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Hi frugal! I make about 33k a year (salary is 29k, but I can make commission, bonuses, etc and currently owe 9k in debt. 7k in student loans, and 2500 in credit card.

My goal is to by the time I'm 35 (I'm 32 now) own a house. Through my work I have an employee share program that gives me 33% return on every dollar. I can invest up to 10% of my pay (currently 5%).

How do I eliminate debt? I have a room mate, currently pay 500 for my half, cell bill is 100 (this is already 50% off as I work for my provider :( ) I want to build my savings up and fast. I'm thinking a GIC? With a TFSA?

Any and all suggestions are welcome and appreciated :)



March 15, 2017 at 05:36AM

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