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-   -   How much do you save per month? (https://www.revscene.net/forums/675045-how-much-do-you-save-per-month.html)

tiger_handheld 11-11-2012 12:42 PM

Quote:

Originally Posted by jasonturbo (Post 8078550)
My monthly bills are about 2300$ (1800 rent, 170 cell, the rest is various utilities and services) I own my vehicles, pay insurance for the year up front, and don't have any loans.

Work expenses are around 2k/month. (Mostly travel)

I gross about $30,000/month and pay a relatively low tax rate on capital gains with the first 32k being tax free dividend income.

So all said and done, I probably save about $20,000/month :nyan:

Yes I know my income is slightly retarded, but I'm smart enough that I don't live a matching retarded lifestyle.

I should mention that my career path has more or less destroyed my social life.


save 20,000 a month. did i read that right?
gross 30k a month?

you make 360k per year? What do you do?

mr_chin 11-11-2012 02:54 PM

Quote:

Originally Posted by murmur (Post 8051925)
Being an unemployed graduate, I went through a period with only $50 in my account (and looking for jobs at the same time).

I am lucky to have a job I love now, and I am particular with how much money I save per month.

Monthly income (after tax): $2300

I live with my family so I don't pay rent:
Monthly expense: $700
Save: $600
Spend the rest.

How much do you save per month?

So technically, your monthly expense is $1700.

jasonturbo 11-11-2012 03:11 PM

Quote:

Originally Posted by rizo (Post 8078657)
My guess would most likely be an engineer out in Fort Mc Murray. I've got some friends working out there grossing almost half that (in relative terms, it's still a lot!).

It also doesn't hurt when jasonturbo is making a killing in the stock market (check the "Stock Market" thread)

First of all, me and the stock market haven't really been seeing eye to eye lately lol.

Fort McMurray :fullofwin: Work has taken me all over Canada but I have spent most of my time in the Mac.

Engineer... not so much, I have no post secondary. My background is NDT/Inspection but I have more recently transitioned into a project management role. This is not a typical of the industry for someone in NDT to move into a PM role, I just happen to be very good at taking the clients money. I manage the indirect hires (Engineers, coordinators, inspectors, purchasers, etc), we focus mainly on planning and supporting the construction side (direct hires - people that physically affect the work), it's like adult babysitting. Right now I have about a dozen people who report to me.

My day rate is just shy of $1400 gross, I also get to bill from home as I see fit, I am pretty good at what I do and senior management more or less just leaves me alone as they are terrified of me quitting. I am the highest paid person on site with this company, and probably in the top 3% of the industry as a whole. It gets very hard to make more money once you break the 1000$/day mark, but on the bright side it only took about 4 years to hit that number.

Now before you pack your suitcase and head North, understand that the results I observed in this industry should not be considered typical.. it's a result of hard work, meeting the right people, and whole lot of dumb luck.

When the industry slows down you will find me serving coffee at Tim Hortons.

roughmandamn 11-14-2012 09:45 PM

Quote:

Originally Posted by jasonturbo (Post 8078765)
First of all, me and the stock market haven't really been seeing eye to eye lately lol.

Fort McMurray :fullofwin: Work has taken me all over Canada but I have spent most of my time in the Mac.

Engineer... not so much, I have no post secondary. My background is NDT/Inspection but I have more recently transitioned into a project management role. This is not a typical of the industry for someone in NDT to move into a PM role, I just happen to be very good at taking the clients money. I manage the indirect hires (Engineers, coordinators, inspectors, purchasers, etc), we focus mainly on planning and supporting the construction side (direct hires - people that physically affect the work), it's like adult babysitting. Right now I have about a dozen people who report to me.

My day rate is just shy of $1400 gross, I also get to bill from home as I see fit, I am pretty good at what I do and senior management more or less just leaves me alone as they are terrified of me quitting. I am the highest paid person on site with this company, and probably in the top 3% of the industry as a whole. It gets very hard to make more money once you break the 1000$/day mark, but on the bright side it only took about 4 years to hit that number.

Now before you pack your suitcase and head North, understand that the results I observed in this industry should not be considered typical.. it's a result of hard work, meeting the right people, and whole lot of dumb luck.

When the industry slows down you will find me serving coffee at Tim Hortons.

mad respect to you for making the money you do, working hard for it, and still sounding very humble. congrats

Tapioca 11-21-2012 01:44 PM

My monthly savings are $200 and they go straight into my TFSA.

The reasons why my current savings are so low are that I'm currently contributing to a pension program and I'm pursuing part-time studies.
Posted via RS Mobile

jordanwong 12-03-2012 04:45 PM

Quote:

Originally Posted by jasonturbo (Post 8078765)
First of all, me and the stock market haven't really been seeing eye to eye lately lol.

Fort McMurray :fullofwin: Work has taken me all over Canada but I have spent most of my time in the Mac.

Engineer... not so much, I have no post secondary. My background is NDT/Inspection but I have more recently transitioned into a project management role. This is not a typical of the industry for someone in NDT to move into a PM role, I just happen to be very good at taking the clients money. I manage the indirect hires (Engineers, coordinators, inspectors, purchasers, etc), we focus mainly on planning and supporting the construction side (direct hires - people that physically affect the work), it's like adult babysitting. Right now I have about a dozen people who report to me.

My day rate is just shy of $1400 gross, I also get to bill from home as I see fit, I am pretty good at what I do and senior management more or less just leaves me alone as they are terrified of me quitting. I am the highest paid person on site with this company, and probably in the top 3% of the industry as a whole. It gets very hard to make more money once you break the 1000$/day mark, but on the bright side it only took about 4 years to hit that number.

Now before you pack your suitcase and head North, understand that the results I observed in this industry should not be considered typical.. it's a result of hard work, meeting the right people, and whole lot of dumb luck.

When the industry slows down you will find me serving coffee at Tim Hortons.

geezus.. hook me up bro. i went to college for 5 years and still unemployed..:okay:


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