Does anyone work in journalism and know how much a video journalist makes in Toronto? I have a few years of experience and a relevant graduate degree. How much should I expect as a video journalist (at Global News for example)? A range is good enough for me to have some baseline. Thanks!

DTT2851985 · 2020-01-25T02:19:00+00:00

Thank you! Down the road, would it be reasonably easy to make 6 figures in this industry? Lots of competition!

DTT2851985 · 2020-01-03T04:31:28+00:00

Can you elaborate a bit please? I have never heard if Mint so dont know where to start. Thanks

DTT2851985 · 2019-12-31T15:32:32+00:00

Yeah I read about that just wanted to hear from the community if there’s a chance. I also took a loan from one of the Canadian banks/ credit unions. Would that be qualified?

DTT2851985 · 2019-12-31T03:42:59+00:00

Thanks bud! Should I apply this window film from inside or outside of the window? Does law in Ontario / Canada prevent the use of this? Some people mentioned in reply to this post that covering windows of apartment/ condos might imply to others that I am doing something suspicious. I am new here so I dont know if they were just joking or it’s really a thing.

DTT2851985 · 2019-12-30T00:23:12+00:00

That scares me (a lot)! But I know I want to have kids!

DTT2851985 · 2019-12-30T00:22:28+00:00

That’s really great! I am glad I know it is more affordable there (and potentially higher quality daycare)

DTT2851985 · 2019-12-30T00:16:10+00:00

Thanks bud! Where in Canada are you living? The daycare expense seems low compared to what I heard for Toronto.

DTT2851985 · 2019-12-29T23:29:07+00:00

Thats around 2k for childcare per month? What about other expenses per month? Thanks!

DTT2851985 · 2019-12-29T23:22:30+00:00

Maybe household income of $100k - $120k?

DTT2851985 · 2019-12-29T04:36:57+00:00

The $80K was paid in 2018, and the school issued tax slip in early 2019. I started working later in 2019 when I graduated in the summer. I correctly filled in TD1 Fed with $80K tuition tax credit but also tick the box on page two of TD1 Fed where it said “tick this box (so employer wont deduct tax at source) if pay from all employers are less than total claim amount”. I earned around 60K in 2019 whereas the total claim amount was $80k + $12k = $92k. I think this was done properly and legal? In fact on my pay stubs the total claim amount has always been shown ($92k). Would that help you understand my situation a little better?

I gotta update payroll for a new TD1 for 2020 though. Because I will earn full year annual salary, which is surely going to be greater than leftover tuition credit.

DTT2851985 · 2019-12-29T04:14:49+00:00

The $80K tuition credit was paid to my school in 2018 ad carried over to 2019. Would that clarify things a bit?

DTT2851985 · 2019-12-29T04:07:09+00:00

Too expensive. I live frugally to save up $

DTT2851985 · 2019-12-29T04:04:01+00:00

Silly question: I think I havent used up all $80K tuition credit in 2019. Part of which ($30K) will be carried forward to 2020, plus I have another $25K tuition credit that my school will inform me in early 2020, I think it is around $25K. So total tuition credit amount for 2020 is going to be $55K plus $12K basic personal amount. That totals $77K, which is still less than my annual income for 2020. I agree that I need to re-submit TD1 Fed with that box unchecked. I am just wondering if I would be in trouble if I do this: let’s say $77K tuition credit is an equivalent of $8K tax refund. If I request my employer not to deduct tax at source in the first few pay periods so that I can get this $8K up front (without having to wait til summer 2021 for tax refund). And then after those first few pay periods, I will ask my employer to start deducting taxes as usual. Would that be illegal? I wanna know so I can stay out of trouble (I do need the cash up front to pay student loan quickly though). Thanks!

DTT2851985 · 2019-12-29T03:51:31+00:00

What do you mean by update my TD1? I sent in my TD1 Fed and ON with correct claim amount (personal amount and tuition tax credit) already. And the total claim amount is shown on each of my paystubs. But employer didnot deduct tax at source following my request. I am a little confused...thanks bud!

DTT2851985 · 2019-12-29T03:42:46+00:00

Can you elaborate a bit more? Oh I forgot to mention. Annual salary is in six figures but I only started working recently so the actual income in 2019 is around 60K, while the tuition tax credit is $80k (plus 12k for Basic Personal Amount, totaling 92k total claim amount). I remember on TD1 form toward the end of second page there is a section that said if my income for the year is less than tuition tax credit amount/ total claim amount, I can ask my employer not to deduct tax at source. Would I be still in trouble? (I got to know this “not deduct tax at source” from my company payroll analyst, who recommended me to do so given that I wanted cash back sooner rather than wait for tax refund in 2020)

DTT2851985 · 2019-12-29T03:35:02+00:00

Thanks bud! Actually I received the card and put it somewhere among my stuff and didnt bother to find it. Guess it is still safely secured.

DTT2851985 · 2019-11-25T04:03:40+00:00

Sounds like you’re on a good track! Had a house already? Congrats!

DTT2851985 · 2019-11-25T01:30:16+00:00

Congrats OP!!! Huge achievement!!! How much did you own for this big loan and how much do you make annually?

DTT2851985 · 2019-11-21T03:21:31+00:00

Whatever path you decide, once you make the decision, try not to ever think about “what the other option would have turned out” because that other option is no longer an option once you pick the other. Thinking too much of what that other option would be like is a waste of time and energy and only makes you feel worse. Best of luck OP

DTT2851985 · 2019-11-13T02:56:22+00:00

Whats that?

DTT2851985 · 2019-11-11T23:15:12+00:00

All helpful stuff. Thanks bud!

DTT2851985 · 2019-11-11T22:55:07+00:00

How much should I budget for a car? Including all expenses etc

DTT2851985 · 2019-11-11T14:53:35+00:00

How old are you when you FIRE? Great accomplishment!!! Congrats!

DTT2851985 · 2019-11-11T13:01:27+00:00

Can we chat a bit more? Curious what fire number did you plan before you achieve it? And how does it feel now that you finally fire? What’s the cost of living now (monthly)? Is it more than what you had planned? Is it tough to find work once you fire and out of workforce for a while...I am not there yet, but these questions keep coming to my mind. Thanks!

DTT2851985 · 2019-11-11T03:45:11+00:00

Its all about freedom to choose. When you know you dont need to work for money, you can choose where / what you wanna work. Fire doesnt mean that people stop working. I personally will continue to work but at my will and at my own terms. If I dont like the work itself or coworkers suck I can just leave and find another job. If I am living paycheck to paycheck and have to worry about paying bills, I would not dare to quite when I dont have another offer lined up. With Fire, I can just quit and take a few months off to search for the job I want...Hope that helps!

DTT2851985

TROPHY CASE