Marcus is debt-free and diligent about saving. But he still feels unprepared to face the many expenses of downtown living.
Marcus is doing double duty as a server and a freelance graphic designer while saving up to move out on his own with a friend next fall.
“I know I’m luckier than a lot of people and that I’ve been able to live at home. But I’ve never had to think about saving my money like this, and I’m worried I’m not prepared to handle the expensive living in the city,” Marcus says. But he still feels unprepared to tackle the rising cost of living and the many expenses of living in downtown Toronto.
Can Marcus make his finances work for him to finally leave the nest? We asked him to share two weeks of spending to see what he can do.Marcus regularly puts $250 to $350 per month into a savings account. This is a good practice and a good sign that he is living below his means. The problem is he and his friend are budgeting for $700 per month each in rent for a shared apartment.
Marcus may be able to take on more shifts as a server or ramp up his graphic design work to try to increase his income and cover the shortfall.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bay St. George, St. John's RCMP supporting new Indigenous art works in detachments | SaltWireBAY ST. GEORGE, N.L. — The Bay St. George RCMP Detachment has commissioned local Mi'kmaq artist Marcus Gosse to create a new art installment for their ...
Read more »
Toronto cops seek help finding pickpockets working downtown nightclubsToronto Police are looking for help to find suspects wanted for for multiple pickpocket style thefts at nightclubs in the downtown core.
Read more »
Starbucks releases 2022 holiday drinks lineup and they’re as tasty as usualCelebrating 25 years of the red cup
Read more »
Starbucks releases 2022 holiday drinks lineup and they’re as tasty as usualCelebrating 25 years of the red cup
Read more »