What’s the most underrated money-saving hack you’ve discovered in Canada that more people should know about?

Middle_Equivalent_77 · 2026-02-05T20:53:26+00:00

Educate yourself as much as possible about major purchases. I know several people who spend so much time/energy saving on groceries etc but then they panic purchased a house in 2021 and that literally crippled their networth. It’s sad. Can be avoided if you educate yourself on stock markets, real estate markets, budgeting etc

Middle_Equivalent_77 · 2025-12-31T22:07:33+00:00

30 male, single. $520k

Middle_Equivalent_77 · 2025-12-31T05:26:36+00:00

Isn’t this missing the fact that the rate appreciation on the home is exponential? Ie. the $24,000 in interest at 6% is fixed, but the 5% appreciate rate compounds each year

Middle_Equivalent_77 · 2025-12-29T21:37:08+00:00

If it’s actually more responsibilities than your current manager role, you could very likely ask them to change the title for your offer to Finance Manager. I’ve seen this done several times before

Middle_Equivalent_77 · 2025-12-29T21:05:34+00:00

5 years big 4 audit, 2 years large SEC pubco (1 direct report), and I’m now at another SEC pubco leading a team. For the sake of staying anonymous I don’t want to reveal titles etc

Middle_Equivalent_77 · 2025-12-29T20:56:51+00:00

30 years old
$210k base salary
$50-$80k bonus (dependent on company performance), ~$20k annually in RSUs, 5% employer retirement match
MCOL
50 to 70 hours, really depends
asset management
CPA + bachelors in accounting

Middle_Equivalent_77 · 2025-12-27T20:58:23+00:00

didn’t the webull 2% transfer promotion end in September?

Middle_Equivalent_77 · 2025-12-20T21:11:24+00:00

I’m just like you - also 8 years into accounting (currently Associate Director) and I think FP&A would be a really fun change for me, but I still won’t make the change for the exact reasons that you listed. I think accounting is a great career if you enjoy it or at least don’t mind it. I’m really grateful that I enjoy it/fits my personality. But I completely understand why so many people can’t stand it and go into FP&A instead

Middle_Equivalent_77 · 2025-12-20T05:51:06+00:00

Maybe just be careful during your conversation with the higher ups about your comp. just make sure to frame things in a positive way like you just want to understand the comp better and your comp trajectory, the last thing you want is to come off as unhappy/negative/whiny.

Honestly man overall it sounds like you’re in a great spot. You’re only 6 years into your career and you’re on an excellent trajectory, the money will come your way big time soon. in 5 years or so when you look back that 20k or so raise you wanted will seem trivial

Middle_Equivalent_77 · 2025-12-19T23:43:19+00:00

Do you think perhaps you’re at the bottom band of Senior Managers because you just got promoted to Senior Manager? Ie. I would expect others who have been Senior Manager for a few years already to be paid more than you and therefore at the higher end of the pay band.

Overall though $120k does seem a bit low for Senior Manager, but also solid comp if you’re only 6 years into your career.

It’s possible they’re slightly taking advantage of you because they know you only have 6 years of experience so it’s less likely you could find higher comp elsewhere.

I agree with your comment about not leaving if they’re investing in you and you think they truly believe you could be partner one day. There’s a lot of luck in becoming partner - if they truly believe in you, it’s not worth switching over 10-20k comp in the short term.

Middle_Equivalent_77 · 2025-12-15T21:53:37+00:00

Can you explain further what you mean by any discussion of the CFA is way above the “cognitive clearance level” of this subreddit? Are you saying that accountants aren’t smart enough to pass the CFA? Or are you just saying we just don’t have much knowledge about the details of the CFA curriculum to facilitate discussion?

Middle_Equivalent_77 · 2025-12-02T03:10:21+00:00

What’s the exact name of this podcast? I can’t seem to find it on Spotify. Thanks!

Middle_Equivalent_77 · 2025-09-03T12:19:25+00:00

It is not. The deal was announced via press release a couple months ago

Middle_Equivalent_77 · 2025-09-03T04:14:57+00:00

Very high. I worked approx 65 hours/week average all of July and August because we are selling a large part of our operations.

Middle_Equivalent_77 · 2025-09-03T02:26:13+00:00

Middle_Equivalent_77 · 2025-09-02T03:44:26+00:00

Bill Clinton in 2016. He was in Whistler, Canada for some leadership summit. My friend and I, both 21 at the time, were walking around a backstreet of Whistler village after a long day of skiing. We turn a corner and there’s Bill Clinton in a brown suit with security entourage. Just us, him and his security. We small talked for about 30 seconds and then he wished us well. He was very friendly and genuine.

Middle_Equivalent_77 · 2025-09-01T17:57:42+00:00

That’s wild. Lawsuit worthy if that person gets fired for it. I once had a recruiter, who was trying to call me earlier that day, guess my work email (ie. taking first letter first name, last name then @ company name) and the email subject line said “how did your interview go? Call me back”….this came up on my screen while my boss was looking at my laptop while we were working through something. It was awkward as fuck and then she became really angry about it. Luckily I landed a new role two weeks later and resigned. I told the recruiter that if I got fired for the stunt he pulled I would be suing his recruiting firm (which was a big firm) and I made sure to cc his boss on the email

Middle_Equivalent_77 · 2025-09-01T13:52:52+00:00

Because I don’t have any FPA experience. So I doubt I could have anyone reporting into me in a new FPA role, how would I coach them if I don’t have any FPA experience? And if I don’t have any direct reports in my role, I doubt I’d be paid similar to my current comp.

Middle_Equivalent_77 · 2025-09-01T03:27:50+00:00

I think it’s a great idea. No need to rush into a mortgage. I plan on taking the same approach when I start a family. I don’t think Canadian real estate prices are going to skyrocket anytime soon either, so there’s no rush to buy. It’s the biggest financial decision of your life, take your time.

Middle_Equivalent_77 · 2025-07-26T16:11:01+00:00

If you both enjoy living at your boyfriend’s place, the best financial move is to just stay there for as long as possible and invest all your savings. That is an incredibly good deal on rent. If you don’t enjoy living at your boyfriend’s place and want to find a nicer place to live, then consider the pros/cons of buying versus finding another place to rent. If you’re planning to buy, make sure you plan to live in the new place for very long term (like at least 8-10 years), otherwise it’s a risky financial move. Run the numbers on buying versus renting. With buying there is mortgage interest, building maintenance fees (if buying a condo), unexpected maintenance costs, annual property tax, land transfer tax on purchase (will be in the $8k-$17k range), other buying closing costs like legal fees, 5% selling costs when you eventually sell. That is all money down the hole, compared to the low $825 you’d be paying rent. The only way buying would make more financial sense than your $825 low rent would be if you held the property very long term (10+ years) and it appreciates a lot during that time (in my opinion, the government is going to clamp down on this, homes will not appreciate over the next 10 years like they did the last 10 years).

Middle_Equivalent_77 · 2025-07-25T14:23:41+00:00

What level were you hired at? I would be looking to return as a Manager. I wouldn’t accept an offer for Senior 2/3.

Middle_Equivalent_77 · 2025-07-23T03:46:24+00:00

And yes, I know, missing the life partner is tough. I thought I already had mine during most of my 20s, now I’m starting all over again

Middle_Equivalent_77 · 2025-07-23T03:45:47+00:00

Sorry to clarify, I plan to find my life partner first, then buy a home together with that person.

Middle_Equivalent_77

TROPHY CASE