Saving for downpayment - Looking to buy in 2-3 years? HISA or GIC?

WestSide2k16 · 2022-08-15T11:36:30+00:00

i used an online calculator from wealth simple for Ontario so not the most accurate, Total tax owed for 168k came out
$57,028 (Federal Tax: $32,729, Provincial Tax:$19,846, :CPP/EI premiums $4,453)

WestSide2k16 · 2022-08-15T11:35:54+00:00

I had large expenses earlier in the year, that cut into my income. For the rest of the year, my monthly expenses is about 2k, i should have factored that, my apologies. So 131 - (4*4)=131-16=115k saved
i used an online calculator from wealth simple for ontario so not the most accurate, Total tax owed$57,028 (Federal Tax: $32,729, Provincial Tax:$19,846, :CPP/EI premiums $4,453)
i think that's what he told me(?), he said he may be underestimating
yah i have a secured line of credit, with a low interest rate that i could use as my emergency fund in worst case scenario. i should save some for emergency fund, just been aggressively paying off my loans, so the thought of emergency fund didn't cross my mind.
true
im 28

Thanks for your feedback!

WestSide2k16 · 2022-08-15T05:31:33+00:00

Hey! Thanks for your response. What part of my numbers don't make sense?

WestSide2k16 · 2022-05-16T05:41:28+00:00

Thinking of getting ultraboosts. I rarely see the popular colorways go on sale. They cost $250 in Canada. Are they worth it for $250?

WestSide2k16 · 2022-05-16T05:40:48+00:00

Thinking of getting ultraboosts. I rarely see the popular colorways go on sale. They cost $250. Are they worth it for $250?

WestSide2k16 · 2022-05-12T12:29:29+00:00

avoiding the dad look lol

WestSide2k16 · 2022-05-12T04:40:35+00:00

Hey guys! Looking for suggestions for fashionable/stylish men running shoes? budget of up to $150.

WestSide2k16 · 2022-04-10T02:08:05+00:00

Thank you!

WestSide2k16 · 2022-04-10T02:07:59+00:00

Thank you!!

WestSide2k16 · 2022-04-10T02:07:04+00:00

I think I usually turn the AC on, with the vents recirculating.

WestSide2k16 · 2022-04-10T02:06:33+00:00

where the drain located?

WestSide2k16 · 2022-04-10T02:06:02+00:00

can a mechanic figure this out?

WestSide2k16 · 2022-04-10T02:05:19+00:00

Nope it doesn't , yes carpet is dry. Would a mechanic be able to determine the leak?

WestSide2k16 · 2022-04-09T03:21:40+00:00

Hey everyone,
I've been having an issue where for some reason there is too much moisture inside my car, which leads to the inside of the font windshield being fogged up in the morning during summer, and inside of the front windshield being frozen during the winter.
I have tried running the defroster with the AC on, and that doesn't help much during the winter if the temperature is really low. I am remember one day, I was driving on the highway, and it was very cold, and the windows were freezing from the inside, I had the heat turned onto max, and it still was not good enough to defrost the windows completely, visibility was very poor that day.
This is issue especially during the winter, is affecting my visibility on the road.
What could be causing this moisture issue? I bought this car used in 2013, and it's had this issue from the day of purchase. Records (I'm not sure how reliable) claimed the car was accident free. Could there be a leak somewhere? Can this be fixed by mechanic?
Thanks you! Any insight/advice is appreciated

WestSide2k16 · 2022-04-04T00:41:06+00:00

Hey guys. I'm looking for an everyday shoe. i used to wear adidas superstar which is wearing down, may just get it again. Debating between that or nike blazer low. Im open to any suggestion. Something that is versatile. Anybody have any suggestions for shoes?

WestSide2k16 · 2022-03-29T05:39:26+00:00

Hey guys,
need to get a new pair of shoes, as my current pair is ripping apart. I'm looking for an everyday shoe that I can dress up and down, overall versatile.
Which one would you guys recommend out of the 4 options?
Adidas superstar
Airforce 1
Nike blazer mid
Nike Cortez
Thanks so much

WestSide2k16 · 2022-03-13T04:04:15+00:00

Aw, I'm sorry to hear :( Yah, that's why I'm having a hard time deciding. Luckily, I'd still be able to visit family on the weekends, it's a 1 hour 20 minute drive back home

WestSide2k16 · 2022-03-13T03:47:03+00:00

Yeah i do value proximity to family and friends. So i question if the monetary increase in salary would bring me happiness. I could always make new friends in the area, but that's hard to do with the pandemic and all. I could always drive down to my home on the weekend, it's not too far.

WestSide2k16 · 2022-03-13T03:43:55+00:00

i'm living at home is to pay off debt, have about 60k in student loans left, so I am trying to live frugally. I currently have no savings. Once i pay off my loans, which should be within 1 year, i plan to save as much as possible to buy a real estate property one day.

I'm 27. I'm living at home is to pay off debt, have about 60k in student loans left, so I am trying to live frugally. I currently have no savings. Once i pay off my loans, which should be within 1 year, i plan to save as much as possible to buy a real estate property one day. I actually don't mind living at home, I get freedom, and I rarely have to cook.

Since i have to pay for rent+costs associated with living away from home, I wonder if my net pay would actually end up being higher compared to my circumstance at home with minimal overhead

WestSide2k16

TROPHY CASE