This is a throwaway account.
I am a 25-year-old living in Toronto, Ontario, Canada and hoping to get some advice with how best to manage my assets. I still live at home so I have very little expenses.
I have a good paying job with a 75k salary + benefits. I work for a startup so I'm receiving 65,000 (non-voting)shares accumulating over 4 years, I'm through my first year already. The shares are valued at ~1.4 currently.
I have an excellent credit score.
Banking with CIBC I have:
Everyday chequing account with $134.84
eAdvantage savings account with $12,645.24
RRSP daily interest savings account with $4,589.28
I put away about $3000 into my savings account a month but I'm slowly becoming more wary of my spending and increasing that to about $3600.
I'm wondering if there's anything I should be doing to increase my assets. Maybe through some sort of investment portfolio etc.
I do also love to travel so I'm looking to get a travel visa. From what I hear TD offers the best one so I'm wondering if it's worth it to switch banks also.
My ultimate goal is to become a homeowner by the time I'm 30.
Any advice would be appreciated, thanks in advance :)
Submitted October 07, 2017 at 01:28PM by canadapfta http://ift.tt/2y3nI5g
