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New grad, new job. 55k cad income. 28k in student loans.

My current budgeting plan per month: - Food/restaurants ($400) - Hobbies ($50) - Entertainment ($200) - Groceries ($200) - Car/Gas ($300) - Miscellaneous ($50)

Fixed Monthly expenses: - medical/personal care ($20), - phone ($30), - gym ($50), - rent ($800), - utilities ($100), - internet ($50) - Student loan (have not started paying it yet)

Total expenses, im spending over $2000/month, which is more than 50% of my income. Remaining money is just sitting in my chequing account. Am I spending badly? How can I improve? Is my rent too high?



Submitted July 14, 2018 at 03:44AM by donaldinho_10 https://ift.tt/2zEHB75

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