Immigrated to this country few years back with nothing. Started working 2 years back
Found a beautiful girl and got married last year. She will be in school till March 2016 so no income from her side/
About me
Age:32...in Alberta
Gross income:75k$
RRSP contribution :12 % of my income (Started from April)
After Tax and RRSP deduction:3816$
Monthly expenses:2816$
Current Liabilities:
Credit Card Debt : 1700$
Car Loan:18750$ ( 7.5 % interest on it for 5 years ).Got loan of 5000$ from wife and 1000$ from sale of old car so it will soon be down to 12750$.
Total:14450$
Assets
International Investment: 1200$ (Getting 9% interest on it)
Tangerine saving account: 2835$
Index Investing:TFSA:1200$
Goals till 2015 November.
1.Pay of my car loan before November 2015 by contributing 700$ extra every month.
2.Contributing Maximum to RRSP will be achieving goal of 11000$, all this money will be in TD E series self directed RRSP. My company not a very good pay master, Contributes 50% of 3% of my salary.
3.I will be contributing 300$ per month to my tangerine saving account to create a emergency fund of 6435$.
My Expenses:
I will also maintain this diary as my workout diary so I can have both progress at same place.
Found a beautiful girl and got married last year. She will be in school till March 2016 so no income from her side/
About me
Age:32...in Alberta
Gross income:75k$
RRSP contribution :12 % of my income (Started from April)
After Tax and RRSP deduction:3816$
Monthly expenses:2816$
Current Liabilities:
Credit Card Debt : 1700$
Car Loan:18750$ ( 7.5 % interest on it for 5 years ).Got loan of 5000$ from wife and 1000$ from sale of old car so it will soon be down to 12750$.
Total:14450$
Assets
International Investment: 1200$ (Getting 9% interest on it)
Tangerine saving account: 2835$
Index Investing:TFSA:1200$
Goals till 2015 November.
1.Pay of my car loan before November 2015 by contributing 700$ extra every month.
2.Contributing Maximum to RRSP will be achieving goal of 11000$, all this money will be in TD E series self directed RRSP. My company not a very good pay master, Contributes 50% of 3% of my salary.
3.I will be contributing 300$ per month to my tangerine saving account to create a emergency fund of 6435$.
My Expenses:
Rent | 1000 |
Gas | 300 |
Car insurance | 157 |
Car Payment | 380 |
outing | 200 |
Bus pass | 95 |
Groceries | 475 |
Home insurance | 20 |
Phone bills | 65 |
Shaw cable + internet + landline | 100 |
Net Amount | 2816 |
I will also maintain this diary as my workout diary so I can have both progress at same place.