| Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum. |
 | | 
01-02-2009, 10:44 PM
|
#1 | | I don't get it either
Join Date: May 2005 Location: Richmond
Posts: 2,935
Thanked 198 Times in 62 Posts
Failed 169 Times in 28 Posts
| The VOT MONTHLY EXPENSES threaD!
I'm still in school but will be graduating soon. I did a estimate of how would I spend all my money.
Occupation: Electrical Engineer
Salary: $55,000 (average)
Salary after tax: $42,000
Monthly Pay: $3500
Rent: $1500
Car payment: $400
Car insurance: $250
Gas: $200
Internet/Cellphone: $100
Food: $600
Everyday stuff: $100
Monthly saving: $100
----------------------------
Monthly expense: $3250
Money left over for cloths, toys, entertainment, partying... : $250 (thats not enough)
55grand seems alot but after a quick estimate I will still be pretty poor living on paycheck to paycheck if I want to sustain any kind of ok life style.
How does everyone here spend their salary or will be spending their salary?
| 
|  | |
01-02-2009, 10:51 PM
|
#2 | | Rs has made me the man i am today!
Join Date: Sep 2005 Location: Surrey
Posts: 3,327
Thanked 9 Times in 7 Posts
Failed 5 Times in 2 Posts
|
$1700-1800/month currently
gas: $80-120/month
food: $50-100/month(including alcohol on weekends)
misc: $50-200/month
still got quite a bit saved. no bills to pay, no car payments, no car insurance, etc.
__________________
'08 TW FA5
| |
| | |
01-02-2009, 10:53 PM
|
#3 | | Media Officer / MOD
Join Date: Apr 2001 Location: vancouver
Posts: 28,081
Thanked 5,765 Times in 1,729 Posts
Failed 86 Times in 64 Posts
|
Rent: 800
car: bought so helped alot
insurance: 180
gas: 120
food: 200-300
yea.... its hard but actually having a gf helps....
| |
| | |
01-02-2009, 10:54 PM
|
#4 | | ninja edits your posts without your knowledge
Join Date: Jan 2004 Location: Vancouver
Posts: 14,997
Thanked 6,370 Times in 1,795 Posts
Failed 114 Times in 70 Posts
| Quote:
Originally Posted by Boostaholic  I'm still in school but will be graduating soon. I did a estimate of how would I spend all my money.
Occupation: Electrical Engineer
Salary: $55,000 (average)
Salary after tax: $42,000
Monthly Pay: $3500
Rent: $1500
Car payment: $400
Car insurance: $250
Gas: $200
Internet/Cellphone: $100
Food: $600
Everyday stuff: $100
Monthly saving: $100
----------------------------
Monthly expense: $3250
Money left over for cloths, toys, entertainment, partying... : $250 (thats not enough)
55grand seems alot but after a quick estimate I will still be pretty poor living on paycheck to paycheck if I want to sustain any kind of ok life style.
How does everyone here spend their salary or will be spending their salary? | Eating your own jizz as a source of protein saves a bundle...
Or so I hear.
| |
| | |
01-02-2009, 11:05 PM
|
#5 | | Moderator
Join Date: Nov 2004 Location: here & there
Posts: 4,654
Thanked 298 Times in 131 Posts
Failed 9 Times in 5 Posts
|
Keep this thread clean and jizzm free please.
__________________ Moderator Vancouver Automotive Chat | Vancouver Off-Topic
__________________ REVscene.net - Vancouver's #1 Automotive Forum and Classified's Site!
Interested in advertising with REVSCENE? Join our roster of Brian Jessel BMW, EBISU Robson, Blitz Gear, Soundworks, and dozens of the Lower Mainlands BUSIEST and most SUCCESSFUL small and medium businesses! Let us take you to the next level with our Incredibly affordable and effective packages Advertisement@revscene.net | |
| | |
01-02-2009, 11:08 PM
|
#6 | | I contribute to threads in the offtopic forum
Join Date: May 2004 Location: Vancouver
Posts: 2,876
Thanked 0 Times in 0 Posts
Failed 0 Times in 0 Posts
|
your food estimate sounds a little high..
if you don't plan to cook at all then maybe.. but if you do cook, probably only half of that
and are you living by yourself?
perhaps you could rent some place that cost a bit less?
if it were up to me.. and i'm living alone, i would rent like a downstairs one bedroom suite of one of those newer to 20 year old vancouver houses.. which is around 700 or 800 bucks a month max at the moment
Last edited by scheng924; 01-02-2009 at 11:09 PM.
