So my monthly pay check is in for a total of $3,598.39
Housing 40% - $1,439.35
Mortgage - $646.62
House Maintenance - $315.00
Housing Taxes - $182.50
House Insurance - $72.00
Utilities – $223.23
Total – $1,439.35
Savings 10% - $359.83 – All going to my RRSP
Debt 10% - $359.83
Transportation 15% - $539.75
Bus Pass – $68.25
Train - $0
Other - $0
Car Savings – $471.50
Total - $539.75
Life 25% - $899.63
Emergency Savings - $240.10
Travel - $175
Food - $160
Cell – $30
Internet - $50
Health Insurance – $23.52
Clothes - $10
Gifts - $10
Misc - $10
Big Ticket Item - $100
Entertainment - $10
Social/Sports - $5
Financial Planning - $5
Slush – $71.01
Total - $899.63
I’ve entered a nice grove on the budget front with only
minor adjustments being made each month.
Looking forward to reaching my savings goals for my Emergency fund and car
savings so that those funds can be redirected towards my mortgage. On top of my day job I earned $30 from
tutoring and $420 from renting one of my spare rooms to a colleague. I’m hoping to average $30 a week
tutoring until September and my housemate will be here for another two
months. It’s nice to see some
alternative income coming in.
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