Make Money From Home

A Week In Vancouver, BC, On A $80,152 Salary – Refinery29

Occupation: Marketing ManagerIndustry: RetailAge: 30Location: Vancouver, BCSalary: $80,152Net Worth: $328,941 ($36,108 in an RRSP, $21,190 in tax-free savings accounts, $39,240 in investments, including company stocks. I also recently …….

Occupation: Marketing Manager
Industry: Retail
Age: 30
Location: Vancouver, BC
Salary: $80,152
Net Worth: $328,941 ($36,108 in an RRSP, $21,190 in tax-free savings accounts, $39,240 in investments, including company stocks. I also recently purchased a one-bedroom apartment for $566,000. I haven’t moved in yet, but I made a $235,500 down payment with a combination of my own investments and a generous gift from my parents.)
Debt: $333,597 (mortgage)
Paycheck Amount (Biweekly): $2,285 (after retirement and stock option deductions)
Pronouns: She/her

Monthly Expenses
Rent: $1,000 (I currently live in a two-bedroom, two-bathroom apartment with a roommate. We’ve lived in the same place for over four years and realize how lucky we got when the pandemic hit: Our rent is relatively cheap for Vancouver, and we feel like we each have our own space. Our building is also new, which is rare in our neighborhood. I’ll move into my new place on June 1 and start paying $1,500 a month for my mortgage then.)
Renters Insurance: $16
Phone: ~$20 (My company will pay up to $60 a month for my phone, but I always go over the data limit on my plan.)
Internet: $0 (With WFH, my company covers internet.)
Car Lease: $325
Car Insurance: $145.82
Health & Dental Benefits: ~$50 (I’m Canadian, so I’m lucky to have great coverage from the government, but I also pay for extra benefits through my work plan. This comes off my paycheck, so I don’t notice it.)
Peloton: $57 (I own the bike, and my roommate pays the membership fee in exchange for using it.)
Spotify: $7.85
Company Stocks: $537.38 (9% of my paycheck and my company matches to some degree)
Retirement Plan: $353.14 (6% of my paycheck and my company matches, same as above)

Annual Expenses
Amazon Prime: $65.23

Was there an expectation for you to attend higher education? Did you participate in any form of higher education? If yes, how did you pay for it?
Yes, there was an expectation that I’d attend higher education, but I also loved school and expected it of myself. I went to a fancy business school, which meant tuition that was three times the amount my siblings paid for their education. I was incredibly lucky that both my grandparents and parents started saving for my school when I was young. Given that my tuition was so high, I contributed between $4,000 and $8,000 a year, whereas my siblings were able to cover theirs with the RESPs (Registered Education Savings Plans) our parents and grandparents contributed …….


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