Give Me Back My Five Bucks

Currently browsing: monthly goals

Updated the sidebar

Okay, so today is pay day. Unfortunately because I work for a professional hockey team (farm team to an NHL team) as my part-time job, they were away for the past two weeks, so I didn’t get any shifts. Just one pay cheque today, but that’s okay.

The sidebar is updated with new totals. I paid off my doctor’s bill of $200 for my surgery. Then I put $100 into my emergency fund – yahhh I’m over $500 now too NIUiceprincess! :) I put $125 in my condo down payment fund, and $50 into my RRSP contribution. Unfortunately, because I didn’t get a second pay cheque, and because I had that doctor’s bill, I’m now off track for my monthly debt repayment goal. I wanted to put $1,000 away every pay cheque, but I’ll have to settle for $700 this time. I’ll try to make up the extra $300 on the next cheque, but that might be pushing it a little too tight.

March Goals (mid-month review):

  • Talk to potential client for my graphic design business, and get a contract signed. I have yet to touch base with the client, though I do know that she is finalizing her budget for the year. I should be hearing from her soon.
  • Take on a 3rd job that will yield 10-15 hrs/month or less. I spoke with the supervisor of the organization I want to work for, and he told me to fill in an application and submit my resume, and he’ll get the ball rolling. There’s a 95% chance I’ll get hired, so I’m not really worried. But I still should get on submitting that resume.
  • $2,000 towards my line of credit. Currently, I’ve put $700 towards the LOC. $1300 to go, and one pay cheque remaining this month.
  • $1,000 towards my student loans. DONE!!! :)
  • $150 towards RRSP. $100 contributed so far, so I’m right on track.
  • $75 towards Condo Down Payment fund. I’m happy to report I’ve contributed $200 so far!
  • $300 into my Emergency Fund. $200 so far, so I’m on track for this one.

One step forward, two steps back

Well, not quite. Yesterday, an hour before I launched this website I dropped just over $3,000 on a new 24″ iMac computer. Let me be the first to admit that 1) I did not need to get an iMac, and 2) I did not need to load it up with a ton of add-ons. That being said, I’m considering it an investment in my graphic design business. Let’s face it, working on a crappy Seanix PC laptop just wasn’t cutting it anymore. Plus, if it’s any consoloation, it’s tax deductible. I know I shouldn’t have to justify splurging a little lot. What’s done is done, and I’m very happy with my purchase. I should get it in the next week or so, and I’l be sure to post pictures. :)

Let me start off by saying that I am by no means a financial expert. In fact, I hardly know anything about investing. Up until a year ago, I was living paycheque to paycheque, up to my eyeballs in debt. Some months, I could barely make ends meet. It was horrifying and embarrassing. I made some dumb mistakes when I was younger (including lending money to a significant other, who obviously never paid me back), and I am determined to make up for lost time. Just thinking about all the money I’ve wasted over the years makes me sick to my stomach. I think a lot of my friends think I’m “money-obsessed” these days, and think I’m too wound up in it all. Maybe I am, but maybe I’m okay with that. I want to have the financial freedom to do anything I want to do, and that is my ultimate goal.

My job. I currently have one full-time job @ 35hrs/week, and one part-time job that gives me approximately 20-35 hrs/month. Combined, I gross about $4000/month, and actually net around $3000/month. That’s a decent salary for someone my age, and with my education. That’s also not including any graphic design contract work I receive.

After fixed expenses such as my cell phone bill, rent, groceries, RRSP contributions, and Mutual Fund contributions, I am able to put $2000 towards my debt. Any money left over at the end of the month gets put into my emergency fund. As I write this, I’m carrying about $6,500 worth of debt. Because March is a 3-paycheque month, I’ll be able to put away a little more. Hopefully.

March 2007 Goals:

  • Sit down with a potential client for my graphic design business, and get a contract signed
  • Take on a 3rd job that will yield 10-15 hrs/month or less
  • $2,000 towards my line of credit
  • $1,000 towards my student loans
  • $150 towards RRSP
  • $75 towards Condo Down Payment
  • $300 into my Emergency Fund
Page 76 of 76« First...506070«7273747576

Buy the Book!

A beginner's guide for Canadians looking to get their financial life in order. Get great info on budgeting and saving, RRSP's and pensions, investing types, insurance, and where to go for additional resources.

Recent Tweets

  • Just put the deposit down on our wedding caterer. Worth it for sure but damn.
  • Has anyone been to Mongolia before? Looking for recommendations on private tours & must sees. Thinking of 8-10 days.
  • Budgeted $1,600 for our wedding rings, but over the weekend we went to a jeweler in my hometown who said he could make them for $550. Score!


  • RDs parents are in town for the weekend so wehellip
  • Butternut squash coconut curry! Enough for dinner tonight and lunchhellip
  • Tired cutie! meow
  • Lazy Saturday afternoon catlife
  • Sun Nin Fai Lok! Happy New Year! Gung Hey Fathellip
  • A little late to the party but my old landlordhellip
  • Shopping for a new lighting fixture for our dining roomhellip
  • Finally got to try eatsuperbaba and it was amazing Sohellip

© 2018. Give Me Back My Five Bucks. All rights reserved. Powered by WordPress & Designed by Mike Smith