship.  I think my mom nearly had a heart attack when I told her that BF was younger than me (gasp!).

My Thoughts on Marriage

Marriage is not the be all and end all for me.  About 4 years ago, I had a heart to heart with myself about my future and whether marriage was in the cards for me.

I was single at the time.  I had just broken it off with a guy I had been dating briefly, and the only other serious relationship I had was with my high school sweetheart (we dated for 4.5 years) which ended 2 years prior.

In the 2 years I was single, I was meeting guys, and dating, but things just didn’t feel right with anyone.  Dating takes work and effort, and I was tired of putting in all this effort just to get a man.  What gives?

Then I started to think that it is entirely possible, I won’t find anyone I’d want to spend the rest of my life with.  As those of us who are dating after college may agree – the pool of eligible partners shrinks significantly.

So I really started thinking about the things that I’d want in my life.  I want to be independent and support myself.  I want to own a home and be able to enjoy my life.  I want a dog, and maybe kids.  Truly, I didn’t really need a man for that (although, one might come in handy, sometimes, depending on the man).  If I really wanted kids, I could adopt one when I was financially secure and established in my career.

 A Partner

I didn’t need someone to take care of me, it was clear that I could do that on my own.  But I wanted a partner – someone who is truly my better half.  Someone to spend my life with and share my dreams with.  Someone whom I loved and loved me back.  Someone whom I respected and respected me.  Someone who had similar values and whom I could talk to about anything.

But I hadn’t found this someone in 2 years.  It was entirely possible that I may never find them, and I came to terms with that.  So, I started to plan out my life without a guy in mind and realized that I can be truly happy and fulfilled, all on my own.

Besides, being in my male dominated office, I see the guys around me refer to their wives in such a demeaning manner – it’s really quite depressing.  I’d much rather be alone than be spoken to in the manner I had witnessed.

I Wasn’t Afraid

I knew some girls who dreaded being single. They stayed with their boyfriends even when he treated them like sh*t.  I’ve had girl friends who were belittled and talked down to by their boyfriends in front of me, and when I asked them why they put up with it, they responded that they didn’t want to be alone.

One girl I knew told me that if she had dated a guy for a few years, she’d just marry him because she thought it was a waste of time if she didn’t.  She was 21/22 years old at that time.  Being a friend, I offered my thoughts that wouldn’t it be better to know while dating whether that person is the right person for us while we’re dating.  That’s what dating is for!  Besides we are so young, and we have our whole life ahead of us.  Obviously, we differed in opinions.

Then I met BF

Shortly after my heart-to-heart moment with myself, I started dating BF.  BF and I knew one another from school and had traveled together during exchange.  I thought he was a really nice, if not flaky guy (sorry, BF!!  But he was always late when we traveled together.)  But since I wasn’t worried about finding Mr. Right, anymore, I had a lot of fun getting to know BF and we eventually became an item.

Now, as we enter into a new chapter in our lives – BF is going away to complete his MBA at a top-notch school in the USA – I am so glad that we are doing this together.  :)   I know the time apart will be tough, but our relationship is strong, and I hope to build upon it and make it even stronger. And one day, when we are both ready, we can tie the knot – but it won’t be a race for us to the alter.  I guess, it will be like taking the scenic route.

What are your thoughts of a partner in life, or marriage?

PS.  Check out Krystal’s thoughts on marriage and wedding.   Very thought provoking.

Cheers,

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April 2012 Networth and Goal Recap

April Expenses

Over budget – $5.20 ;)

  • Groceries  – I think that I need to increase this to $125 a month since I also used $20 from my PC credit card to pay for groceries.
  • Cellphone – I went WAAAAY over my 100 text messages, so I increased my monthly plan to include 250 messages for $36 a month after fees and taxes.
  • Medical – I stocked up on my contact lens.  After medical reimbursement and the manufacturer’s rebate, I will be paying $85 out of pocket for 2 years supply.

I am really happy about how this month turned out.  I was even able to take BF out to a nice dinner out on the town, and my family out for a Korean food – while not blowing my budget.

