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Originally Posted by EvoFire
If you can cut out the nicotine and weed that's another $1400. Also do you not drink? It not kudos. I think I go through about $350 worth of alcohol a year.
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Nope, I don't drink. Well.. I make 2 exceptions/year but I don't pay for alcohol. A few years ago I got a stomach lining issue following the vax + binge drinking during lockdown, so alcohol had to be cut out completely.
Tho I am happy to report that I've been completely sober from weed for about two months and I feel a lot better mentally. It's nice to be able to think clearly. Kinda felt like a fenty zombie for a bit.
Quote:
Originally Posted by EvoFire
My life insurance isn't that high and I'm significantly older. If you can kick the smoking habit, see if you can get it reassessed. I have both full life and also term insurance. Unless your full life is a very high amount.
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I wonder if it is the smoking that is resulting in this high of a life insurance premium. At the time, ten years ago, the difference wasn't that drastic, and my rate hasn't changed.
I hold two policies:
CanadaLife - $1014
Equitable - $2,266.04
I don't remember why I carry it.. aside from I've been paying it for the last ten years and it feels like a waste to cancel it now that im at 50% paid.
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Originally Posted by EvoFire
Eating out is coming in at around at least $20 per meal if you aren't absolutely scraping the bottom of the barrel doing coupons at subway or whatever.
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I think I was coming close to $35-80/meal depending on where I was. I like appy + main lol. And then there's the opposite spectrum with AYCE.. but man that's gotten a lot more expensive than in the 2010s.
Part of it is also the smoking weed thing, which by not doing, I'm hoping will help with not overordering or wanting to go out and eat all the time. Tho I'm starting to realize this probably has smt to do with mental state of being as well.
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Originally Posted by EvoFire
Fresh Prep - it's the best one out of the three we used, but also the most expensive. You are looking at around $15 a meal depending on promotions and bulk order discounts.
Buying your own and cooking would be around $10 a meal average, more or less dependant on how extravagant you are.
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In 2020, I was doing keto (which I'm tempted to do again), it was around $6.23/meal. Tho I was buying the cheapest of meats at Freshco.
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Originally Posted by EvoFire
Are you making more or less with the new job?
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I should be making about $10K more after tax with the new job.
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Originally Posted by EvoFire
I would not cut out trackdays completely. But instead of 5, do 2?
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I think a happy medium number would be 2-3, but at one track. Doing the track roulette isn't it. It takes me 1 full day to get reacquainted from prev year, so it makes more sense (and I find more fulfillment) in focusing on one track.
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Originally Posted by 68style
He’s probably not able to keep the minimum balance required for no fees… usually $5-6k
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Yep, I don't have enough cash flow to keep the minimum balance required - I think for BMO it's 6K? I primarily bank with Simplii anyway, I had the BMO open for investments that I liquidated a few years ago and then they gave me a LOC. I'm not sure if I can retain the LOC, but cancel the bank account.