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I've been working for about a year, and figuring out where my money should go. Monthly details below:

8% into my rrsp, of which my company matches 6% (that's the max)

$250 to a mutual fund with TD

$250 to a mutual fund with Sunlife

$1,250 on rent (includes parking) + utilities + internet

$300 on car (insurance + gas)

$600-700 on food + groceries

$250-350 on going out

What should I change? Is the money going to mutual funds worth it? For now I'm keeping it there because I'm trying to minimize the amount of cash I think I have available for spending.

Thanks.



Submitted July 30, 2017 at 08:11AM by hello050 http://ift.tt/2uKnWy9

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