I haven’t shown it, but I’ve saved 67% of my income this month, and I can’t wait to throw more money into my TFSA.

April Net Worth

Since I missed March’s recap, I’m really pleased with squeaking out with a 4% increase in net worth from February.  As my net worth increases, I know it will get harder to increase the net worth percentage increase, but I will keep trying.  I am so excited to see my net worth inch closer and closer to 6 figures!

I am also expecting a $2,400 tax refund – which will mostly go towards paying for my annual car insurance… but money is money! :)

March/April Goal Recap

  • Pitch for Screening MissRepresentationfail!  My colleague and I talked to my manager about it, but haven’t followed through with a business case/proposal.  I focused on studying for my professional licensing exam and job searching, instead.
  • Finalize my resume – check!  I’ve completely revamped my resume – twice.  I’ve gotten great feedback from friends and colleagues and I am so pleased with the final product.  I even went in for an interview! :)
  • Study for Professional License Exam – check!  I’ve written the test and need to wait for the results.  I feel pretty good about the test and am so glad that it’s over.

On-going Goals Recap

  • Pack my lunch everyday (including fruits)- check!
  • Get off the computer by 9:30 – 10:00pm – fail!  I’d get off the computer by 10pm, but then, I’d check my iPod.
  • Finish a book – pass  I finished Jean Chretian’s autobiography.  It’s the first politician’s biography that I have finished, and I really enjoyed.  What a character! :)

I like the 3 goals.  It’s much easier to keep track of.  Time to think of May goals! :)

Readers, how has your April?

Cheers,

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Budgeting is Therapeutic

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Being the Type A that I am, I like being in control of all aspects of my life (or at least, feeling like I am in control, anyway).

Of course, it’s impossible to be in control of all aspects of my life. When things start to spiral out of control, and I get stressed out, I find that working on my budget and calculating my net worth is therapeutic.  For instance, this month has been a bit of a roller coaster for me – both emotionally and mentally.  I was unhappy at work, I was starting my job searching and interviewing, I wasn’t sure about where BF was going for his MBA and our future together, and I wasn’t sure where I was going in life.

But one of the things I can be in complete control of is my spending on variable expenses.  It’s now second nature for me to make a purchase and then enter the expense right away in my expense tracker, then do a bi-monthly and monthly tally, followed by a net worth calculation.

It gives me a sense of triumph to budget $300 for eating out, and then come in at $301 at the end of the month – even with a special $200 dinner for BF and an unplanned treat out for my family.  I feel a sense of pride as I tally up my net worth – being sooooo close to reaching a net worth of $90,000 I can almost taste it - and knowing that I can reach a six figure net worth before the end of the year.

And you know what I started working on next?  BF’s budget for his 9 months of school, and figuring out how much money he needs to save in the next few months.  BF said it was okay for me to share it with you all, and get some feedback from you.  Stay tuned!

Do you find budgeting or being in control therapeutic?  What do you do when your world is spinning out of control?

Cheers,

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Confession: A Long Distance Relationship (LDR)

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A lot of things have been on my mind lately, and one that I can’t keep from writing about any longer is a very likely long distance relationship in the near future for BF and myself. BF has been applying for MBA programs and he has been accepted to some of the world’s finest, with full tuition paid to boot. He has worked very hard, and he is so smart, and I am so proud of him and excited.

But another part of me is really scared and dreading the long distance relationship. BF and I have done LDR before when he was traveling for work, but it was never for that long. We’d go 3 to 6 weeks without seeing each other, before his company flew him back (and into my arms!). But things are going to be a bit harder now (and more expensive!).

My Plan

At first, I didn’t have a plan going forward, and I hate that. I’m a planning type of girl! I like plans.

Then, I started thinking some more and I knew that I needed a plan or else these 2 – 3 years will pass by very, very slowly and possibly painfully. After BF decides which school and program he will accept, we can work out a schedule for visiting and seeing one another and how we can stay in touch and be a part of each other’s lives.

