Depending on your commute, if you invest money into a bicycle, you can save money on transportation costs as well as gym membership. You can use the money you saved for maintenance costs for that bike and still have money left over for other things. The bicycle is one of the best return on investments you can ask for.
When I first moved out on my own in 87 I was living in New Brunswick. I paid $50/week room and board. Moved to Toronto a year later and I was renting a room with shared amenities for $80/week. Things certainly have changed.
In Japan, the salary of common people never getting higher than before comparing at the time of being GDP 2nd. Because Japanese economy or business is stagnant recent over 30years for the many reasons. On the other hand, the prices of everythings are rising. You will understand how most Japanese are complled painful life. Sorry my poor English😂
Ya I’m single and I make too much to get HST cheques back it’s so frustrating how the government keeps you in a certain wage group because of the taxes they take… I’m taxed on the money I’m payed and then everything I buy except some groceries is taxed again then at the tax season I’m told I have to pay even more and it makes me sick to see it
Tnks for the answers. In Japan, the rate of tax is not so high as you imagine. For example, consumtion tax in Japan is 8～10% at present. In Japan, most serious social problem most Japan are scared is Economic stagnant continuing recent over 30 years. I can imagine most Canadhan suffer from High Tax. Pls inform me the parcentage of tax in each of category for references. Thank you ! YASUKO from Tokyo Japan🇯🇵🇯🇵🇯🇵🇨🇦🇨🇦🇨🇦
🙄TTC has a lot of problems almost every day & crowded busses & streetcars ...people misbehaving / mental cases ...its cheaper than a car but be aware of the issues
I make around 20-25/hr full time and make around 3500/month. I live in Milton with my girlfriend and our rent is 2100 including utilities, so I pay 1,050 and then my monthly expenses are about 1500 depending on the month. So I spend around 2500/month if I’m living pretty frugally. It’s not much, but it works for now.
Great video as always, the basic groceries value does look a bit light (e.g. doesn't seem to accommodate lunch, excludes any normal cleaning materials and toiletries, etc.), and depending where you live + work, the TTC pass may not cover all transport costs....however you provided a decent breakdown given it would always be difficult to provide a exhaustive list of every expense.👌
great points - we totally missed the household misc items in here. But you still have leftover money at the end of calculations, you can buy additional things if needed. Or cut vacation budget. our main goal with grocery items was to stress that the bill differs greately depending on what you eat and what you buy ( eg fresh food vs packaged food)
@@asd7247286 not in today's economy it's not. Unemployment rate for young people (basically for minimum wage jobs) it's something like 12.5% which is economic crisis levels. It's not the same for the rest of the economy. But competition for minimum wage jobs is the highest out of all employment sectors. So you have more working location flexibility at higher pay levels.
You didn't calculate expenses for personal care items: shampoo, conditioner, shower gel, soap, tooth paste, toilet paper, some cream, deodorant, tampons & stuff (if you're a woman), razor blades and shaving stuff if you're a guy. There's also cleaning products, detergent etc. There's also laundry that you might need to pay for if you don't have washer & drier in your apartment. There's also other costs that will for sure show up, like dental care or some medication. You'll also need a haircut once in a while (for a lot of guys it's a monthly expense). You'll also need some money for clothes & shoes once in a while. Also, if you paying for internet it means you have a computer, and that money comes from somewhere (or you need to save for one). After all this, I don't think you'll have that money left over for savings at the end of the month. And you'll have to choose between vacation fund and emergency fund. And if you're lucky, and everything goes smooth, you might be able to afford a vacation at the end of the year. But all these that you and I have listed are the basics for life, so for sure unexpected expenses will show up (like an unexpected trip cuz a family member got sick or your glasses broke or stuff like that).
One category that was missed was toiletries. Toothpaste, toilet paper, all that good stuff. But overall a great breakdown and very useful info for anyone on minimum wage or trying to get out of debt.
Dangerous, I had hot coffee and was laughing thanks to you, mentioning that people rent half of their bed 😂 Honestly mentioned: I'm living in West Germany (Europe), and even here, I pay since September 10€ more, but still a maximum of 55€ per month for Glas fibre with 200k MB speed + Netflix the version with ads as an extra in top. So you're right with the 60$ limit these days! Except if you have Starlink 😅 And again, as always great thanks for that informative - high quality video! (And I mean your editing skills with high quality, they are lovely 👌🏽)
When I first arrived in Canada, went to a college to study a short course that was only lasted a few months and that was related to my past working experience,they had practical on site experience arranged apart from knowlege from theory and books,the teacher accompanied us to the working place,no pay though,but after finishing the course,I found a related job from a job fair,my teacher was my referee
@MakeThatChange I love your videos and I was born and raised here in Canada. 👌 I remember watching your most viewed and popular video "Why Do People Leave Canada?" 2 years ago and your TH-cam Channel has grown a lot since then. Anyway, you probably need to make 1 million Canadian Dollars a year to live in Canada now especially in the Greater Toronto Area where I live. 😊
Thanks for the video. It is literally surviving, not sustainable in long term. GTA is huge, not having a car and using public transportation is not a great option. It used to take us 1.5 hrs each way getting to work by car in GTA. Imagine using TTC and transit... Easily 2.5 hours each way. Having a car will easily cost you $1000-$1200+ (lease/financing + insurance + gas + maintenance). Good luck surviving on minimum wage in Canada, especially Toronto /GTA.
