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This is a simple, everyday blog about the things that make me tick. Welcome to my new adventure.

i left the big city for love...and financial freedom

i left the big city for love...and financial freedom

You heard me. This title sounds like something out of a rom-com, I know, but its true. And its my life. 

First came love, then came....the idea and possibility of more financial freedom than I would have ever had in an expensive city like Vancouver. So moving to Grande Prairie was the most natural thing to do, right? NOT.....but I did and here we are.

This article I wrote was originally published in Grow Magazine, a digital financial magazine offering financial advice and personal stories to help others achieve their financial goals. It happens to be lead by the great & multi-talented super woman, Jennifer Barrett. She's the Founding Editor and Editor in Chief of Grow and I can't think of anyone more talented, motivated & experienced to take on this role. Jennifer also happens to be the co-writer of both our Smart Cookies books (more to come on her in my soon-to-be In Good Company feature!).

This article was a blast to write with the Grow team - not only were they great to work with, but it was a topic so near and dear to my heart, given my past experiences with money and what I'm currently experiencing in my present life. I'm forever grateful for them giving me this opportunity to share my story with their audience. 

Writing about money isn't easy but it is cathartic and empowering. I started to talk about money 10 years ago when I started the first of many Smart Cookie money groups with 4 other financially-green ladies.  I learned a TON of valuable life lessons and equipped myself with tools that will now last a lifetime, all because I'm smarter and truthful about my financial status. You just have to be open to it and have no shame, because EVERYONE has some sort of financial past - whether its good or bad. Trust me on this one! Even those people who drive the nice cars, live in beautiful houses and have clothes to be envious of. Somewhere, hidden away, is a financial picture they are likely not proud of. Dare I say, can even afford!

If you haven't read my article yet, I encourage you to do so because one of our biggest goals as Smart Cookies was to get the conversation started. Empower. Learn. Educate. Plan. Dream. DO.

Enjoy.

GROW MAGAZINE ARTICLE (originally published on April 21, 2016)

For most of my adult life, I’ve been your typical urban professional. I lived in what I considered one of the greatest cities in the world—Vancouver, British Columbia—where I worked as a senior marketing executive at a restaurant group, earning a great salary that afforded me an active social life, overpriced lattes and other little luxuries. I also owned a precious, and valuable, two-bedroom, two-bathroom town home on the water. Life was good, and I couldn’t imagine myself anywhere else.

Then on Christmas Day 2015, something big happened that changed everything: My boyfriend of two-plus years, Nate, popped the question, and I excitedly said yes!

Of course, this meant we’d finally have to make a major decision we’d been mulling over for months. Nate lives in the small town of Grande Prairie, Alberta (population: 68,000)—a four-hour connecting flight from Vancouver—and we’d spent our entire relationship dealing with the toll the long distance was taking on our hearts and bank accounts. (We’d spent many thousands of dollars flying back and forth to see each other since meeting on a dating site in April 2013.)

Although we initially considered it, we concluded that Nate shouldn’t move to Vancouver—at least not yet. He’d spent the last eight years building up his business in the energy sector, where it’s not uncommon to earn $250,000 a year or more (though the industry can be volatile and earnings can swing widely). Because Nate is extremely savings oriented, and goals like starting a family and retiring early are top priorities for us, it didn’t make sense for him to leave any money on the table, even though I had a nice salary of my own. We also knew I could have a fruitful career as a marketing consultant anywhere, if I networked and sought new opportunities.

Slowly, it became apparent that trading in the big city for a quieter life with Nate in Grande Prairie was the smartest financial choice, especially when we ran the numbers and realized how much we could save. So I packed up my life in February 2016, and made the big move.

Nate’s always been a brilliant money manager, and was already living off a fraction of his income. He’d witnessed far too many colleagues benefit from a few great months, only to lose it all when the money or work dried up. So we agreed to maintain his financial strategy, which consisted of living off just $60,000 a year and funneling the rest of his earnings into his business and savings. Then we’d use whatever I earned to primarily double-down on our mortgage payments.

Thanks to a lower cost of living, this has been a lot easier to accomplish in Grande Prairie than it would be in Vancouver, but it does require some sacrifices. For instance, we cook at home instead of eating out, buy in bulk and have eliminated certain unnecessary expenses, like cable. While this is a pretty big departure from the life I led in Vancouver, the truth is, I was ready for a change and consider it well worth the effort to be with Nate, working toward our joint goals.

Another big part of our plan is to hold onto my townhome as an investment because the Vancouver real estate market is on a tear, and rent it out to cover my monthly costs. That keeps my toes in the market while I build more equity. The end goal is for us to move back to Vancouver in 10 years or so, and have little-to-no mortgage left—which will land us in a great financial position to afford a home, no matter what the housing landscape looks like then.

Needless to say, we’ve been through a lot of changes over the past couple months. And it’s a new experience for me to be this financially honest and open with a partner. But surprisingly, this transition has been pretty seamless, thanks to our complete transparency with each other about where we stand and our commitment to achieving our goals.

In the end, I consider leaving my big-city lifestyle behind one of the best decisions I’ve ever made: Not only did it finally put me in the same city as the man I love, but it proved to us that we make a great team—and it’s moving us closer to our ultimate goal: permanent financial stability

 

motherhood & the art of unconditional love

motherhood & the art of unconditional love

the battle of the sexes

the battle of the sexes