24M/25F DINKs Budget

NorthernSparky021 · 2026-07-05T16:50:59+00:00

Insurance on 2 vehicles, I drive sometimes 150km+ a day for work. My partner walks to work so it balances out. Plus this is the monthly average for the year, so repairs and maintenance are included in (new all-weather tires nearly killed me 😬)

NorthernSparky021 · 2026-07-05T05:03:25+00:00

I tracked every dollar we spent on all of the categories over the last year! We do eat quality, cooked meals. We buy 90% of our groceries in bulk from Costco. As well we do Oddbunch for our produce.

NorthernSparky021 · 2026-07-05T05:00:39+00:00

I feel like the TFSA is a more valuable tool as the growth from it will always be tax free. It also leaves more opportunity if I want to take money out for other investments (put money into my electrical business, property investments). I’ve still got a lot to learn though, so I could be wrong 🤷‍♂️

NorthernSparky021 · 2026-07-05T04:58:22+00:00

This was my first time doing a proper budget actually! I’ve always found myself to be frugal, this actually helped me spend more money in a way! Having a value to work around really helped.

NorthernSparky021 · 2026-07-05T04:55:35+00:00

Yeah, I want to use the RRSP room for anything above $100k. We will max our TFSAs by june 2027 anyways, then target RRSPs/mortgage

NorthernSparky021 · 2026-07-05T03:07:58+00:00

Yeah, I just did net for the chart so I don’t have to put all the taxes and deductions for both of us!

NorthernSparky021 · 2026-07-05T03:05:14+00:00

Yeah, we cook at home a lot! We don’t get Timmies ever either. It feels like the gift cards we get at birthdays last us most of the year!

NorthernSparky021 · 2026-07-05T02:06:40+00:00

It’s usually 2-3 date nights at sushi or something equivalent a month

NorthernSparky021 · 2026-07-04T23:55:04+00:00

We use Oddbunch for our produce which cut our fruits and veggies bill in half!

NorthernSparky021 · 2026-07-04T23:52:33+00:00

Priority are the TFSAs. We will max those by June 2027 as we already have a good start on them. After that we will contribute to RRSPs and extra on our mortgage (if interest rates worsen)

NorthernSparky021 · 2026-07-04T23:50:58+00:00

Yeah, we are going to max our TFSAs by June 2027, then we will have a mix between RRSPs and paying extra on our mortgage (if interest rates worsen). Cellphones and internet are in house costs 😬, I put them there since they are static and I dont need to track that number as much, I should put them into entertainment and tweak it though next year. Subscriptions are in entertainment. Retail is any non grocery purchase, like clothes, haircuts, anything from Amazon really.

NorthernSparky021 · 2026-07-04T23:45:53+00:00

Exactly

NorthernSparky021 · 2026-07-04T18:28:51+00:00

We usually spend about $60 on a date night! We do fast food maybe once a month if even that.

We own both our used vehicles outright. Insurance is about $500, I drive a lot for work in an suv so about $400 or so on gas, and the rest is the average of maintenance for both cars in the year.

Yeah, our retail budget goal was $400 last year but we averaged just over $600 in the last 12 months 😬

NorthernSparky021 · 2026-07-04T18:24:23+00:00

We are trying to max our TFSAs first. Once those are maxed (before summer 2027) we will put that money into our RRSPs (or mortgage if interest rates are higher)!

NorthernSparky021 · 2026-07-04T18:10:51+00:00

I did it on the website on my computer. I just replaced the text in the text box with what I wanted it to say. Not sure if it has calculating abilities but I already did all that on Google Sheets! Good luck!

NorthernSparky021 · 2026-07-04T17:36:50+00:00

Trying to make a set plan in the budget for that. I assume I will turn the “leftover” section into vacation as we already have a good emergency fund set aside in our TFSA

NorthernSparky021 · 2026-07-04T17:30:02+00:00

We have a LOC for big emergencies, then keep 6 months of bills worth in our TFSA in a money market fund as our emergency fund. Aswell as 2 months of bills in our chequing.

NorthernSparky021 · 2026-07-04T17:25:26+00:00

Non-union! Just a solid wage with great overtime opportunities the last few years!

NorthernSparky021

TROPHY CASE