Two years may seem like a long time, but it also means having summer and Christmas holidays. With summer holidays, he will only be away 8 months at a time, and I’m pretty sure that I can go see him at least once or twice during that time, or him come back. So, I will be focusing on the 2-3 months we will be apart instead of the 2-3 years.

I will need figure out my new budget for traveling and also see if there is a better rewards card which can make it worth it.

Self Improvement

I used to have my hands full between work, sports and maybe even taking a course. Now, I’ve gotten lazy, and only have been going to work and vegging at home (awful, I know).

I need to kick it up a notch, and look into ways to improve myself.

Option 1: Take a course or Write a Test

I’ve been curious about writing the first CFA test. I would like to learn more about finances and perhaps advance my degree in that direction, as opposed to just doing technical engineering. I think this would be a good first step, and also keep my busy and learning.

Option 2: Enroll in a MBA Program Part-time

This obviously takes a lot more commitment and planning than Option 1, but it’s not off my radar.

I’ve told myself that I won’t pursue more education until I feel a real need for it- such as a roadblock in my career. However, if I have the flexibility at work to work 9 – 5, I think that doing 2 courses a week would be do-able.

Even though the thought of being apart of my BF for so long is daunting, having a plan makes it a lot less scary. Well-heeled also had a great article about how her and her husband to be will be getting ahead financially by doing long distance.

Have you been in a long distance relationship with your sweetie? How do you guys cope with being apart? What made up your plan to work on yourself and your relationship?

Cheers,

16 Comments

Filed under Finance, Personal, PF Confession

Thoughts on Slice’s Princess Show

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“Princess” is a show hosted by one of my finance gurus – Gail Vaz-Oxlade.  It follows a similar format as Gail’s first show “Til Debt do us Part“, but focuses on (mostly) single women who feel they are entitled to spend money they don’t have on anything from make-up, clothes, cars, condos, eating out, entertainment, amongst other “luxuries”.

I’m not sure why I am so captivated by these “Princesses” – I guess a part of me is giving myself a pat on the back for not being “that bad”, but I guess that’s the lure of reality television.

Although I don’t consider myself a Princess, I can see how I can become one.  A nice haircut here, buying a nice outfit there, oh, and stocking up on some make-up — rinse, wash, and repeat — and tada.

A Low Annual Salary

Most of the Princesses make an income that is nowhere near sustaining their lifestyle, and they supplement their income with their parents’, siblings’, friends’ and boyfriend’s/girlfriend’s income.  Some Princesses are unemployed or work very minimal hours.

The income range of most Princesses range between $20,000 – $35,000 annually, but spent as if they earned much, much more – usually between $50,000 to over $100,000 annually.

What’s with these guys???

I know there are a lot of things that I don’t understand or know about these girls, but what always boggles my mind is that there is usually guy in the picture and he has been putting up with it.

In last night’s episode, one of the Princess’s boyfriend was giving her an “allowance” of $250.00 a week.  This Princess is unemployed, and wasn’t even looking for work.  Instead of taking public transportation, she was — get this — hiring a private driver!!  She was making about $6,000 a year and spending like she made $97,000 a year.

Maybe it’s because I’m biased and know so many great, smart and single females.  But why are these great women single, and why are these ladies just mooching off these men?  (Check out Mochi’s article – it really struck a chord with me.)  It just seems so off balance to me.

I’m not so naive to think that these types of guys would even be compatible with these women.  But it just seems unfair to me, you know?

Do you watch Gail Vax-Oxlade’s shows?  What do you think of the Princess show?

Cheers,

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Filed under Finance, Random

Checking in… this and that

Hello everyone,

I hope you are well!

I’ve missed blogging, but I think it was a much needed break. Prior to taking my break, I felt that my online life wasn’t balanced with my offline life.  Blogging and connecting with people is so much but I think that I had trouble balancing.  Since this blog is a hobby, I want to keep enjoying it, and I think I will get my posting to once or twice a week, so I can enjoy my offline life, as well.