| |
| | |
01-02-2009, 11:08 PM
|
#7 | | Moderator
Join Date: Nov 2004 Location: here & there
Posts: 4,654
Thanked 298 Times in 131 Posts
Failed 9 Times in 5 Posts
|
6 hundo on food is super high, unless you eat like an absolute king (around $400 for me), and are including sport supplements in that number... or your expenses from dining out
__________________ Moderator Vancouver Automotive Chat | Vancouver Off-Topic
__________________ REVscene.net - Vancouver's #1 Automotive Forum and Classified's Site!
Interested in advertising with REVSCENE? Join our roster of Brian Jessel BMW, EBISU Robson, Blitz Gear, Soundworks, and dozens of the Lower Mainlands BUSIEST and most SUCCESSFUL small and medium businesses! Let us take you to the next level with our Incredibly affordable and effective packages Advertisement@revscene.net | |
| | |
01-02-2009, 11:33 PM
|
#8 | | Banned (ABWS)
Join Date: Oct 2006 Location: MacLeod
Posts: 7,298
Thanked 542 Times in 289 Posts
Failed 1,639 Times in 418 Posts
|
what job are you doing and what company?
hm.. i'm doing an electrical engineering degree right now... I do need some tips on what to aim for..
| |
| | |
01-02-2009, 11:35 PM
|
#9 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 6,044
Thanked 315 Times in 149 Posts
Failed 53 Times in 33 Posts
|
what exactly is this thread for? you want us to post how much we all make and how we spend it? lol.
in that case, i don't' make much. and i spend all of it.
__________________ 1996 Honda Accord 1995 Nissan 240sx 2004 Infiniti G35 2005 Honda Jazz BuySell Feedback Quote: |
"It's called Sex Panther by Odeon. It's illegal in nine countries... Yep, it's made with bits of real panther, so you know it's good ... They've done studies, you know. 60% of the time it works, every time. "
| | |
| | |
01-02-2009, 11:47 PM
|
#10 | | Banned (ABWS)
Join Date: Oct 2006 Location: MacLeod
Posts: 7,298
Thanked 542 Times in 289 Posts
Failed 1,639 Times in 418 Posts
| Quote:
Originally Posted by cakeTech what exactly is this thread for? you want us to post how much we all make and how we spend it? lol.
in that case, i don't' make much. and i spend all of it. |
^
I think he wants us to comment on his way of spending his earning..
as in if he is heading in the right direction
| |
| | |
01-02-2009, 11:47 PM
|
#11 | | I Will not Admit my Addiction to RS
Join Date: Nov 2007 Location: India
Posts: 583
Thanked 0 Times in 0 Posts
Failed 0 Times in 0 Posts
|
Maybe you should cut down on the rent.
1500 a month for rent on that salary is a bit excessive.
You can easily find a nice apartment to rent for 1100 and that 400 you can put away
each month.
__________________
chikety china the chinese chicken.
| |
| | |
01-02-2009, 11:51 PM
|
#12 | | It's like going crazy when you're already nuts
Join Date: Aug 2005
Posts: 5,945
Thanked 3,121 Times in 815 Posts
Failed 90 Times in 38 Posts
| Quote:
Originally Posted by cakeTech i don't' make much. and i spend all of it. | Werd.
| |
| | |
01-02-2009, 11:58 PM
|
#13 | | Banned (ABWS)
Join Date: Nov 2006 Location: bc
Posts: 625
Thanked 36 Times in 15 Posts
Failed 57 Times in 18 Posts
| Quote:
Originally Posted by Boostaholic I'm still in school but will be graduating soon. I did a estimate of how would I spend all my money.
Occupation: Electrical Engineer
Salary: $55,000 (average)
Salary after tax: $42,000
Monthly Pay: $3500
Rent: $1500
Car payment: $400
Car insurance: $250
Gas: $200
Internet/Cellphone: $100
Food: $600
Everyday stuff: $100
Monthly saving: $100
----------------------------
Monthly expense: $3250
Money left over for cloths, toys, entertainment, partying... : $250 (thats not enough)
55grand seems alot but after a quick estimate I will still be pretty poor living on paycheck to paycheck if I want to sustain any kind of ok life style.
How does everyone here spend their salary or will be spending their salary? | thats pretty good...
could try to find a new place to stay for lower rent??
everyday stuff.. as in?? dont think ull spend 100bucks a day since work should b keeping you busy
food is about right if you have a GF...
iuno man, kinda hard to cut down sometimes.
