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Know your Coffee - Caffeine Content

Myth: Tim Hortons coffee is stronger (ie has more caffeine) or is the same as Starbucks. Answer: False. Starbucks coffee contains more than twice the caffeine of a comparable size at Tim Hortons.

March 2012 Net Worth Update +5.8%

This month I received a matching RRSP contribution from my employer and also finally purchased some TD e-series funds after delaying it for a year.

Feb 2012 Net Worth Update +1.07%

January was a busy month for me and yet my numbers barely reflect it. I moved in to a new apartment this month and incurred the costs usually associated with moving.

Jan 2012 Net Worth Update +11.4% Happy New Year!

Happy New Year everyone. Hopefully 2012 is treating you well. I'm starting this year off strong with an enormous gain of 11.4% over last month.

Dec 2011 Net Worth Update +3.25%

This last month has sped by and surprisingly I've posted another decent gain. I managed to save $500 this month, with the rest of the increase due to my stocks recovering from yearly lows. Next month I expect to pass the $25,000 Net Worth milestone if everything goes to plan. The three paycheques I will be receiving in December should assure me of it.

Greatest apartment hunting tool

As I'm currently in the process of looking for an apartment, I'd like to suggest to anyone else in the same situation to definitely take a look at Padmapper.

Goals and Happiness

I have thought a lot about what my goals should be for this site. I see other people have set theirs as paying off credit cards, student loans, or mortgages.

My Expenses - First checkup

It's time to take a look at my expenses. This is from RBC's very useful myFinanceTracker. I can't recommend it enough to people. Your bank probably has something similar.

Wednesday, 21 March 2012

Know your Coffee - Caffeine Content

Unrelated to Personal Finance but it's an issue that I need to clear up.

My goal here is to dispel a number of popular myths that I regularly hear repeated about coffee and its caffeine content.

Myth #1
Espresso has a lot more caffeine than a regular cup of coffee


Answer: False. In fact, using Starbucks as an example, a Grande cup of brewed coffee contains almost 4.5 times the amount of caffeine as a single shot of espresso.

Grande brewed coffee = 330mg
Single shot espresso = 75mg

Even if you had a double shot of espresso you would only be close to half the amount of caffeine as a Grande.
Double shot espresso = 150mg

The confusion for many people arises because they are not taking into account the difference in volume. Per ml it is true that espresso contains more caffeine, but a Grande from Starbucks is 473ml and so dwarfs the tiny espresso at 30ml. An equivalent 30ml of brewed coffee would contain only 20mg of caffeine. Because the caffeine is in a more concentrated form in the espresso it is believed to be absorbed faster into the body, but that is not to say that it has anywhere near as much caffeine in total.

Myth #2
Tim Hortons coffee is stronger (ie has more caffeine) or is the same as Starbucks.
VS

Answer: False. Starbucks coffee actually contains more than twice the caffeine of a comparable size at Tim Hortons.

Starbucks Venti brewed coffee(20oz) = 410mg
Tim Hortons (Old) Extra Large (20oz) = 200mg

To get to an equivalent amount of caffeine you would have to consume a Tim Hortons Small coffee, Medium coffee, and an Extra Large coffee all at the same time. Even that only equals 380mg, falling 30mg short of a single Starbucks Venti. You would have had to consume 44oz of Tim Hortons' coffee as well, compared to the Venti's 20oz.


Myth #3
Red Bull and Coca Cola/Pepsi have a lot of caffeine

Answer: False, when compared to coffee. A single can(355ml) of Pepsi contains only 38mg of caffeine. To reach the equivalent of a single Venti coffee you would have to drink more than 10 cans of Pepsi.

Pepsi (355ml) - 38mg

Red Bull contains 80mg of caffeine per 250ml can. You would have to drink more than 5 cans of Red Bull to reach the equivalent of a single Venti coffee.

Red Bull (250ml) - 80mg 


I have provided an easy to read table below showing the differences in caffeine content. Please inform people next time you hear them repeat these same myths.




















On a side note, Health Canada recommends an intake of no more than 400mg of caffeine per day for a healthy adult.  I just had a refill of my Tall coffee so I'm now up to a total of 520mg today and I'm only half way through the day.
Read more from Health Canada here.
http://www.hc-sc.gc.ca/hl-vs/iyh-vsv/food-aliment/caffeine-eng.php

All of the information I've posted here is readily available on the net from each company.
Below are the links I've taken the information from if you would like to check for yourself.