In the last few weeks, I’ve been able to focus on studying for and writing my professional licensing exam.  Whew, am I glad that’s over with.  It was so hard getting into the groove of studying, again!  I’ve been studying for the professional engineer’s law and ethics exam, and it’s not terribly difficult exam, and I got a lot of helpful notes from my colleagues.  The funniest thing that came from this, was that my friend witnessed someone cheating on the exam!  It’s a law and ethics exam for goodness sakes!

I’ve also started job searching as I’ve been at my first job since graduation and I’ve been feeling kinda “blah” about it for a while now.  I’ve been slowly trying to see if I could make adjustments that would make me want to stay, but it hasn’t been working, and I think I need to look elsewhere.  Not really enjoying my job has also been affecting my life outside of work, and I really need to kick my job searching up a notch.  Any helpful tips you have would be much appreciated.  I went for my first interview in years last week, and I am keeping my fingers crossed!

I’m planning to celebrate with BF, my sister and my close girl friends this weekend, and I am really excited.  On the agenda – dinner at my favourite wine and cheese bar, and karaoke-ing!  I haven’t karaoke’d in soooo long, and I am so glad that my friends have obliged.  We are doing the “Asian style” karaoke where we have private rooms – it would take a lot of liquid courage for me to sing in front of a crowd.

I’ve finally got around to cleaning my room and apartment.  Having a clean place is so much nicer than having a cluttered space.  It just makes me feel so calm :) .  I also attacked my mountain of laundry.  BF and I were getting tired of picking out our clean clothes from the pile on my couch.

I took BF out for a very special dinner, since have accumulated quite a number of celebrations since January: BF’s birthday, Valentine’s Day, BF getting into business school.  We went to this little restaurant and had a wonderful dinner.  I had a delicious duck and BF had the tenderloin. I think I impressed BF ;)

And my taxes have been submitted, as of two weeks ago, and I am eagerly awaiting to get my grubby hands on my refund.  I know, I know, I am giving the government an interest free loan.  In my defense, most of my RRSP contribution is not taxes, and I have been saving my charitable donation receipts for the last 4 years.

Even though I won an H&R tax software from the lovely Young and Thrifty (thanks again!), I just can’t wrap my head around filing electronically!  This is my second attempt to complete my taxes electronically.  Every time, I complete my taxes electronically, I owe money.  This makes no sense, whatsoever.  When I took a closer look at the H&R forms, I think that the provincial forms weren’t part of the package (or I didn’t know where to find them), and that threw things off.  It only takes me about an hour to do my taxes by hand, they are very straight forward, so I think I’m just going to continue with that.  Unfortunately, it takes forever to get a refund.  I guess that makes it more the reason to pay less taxes throughout the year so I won’t need a refund, right?

That’s about all that’s going on in my life right now!

What have you been up to lately?  Are your taxes handed in?  And do you prefer to do taxes by hand or electronically?

I’ve been trying to follow everyone on Google Readers, but have fallen desperately behind.  So many new blogs!  And have you checked out Modest Money’s list of Canadian PF Bloggers?  I’m on the list, and I’ve got 9 votes (including my own vote!).  So, if you like my blog, I urge you to check Modest Money’s blog and vote for your favourite Canadian PF blogger :)

Cheers,

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Taking a Short Break…

Hello readers, sorry I’ve just dropped off and gone MIA for the past 2 weeks.

Things have been really busy in my offline life.   I have a few things I need to focus on, and my blog will need to take a backseat for likely, most of this month.

Thank you for reading, and I hope to come back soon.

Cheers,
FFG

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PF Confession: My Teenager Jobs

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When I saw Young and Thrifty’s post on her worst jobs held as a teenager, I couldn’t help by smile and think back to own horror stories learning experiences.

When I turned 16, I desperately wanted to work part-time to supplement my meager $5 a week allowance.  I wanted to make extra money for 2 reasons: (i) to save for my education (ii) to buy clothes.  My parents were adamant and refused to let me take on a part-time job during the school year for fear it would interfere with my studies; however, they were open to me working during the summer break.

