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My annual budget for 2019:
(The amounts underline in yellow are those that been spend so far for 2019).

Job (after taxes): $35 000
Online: $200
Dividend (non-registered): $5 019.66
Dividend (TFSA): $2 280.31
Dividend (US): $62.72 = $85.30 CAN
CIBC Dividend Visa (2% payback) of 2018: $52
PC points cashback: $300 (probably)
(I am not adding the dividend earn inside my RRSP portfolio)
TOTAL: $42 937.27

Rent: $680
Grocery: $80 per week x 4: $320
Coffee: $9.75 ($3.25 x 3 times a week) x 4: $39
CraveTV: $11.49
Internet + Cable: $71.79
Cell: $40.24
Weekend money: $24
Gym: $14.38
Insurance: $7
Banking fees: $2.95
TOTAL: $1 210.85 x 12: $14 530.20 – $150 Metro gift card – 1 vacation month $383 ($320 + $9.75 + $24): $13 997.20

Cuba trip: $985 + transport to airport $120 + excursion $100 + $30 gifts + $30 tips: $1 265
Easter vacation: $300
Summer vacation: $1 500
October vacation: $300
Christmas vacation: bus tickets $170 + Christmas gift $200 + pocket money $50: $420
TOTAL: $3 785

Haircut: 6 times a year @ $65 : $390
Make-up: $25 x 6: $150
Deo: $4 x 12: $48
Night beauty cream: $60 x 5 : $300 – current $90 PC points: $210
Day time beauty cream: $20 x 5: $100
F pads: $17 x 12: $204
Toilet paper: $120
Laundry ticket: $38 per month: $456
Soap: $4 x 6: $24
Laundry soap: $10 x 6: $60
Shampoo and conditioner: $24 x 5 : $120
Hair product: $45 x 3: $135
Cleaning product: $72
TOTAL: $2 089

Dentist: $1 per year
Optometrist: $50
Dental health care: $372
Magnesium + calcium: $133.50
TOTAL: $675.50

Community lottery: $104
Antivirus: $22.99
Web site domain address: $13.24
Tax declaration: $117.26
Renewal driver licence: $90
TOTAL: $347.49

CLOTHES: $100 x 10: $1 000
OTHERS: $500



Anonymous said...

3 years ago, you only had monthly payments of $1,131. Today you have monthly payments of $1,500. That's quite a difference in 3 years (10% annual increased).
That shows just how much more money you will need to retire in 30 years because of inflation. Stocks that pay a high dividend now and doesn't increase them or cut them is no good to keep up with inflation; you need companies that increase their dividend.

Sunny said...

Fact is, I am spending more now than 3 years ago. That's why I started a My Monthly Budget page so I can win back the control. I am spending too much on coffees and eating out, basically. My rent is more expensive too, unfortunately.

But of course, getting my hands on company that increases their dividend overtime will only help for sure.

Its interesting to see how closely you had been watching me. Is there anything else you know about me? :)

Anonymous said...

Hey Sunny, Jeremy here. Just read your posting about the food budget. If it is any encouragement to you, our family (my wife and 3 kids) live on $350.00 a month for food. Some of our friends who have less kids spend like $800.00. Now, with $350.00, we don't have many fancy dinners and we eat a lot of sandwiches, but it can be done. Although our 16 month old is starting to eat more and more now, so that $350.00 may become $375.00 shortly.

When I was in college, I was able spend only $6.27 one week on food. Sure, it was peanut butter and jam sandwiches for 2 out of 3 meals and dinner was macaroni and mushroom soup, but those were the it can be done for sure...


Sunny said...

Hi Jeremy,

Thanks for sharing your monthly grocery budget.

Wow, $350 for a family of 3 kids and 2 adults! It take a lot of discipline to live on a so low amount. But as you say, it can be done.

Anonymous said...

Just wondering where you get internet for $23. a month or is it pay as you go? Thanks Dale.

Sunny said...

Hi Dale,

I am with Videotron for my Internet. I am happy with the service. I got a 12 months deal at that price.

Anonymous said...

If you only have 1,400 in monthly expenses and make over 40k a year, what are you doing with your dividend money

Sunny said...

I dot a lot of stuff with my money!

I invest on a regular basis. I sometime use the money to decrease the amount I own on my margin account.

I use the money to pay for my trips to New Brunswick. I used the money to cover some extras and/or regular living expenses... etc etc etc.

Anonymous said...

no tv? no electricity? very frugal lifestyle

Sunny said...

Television these days is junk.

Electricity is included in my rent.

Anonymous said...

Hi Sunny,
I am surprised you are paying bank fees. Mine fees are usually 7 to 11 dollars a month but I get them all back as the bank credits me those fees monthly. Last year I made a savings or interest of 7.1 percent on the balance I keep in the account.

As for internet, I like you, am paying about the same. I am paying 23.39 dollars per month, billed twice a year. I have had my email addresses and this price for the passed ten years.

My cellphone bill is 25 plus tax every month and will not be any higher.

Living simply is the only way to go. Chat with you again soon.


Anonymous said...

Oops I forgot about television...its free.
It has always been free.


Anonymous said...

Hi Sunny:

I hit this page after reading your 6.2 Blog.

Noticed the $23 internet and wanted to shar my experience - I too had my internet down to $24 I think it was - the 12 months came due and I played same game of I am going to go to competitors unless you keep it the same - - they would only give me the best deal they had that matched competiton - bascially said - leave if you have to cos there is no better price - - got talking with the phone lady and she said real trick is to keep watching watching watching the deals -and do NOT wait til the 12 months is up - in fact if after 7 months you see better deal from someone - you call them and make them match and it lasts for 12 months. Now i pay $32 but I am watching - not locked in for 12 months and pray fro price war

Sunny said...

Thanks for sharing your saving tips.

Money never stay very long in my banking account. It goes over stock purchase or paying down my margin, that always is going up no matter what I do...


Couponschneider said...

That is very impressive. The most women I know don't like finance issues and don't like talk about saving money and investing.

How many proposals of marriage do you get per day? :-)

Couponschneider said...

Your frugality and your income by dividends are very impressive. The most people I know don't like finance issues like investing. The women are more desinterested than the men. How many proposal of marriage do you get per day? :-)

Sam from The Nude Investor said...

Nice that you still keep such a simple, non-extravagant lifestyle even though you now have over 200K in assets. Great to see.

Anonymous said...

Very impressed with your discipline and attitude. I lived the same way and born in Nova Scotia....saved money every penny I could, & feel lucky to have had great returns over the years, I did private mortgages that pay 12 percent plus a 2% fee and was able to really pull ahead financially. The stock market I have used several brokers and was able to do ok but now totally on my own other than insurance policies I hold within my holding company to avoid some taxes when I retire. My TFSA is just over 130 thousand and RRSP is close to 3 million. I built a new home and spent 1.6 million cash so money is no longer a worry. No debt and bought a home in Florida 16 years ago that is now triple in value to 725,000 US. It all started by opening a savings account when I was 6 years old with 29.00 I had saved. I had 3 bank books with no withdrawals when I entered university. Worked and lived at home saving enough to graduate debt free. You can do anything you put yourself into 100%. Great job.


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