Starbucks Nutritional Information
http://globalassets.starbucks.com/assets/sjb12-19082-bev-nutrition-web.pdf

Tim Hortons Caffeine Content Guide

Pepsi Nutritional Information

Red Bull Nutritional Information

Monday, 19 March 2012

Spending Report: Mar 11 - Mar 17, 2012

Mar 11, 2012 - Mar 17, 2012

Sunday – March 11, 2012
$36.36 – Groceries
$14.60 – Groceries

Monday – March 12, 2012
$0

Tuesday – March 13, 2012
$0

Wednesday – March 14, 2012
$0

Thursday – March 15, 2012
$9.74 – Food

Friday – March 16, 2012
$7.00 – Food
$85 – Gas and car wash

Saturday – March 17, 2012
$8.00 – Food

Total: $160.70
Times I ate out: 3

After starting the week so well with 4 days in a row without eating out and 3 days straight spending zero dollars, I broke down at the end of the week and ate out 3 days in a row. As you can see, gas makes up a large part of my spending every week. I try to go two weeks before filling up but it seems like I’m driving more these days and having to fill up every week. Next week my expenses will jump again after I pay my tv/internet bill as well as my first electricity bill from my new apartment.

I think I need to start making more money.

Saturday, 10 March 2012

Weekly Spending Reports

I have gotten the idea from Krystal Yee at  Give Me Back My Five Bucks  to show weekly spending reports. One of my main goals will be to track how many days I eat out in a week. Not only does it cost me money but it's unhealthy as I tend to eat junk food when I'm too lazy to make something.

These reports will be quite easy for me to complete seeing as RBC's amazing myfinancetracker shows purchases by day on a calendar already. I can't recommend it enough. 

I'll start off with the last two weeks so I have something to compare to in the future. I'm going to try doing one of these every Monday as charges from Friday and Saturday usually wont appear on my credit card until the next business day.

Feb 26, 2012 - Mar 3, 2012
Sunday - Feb 26
$49.11 Internet/TV bill
$22.09 Groceries

Monday - Feb 27
$20 Tennis court booking - If if ever stops raining in Vancouver I could play outside

Tuesday - Feb 28
$6.61 Fast food

Wednesday - Feb 29
$0

Thursday - March 1
$9.73 Fast food
$11.52 Online service

Friday - March 2
$10.62 Fast food
$54.13 Cell phone bill

Saturday - March 3
$100 Starbucks - Reloaded coffee card

Total: $283.81
Times I ate out during the week: 3


March 4, 2012 - Mar 10, 2012
Sunday - March 4
$70.76 Gas

Monday - March 5
$35.70 Restaurant

Tuesday - March 6
$0

Wednesday - March 7
$9.73 Fast food

Thursday - March 8
$8.16 Fast food

Friday - March 9
$6.72 Fast food

Saturday - March 10
$10 Fast food
$17.84 Filed taxes with UFile

Total: $158.91
Times I ate out during the week: 5 - Damn it!

Thursday, 1 March 2012

March 2012 Net Worth Update +5.8%

Here are the numbers for the month
March 1, 2012
TFSA - $15,310.04 (+0.16%)
TD Waterhouse TFSA e-series- $4,966.54 

Stocks - $3,527.70 (+8.84%)
(stocks purchased this month = $278.72)

ISA - $4,222.40 (-40.6%)
RRSP - $1,249.22 (+0.16%)
Chequing - $275.80

Total: $29,551.70
Gain: +5.8% or $1,619.01



New things this past month:
1. Finally bought TD e-series funds after a year of procrastinating
2. Received matching RRSP contribution from employer for $1,245.00 which made up the majority of my gain.
3. Purchased $278.72 worth of company stock. I am buying monthly now so as to take advantage of dollar cost averaging.
4. ISA decreased due to funding of e-series and stock purchases

Upcoming:
1. I am now only $450 short of breaking the $30,000 mark and should easily reach it next month.
2. I'd like to transfer more of my ING TFSA funds into TD's e-series but the paperwork looks like a hassle so we'll see.
3. I will be filing my taxes in the next few days and am expecting a return of approximately $300.




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