During the summer of grade 11, I started my first job ever.

1. Pantry Staff

I worked at a summer camp in Orillia as a “pantry staff”.  We stayed in the (nasty) cabins onsite and were responsible for all the cleaning/preparation of the dining hall and serving meals for the campers.  This included preparing the dining area (setting tables, chairs, utensils), cleaning of dining hall, cleaning of dishes – for all meals.

The work week was 6 days a week, but since Orillia is a 3-hour drive from Toronto (aka out in the middle of nowhere to a city girl, like myself), we had to accumulate our “days off”, thus most of the staff worked 7 days a week.  The days were long, started around 6:30 – 7:00am in the morning with a very short break between meals (usually 30min), and ending between 11:00pm and midnight.

I was exhausted every day.  The last straw was when my acne flared right back up, due to all the stress and lack of sleep.  And I lasted about 2 weeks before I quit.

There was a “completion bonus” of about $2,000 in my contract.  Which is the sneakiest thing ever – if you ever see something like that in a contract – RUN!  When I told the director I was quitting, he reminded me of the completion bonus and told me that I could expect a cheque for no more than about $60 if I decided to leave.  I left anyway, and I got a cheque for $300 a couple weeks later.

Worst job ever.

2. Donut maker

After my failed attempt at my first summer job, I sent out my application everywhere.  I was hopeful – I now had some “experience” even if it was only 2 weeks.

I got a job at a local amusement park making donuts.

It paid minimum wage, but I was over the moon.  I only had to work 6 to 8 hour shifts and I easily made way more money while working less than I had at my previous job!

Bonus: I got a free season’s pass to the amusement park.

3. McDonald’s

I worked as a cashier full-time during the summer and then convinced my parents to let me work part-time during the school year if I kept my grades up.

Even though many people came out of McDonald’s with horror stories, I come out of my 1 year stint relatively unscathed.  The work schedule was extremely flexible, and I mostly worked on Friday nights, Saturdays and Sundays.   Often times, I’d work 6:00am to 2:00pm on Saturday and Sundays, and still had lots of time to homework/group projects, while still making about $200 per pay cheque during the school year.

Bonus: The McDonald’s I worked at was out in the middle of nowhere, and so I wasn’t able to blow my paycheques at the mall.

4. Ride Operator

During my last summer before entering university, I decided the leave the glamorous world of the fast food industry and move onto amusement park rides.  The ride operator position paid more than minimum wage (what I was getting in the fast food industry), and I was rolling in the dough making $9 an hour in the summer of 2003.

Turns out that the summer of 2003 was when the tourism industry was really slow – it was the SARS scare, and instead of having 5 – 7 shifts a week, I was only getting about 3 – 4.  But, I had a great summer hanging out in the sun, making new friends, and enjoying my season pass on my days off with my friends.

5. Math & Science Tutor

Since math was a strong suit of mine, my high school teachers encouraged me to tutor fellow classmates and lower grade students.

I learned that a lot of people who don’t “get” math, are simply missing a lot of fundamentals, but expect a “quick fix” from a tutor.  I usually go over class notes and examples with my students, and try to take them through the steps, at a slower pace.  We’d also go over assignments or past tests and I’d go over where and how they lost marks, and how to improve their future scores.

This was my most lucrative gig at $15 – $20 per hour cash.  But I also only worked 1 to 2 hours at a time.

Summary

There you have it!  All the jobs I held as a teenager.

Growing in a poor family, I always had a fear that I would not be able to afford attending university, which was the main motivation for me to work.  Even though these jobs aren’t super high paying, I manager to scrounge together about $8,000 in the 3 years I worked prior to entering university.

I think it’s really important to work part-time, or know (some) hardship, so one can truly appreciate the value of a dollar.  And I hope it’s a lesson I am able to pass on to my kids someday.

Readers, what kind of jobs did you hold during your teenage years and what did you learn?  What was your motivation for working at a young age?

Cheers,

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Filed under PF Confession