Last edited by ChyahGT; 01-02-2009 at 11:59 PM.
| |
| | |
01-03-2009, 12:04 AM
|
#14 | | Willing to sell a family member for a few minutes on RS
Join Date: Feb 2005 Location: Surrey
Posts: 12,760
Thanked 689 Times in 376 Posts
Failed 61 Times in 38 Posts
| Quote:
Originally Posted by Boostaholic I'm still in school but will be graduating soon. I did a estimate of how would I spend all my money.
Occupation: Electrical Engineer
Salary: $55,000 (average)
Salary after tax: $42,000
Monthly Pay: $3500
Rent: $1500
Car payment: $400
Car insurance: $250
Gas: $200
Internet/Cellphone: $100
Food: $600
Everyday stuff: $100
Monthly saving: $100
----------------------------
Monthly expense: $3250
Money left over for cloths, toys, entertainment, partying... : $250 (thats not enough)
55grand seems alot but after a quick estimate I will still be pretty poor living on paycheck to paycheck if I want to sustain any kind of ok life style.
How does everyone here spend their salary or will be spending their salary? | $600 for food ? is that groceries and eating out ?
my gf and I spend about $300 a month on groceries and eating out. You must eat ALOT
My expenses
Rent :$300
Groceries :$200
MSP: $54.00
Cell Phone: $55.00
Gas :$100
Car: Paid Off
I have about $1000 a month disposable income and I usally save about $700 of it. I keep a record of all my money expenses/allowances/income on a spreadsheet so I know exactly what I spent my money on 
Last edited by hotjoint; 01-03-2009 at 12:17 AM.
| |
| | |
01-03-2009, 12:13 AM
|
#15 | | Banned (ABWS)
Join Date: Oct 2006 Location: MacLeod
Posts: 7,298
Thanked 542 Times in 289 Posts
Failed 1,639 Times in 418 Posts
|
how do you know car insurance is going to be $250?
and car payment is $400?
unless you're already financing/leasing a car, you're not a roadstar...
hm.. maybe start off life with a honda or toyota?
insurance won't be $250 for a civic/corolla unless you have a messed up record.
on top of this.. civic and corolla are cheap on gas!
I mean.. if you're getting your life together, I don't think it's a smart idea to buy a really nice and powerful car.. unless you're living with your parents.
Last edited by orange7; 01-03-2009 at 12:15 AM.
| |
| | |
01-03-2009, 12:18 AM
|
#16 | | WOAH! i think Vtec just kicked in!
Join Date: Sep 2003 Location: Yaletown
Posts: 1,603
Thanked 26 Times in 25 Posts
Failed 24 Times in 2 Posts
|
Rent and food are a bit high. Even if you live downtown, there's plenty of places you can rent around 1100 a month. At 600 for food, it sounds like you're gonna be eating out every day and never cooking at home.
For me I have the following per month:
Salary $3300
Mortgage $1100
Car & Home Insurance $170
Food $400
Gas $80
Utilities/Strata $220
Medical $54
Phone/Cable/Cell $150
RRSP's $200
Entertainment $150
| |
| | |
01-03-2009, 12:23 AM
|
#17 | | I contribute to threads in the offtopic forum
Join Date: Nov 2001 Location: Vancouver
Posts: 2,746
Thanked 70 Times in 17 Posts
Failed 3 Times in 2 Posts
|
I'm assuming since you're in school and graduating soon that you haven't started this level of spending yet and are able to adjust your spending..
seriously, your rent and your food are way too high. If you cut your target rent down to 1000 a month, and took your food bill down to 300 a month (which is doable if you do some eating at home)... then you're saving an extra 800 a month, and you can increase your savings by that much more...
100 a month for that level of income really doesn't seem like that much... You should really be trying to save up at LEAST 100 a week...
Take the 800 a month you've saved by cutting rent and food, and maybe add 300 to your entertainment expenses, and add 500 to your savings, and you'll be sitting happy | |
| | |
01-03-2009, 12:23 AM
|
#18 | | Need to Seek Professional Help
Join Date: Jun 2006 Location: 604
Posts: 1,049
Thanked 160 Times in 80 Posts
Failed 84 Times in 14 Posts
|
$600 for food is high, unless it includes eating out (and that's a fair bit of eating out).
I would save more - do you want to buy a house some day? What about throwing a little bit of money into your retirement account (I'm dead serious). Try "saving the money first" - say, 10% of your gross, then budgeting beyond that.
