Monthly savings : r/PersonalFinanceCanada - Reddit

Monthly expenses are 2500/month (included is 100 dollars/week for gas), and I spent about 400/month on food for two people. That puts me at around 1500 disposible income. After …

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26 With $5k Saved, How To Boost Savings And Invest Long-term

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May 6, 2024 · This subreddit is a place to discuss anything related to Canadian personal finance. The topic of "personal finance" includes budgeting, goal planning, taxation, saving, investing, …

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How To Divide Up Monthly Savings : R/PersonalFinanceCanada

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In savings we have an emergency fund of $15k, and a home repair savings of 1% home price at $5k both in HISAs. Our debt is a mortgage at 5.3% fixed $400k and about $12k total in student …

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Does Spending Most Of Your Savings (at 28) For A House Make Sense?

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28, 0 debt, $80k base salary, $180k saved. Currently paying $2k + utilities on Vancouver Island for rent. Partner of a few years (not yet...

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Saving Money In Your Mid 20s : R/PersonalFinanceCanada - Reddit

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Make a monthly budget - try to cut down costs to a point where you are saving at least 10%-20% of your paycheck. Pay yourself first. Every time your paycheck comes in, transfer your monthly …

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Monthly Savings With Pension : R/PersonalFinanceCanada - Reddit

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I've started my retirement savings (outside of my DB pension) a bit later in life, so I'm putting away about 30% currently. My wife puts away about 20-25% monthly. The reason that we save …

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Monthly Savings - Help! : R/PersonalFinanceCanada - Reddit

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With our current budget, we put $684.84 on the line of credit monthly - we are aiming to have it paid off in 4 years when the interest rate will go back up. With our current budget, we have …

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Savings And Investment Advice : R/PersonalFinanceCanada - Reddit

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Maybe it’s better to figure out what your max savings is per month, put 10% of it in your TFSA for savings/investment and pay the family back monthly with the rest. That way they start seeing …

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Interest On Savings Accounts : R/PersonalFinanceCanada - Reddit

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Inflation is always higher than what one got from a bank savings account. When inflation was 1.5% banks paid 0% interest. The savings account is not for investment, it’s somewhere to …

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Personal Finance For Canadians - Reddit

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My current monthly expenses are Cell- 100$ Rent&utilities - $1600 Internet - $100 Groceries/food - $1k Dog stuff - $300 Subscription services - $110 "Going out"/fun - $300-500 Wondering how …

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Short Term Savings Account Recommendations? : R ... - Reddit

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Hello, I recently sold a place and I have ~$200,000 sitting in my chequing account until my next condo, which won't be ready till ~May 2024. Any savings accounts or other risk-free …

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FAQs about Monthly savings : r/PersonalFinanceCanada - Reddit Coupon?

What do Canadian Reddit users say about personal finance?

Canadian Reddit users delivered great personal finance advice. Here are some of the useful responses: It's security. Eventually freedom. The dream: work or not work for something else than monetary compensation. I was in your position what feels like not that long ago, maxed out TFSA and it was very exciting, but I didn't really have a plan for it. ...

What is a personal finance Canada Reddit forum?

In a personal finance Canada Reddit forum, there are sure to be people of all financial experience levels and people that fit within a variety of different age groups and lifestyles. That means you’ll get a well-rounded group of people considering your questions and providing responses and/or potential solutions. ...

Is Reddit good for personal finance?

Since Reddit is a place where knowledge is regularly shared and discussed, the platform is excellent for people looking to expand their understanding of personal finance. To get started with Reddit Personal Finance, you have to create a free account. ...

Where can I find good advice on Canada personal finance?

Someone on the Reddit Canada finance forum probably has the answers. Many experts on the Canada personal finance Reddit like to share their knowledge, and they may be able to steer you in the right direction. On the other hand, perhaps you’ll be able to answer someone else’s question. Reddit forums are all about the give-and-take of good advice. 3. ...

Where can I find a good personal finance resource in Canada?

Members of Canada personal finance Reddit forums regularly share quality resources they’ve found online, whether it’s an eBook or a link to a blog. So, you may not have to rely solely on your own search skills; you can use one of these vetted resources, too. 4. Diverse Communities ...

How do I get Started with Reddit personal finance?

To get started with Reddit Personal Finance, you have to create a free account. Once you create an account, you'll be prompted to share your interests and start subscribing to subreddits. As you complete your sign-up profile, just let Reddit know that you're interested in personal finance, and Personal Finance subreddits will appear. ...