As stated, you could probably shave some rent money.
Don't forget:
- heating bill (if applicable)
- home insurance, in case your place gets jacked or burns up
- cable tv if that's your thing
$55k is a pretty damn good salary. You shouldn't be living cheque to cheque on that.
| |
| | |
01-03-2009, 12:36 AM
|
#19 | | My homepage has been set to RS
Join Date: Dec 2003 Location: Van
Posts: 2,050
Thanked 192 Times in 118 Posts
Failed 49 Times in 32 Posts
|
Trim a little from each category:
You're spending 43% of your monthly pay on rent. Cut it down to 34% and save $300.. etc.
Or..
You seem to want a nice place, nice car, log big mileage, and spend $20/day on food right away. Maybe live cheaper until you pay off your car.
But I agree with others about saving money. You have the opportunity to save quite a bit of money that others don't as long as you cut out the fat.
Last edited by goo3; 01-03-2009 at 12:40 AM.
| |
| | |
01-03-2009, 12:38 AM
|
#20 | | I *heart* Revscene.net very Muchie
Join Date: Jul 2004 Location: vancouver
Posts: 3,711
Thanked 2,584 Times in 610 Posts
Failed 329 Times in 112 Posts
|
What's "Everyday stuff"?
| |
| | |
01-03-2009, 12:45 AM
|
#21 | | MOD
Join Date: Oct 2002 Location: VANCOUVER
Posts: 26,849
Thanked 7,553 Times in 1,957 Posts
Failed 153 Times in 85 Posts
|
Salary: $2500
Rent: $0 - live at home..
car/insurance: $1,016
bike: $200
Food: $225
Gas: $200
Debt payment: $500-$800
Cell phone: $40
| |
| | |
01-03-2009, 12:52 AM
|
#22 | | Banned (ABWS)
Join Date: Oct 2006 Location: MacLeod
Posts: 7,298
Thanked 542 Times in 289 Posts
Failed 1,639 Times in 418 Posts
| Quote:
Originally Posted by raygunpk What's "Everyday stuff"? | -toothbrush/toothpaste
-condoms
-pens/papers
-towels
-car detailing products
-etc..
| |
| | |
01-03-2009, 12:55 AM
|
#23 | | Banned (ABWS)
Join Date: Oct 2006 Location: MacLeod
Posts: 7,298
Thanked 542 Times in 289 Posts
Failed 1,639 Times in 418 Posts
|
you know what?
I think you forgot to calculate some important variables..
such as electrical bill, and gas bill? unless that is included in the rent..
but with the saving, you won't have enough money when you need it for emergency..
such as vacations, new snow tires, ICBC deductable, tickets, etc. etc..
shits happen all the time, and you need to be prepared to shell out money..
| |
| | |
01-03-2009, 01:05 AM
|
#24 | | VAC Head Rotang Mod
Join Date: Oct 2004 Location: Van
Posts: 10,668
Thanked 1,427 Times in 627 Posts
Failed 33 Times in 24 Posts
|
Salary: 2100
Rent: 600
Gas: 250
Ins: 230
Food: live at home
cell: 60
internet: live at home
eat out: 100
random shit: 200
my budget is just coming back around after having to drop 2k on my car to put a new engine in...that fucked me up for a while.
__________________
2020 ND2 Miata - Polymetal Grey, Red Nappa Leather
1993 Subaru WRX (2004 WRX engine, COBB access port)
2001 CBR600F4i My Feedback (10-0-0) Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | | |
| | |
01-03-2009, 01:34 AM
|
#25 | | I don't get it either
Join Date: May 2005 Location: Richmond
Posts: 2,935
Thanked 198 Times in 62 Posts
Failed 169 Times in 28 Posts
|
this thread is actually going pretty good. I was a little supprised haha.
ya the amount is just an estimate as I would like to set plans and goals what not before I go out in the real world. and yes I do want a nice place and nice car haha.
$600 for food is including eating out, again, it's estimating.
$1500 rent is assuming a fairly nice one bedroom appartment in downtown including utility bills and what not. I did start researching how paying off a morgage can save me tax and possibily work out better for both investing and living in a nice place. since the housing market is going down right now there is a chance the money saved from my co-op work terms can help me with a down payment of some sort. But owning a home means a good $500 extra a month or so will be added on top for maintainance fee and property tax and etc. I will see how that can fit in to my budget.
btw, orange7 where are you studying EE?
| |
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
All times are GMT -8. The time now is 11:07 PM.
|
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