For anyone who budgets for life on a minimum income. From students to newcomers to those in between skilled jobs. Of course of would be easier in smaller towns, GTA is very expensive.
Awesome video. Loved the detailing. Appreciate you inviting expenses that were missed out, I have some to add. Tips from a financial planner: When budgeting, always account for monthly, annual and one-time expenses together. Your annual and one expenses could be anywhere between 20% to 33% of your monthly expenses. For example, say you want to change your room, you’d be spending on moving costs, one month rent deposit, small furnishings etc. We spend to celebrate festivals, take one of those license/certificate exams, new laptop, new keyboard and mouse, new headphones, etc. You also need to shop different clothes, shoes, accessories for different seasons in Canada. Of course, you might visit your family or they visit you once in a year or two. To quantify, I agree monthly expenses for someone renting a private room in GTA could be roughly $2,000. But because of annual and one time expenses, you’d need $28,000 to $36,000 (post-deductions, annually) to survive.
Hi dear friends Thanks a lot for your helpful advices. For a beginner this would probably be a best advise of cost in a month that includes everything from transportation, groceries and the type of place you can effort in minimum wage to reach out. I convinced that would be comprehensive description of whatever you need to start a new life in modern city like Toronto. By the end I appreciate you guys that clarifies details. Best regards.🙏🏻❤️💐
🤔 my shopping expenses is usually around 30 to 40 bucks a week at Freshco, shopping is cheaper when you're doing it for one. Most of the time I try to stretch the shopping to around 2 weeks.
Oh, I feel you, fella. I've finally completed all the basic documents I needed for Express Entry, and now I'm in the process of finding a job and preparing as much as possible for my move to Canada. The more real it becomes, the more anxious I am...
you've got this guys! Anxiety usually comes from the fear of unknown. You guys are already doing so much research, preparing for your move - you are already better off than most. The more information you have, the better you will be prepared for a confident settling in Canada - and when you're here, you'll realize it's not as scary as you thought. you are not alone! we have a group chat going on in our facebook group, if you guys want to connect with more folks who recently moved or are moving - consider joining. It might help feel a little calmer. YOU'VE GOT THIS!
Income tax is high in New Brunswick so is the tax on cigarettes and booze. You always see the same people 2 or 3 times a day there. I haven't been there lately but the last I was there everything shuts down at around 6pm and the cops stop you if you're outside after that time.
Not true. I live in Toronto and shop at NoFrills and Walmart. My bill for a family of 3 per month is about $550, so $400/month for a single person is definitely possible. I also eat very healthy with lots of vegetables and fruits.
@@imrana.8370 Food Basics has slightly better prices than No Frills and Walmart only has good prices on Dempsters bread and that's about it for Walmart. They used to have good prices in the 1980's and early 1990's.
Thank you for the useful information. But what are the bill of water, electricity, gas, etc. Pls do a video about those and how to choose internet and cell phone package😁
Ok, I'm confused. So as per your grocery list we are eating chicken breast and salmon portions by themselves. No mention of vegies to make up a decent meal, apart from potatoes. Not long term sustainable in my opinion.
Products from the list which go well with your chicken and salmon: onion, tomatoes, potatoes, rice, cheese. If you want, you can have more greens, cucumbers cost ~$4, lettuce is ~$3. One grocery list can't suit all, we understand.
yep... and there are only 4 breasts and 300 gr. of fish. Its enough only for 4-5 days. A minimum grocery list per month to be able to work and live starts from 500 per person.
it depends on your current situation and your profession. Study the job market well, do research on what it takes to rent a home. In a nutshell - nothing is impossible with good preparation, motivation and hardwork!
So we're not going to talk about hygiene? (soap, luandry detergent, shampoo, shaving products, skin products) How about cleaning products I don't want to live in a dump.
unfortunately jobs are simply not for people without canadian experience , and there is no way to get canadian experience since even McDonald's rejects me ...
This depends on your resume. If you only have office experience and are obviously overqualified on yoru resume, and you have no customer facing experience, you are unlikely to be hired.
You need to look for a field that fits your education/experience, and push for it, but also expect to start low-ish in that field. McDonalds will look for a prototypical McDonalds employee. Even then, I have applied in the past (even with years of Canadian experience) for jobs that are below my experience, in my field, and not even gotten an interview. It is about putting yourself out there. Don't just apply for job vacancies... Craft a professional email and contact companies (many) directly.
Depending on your commute, if you invest money into a bicycle, you can save money on transportation costs as well as gym membership. You can use the money you saved for maintenance costs for that bike and still have money left over for other things.
The bicycle is one of the best return on investments you can ask for.
this is brilliant!
When I first moved out on my own in 87 I was living in New Brunswick. I paid $50/week room and board. Moved to Toronto a year later and I was renting a room with shared amenities for $80/week. Things certainly have changed.
Yes. Pls do a video on the economic discrimination faced by single people (tax code for example)!
👍🏻👍🏻
In Japan, the salary of common people never getting higher than before
comparing at
the time of being GDP 2nd.
Because Japanese economy or business is stagnant recent over 30years for the many reasons.
On the other hand, the prices of everythings are rising.
You will understand how most Japanese are complled painful life.
Sorry my poor English😂
Ya I’m single and I make too much to get HST cheques back it’s so frustrating how the government keeps you in a certain wage group because of the taxes they take… I’m taxed on the money I’m payed and then everything I buy except some groceries is taxed again then at the tax season I’m told I have to pay even more and it makes me sick to see it
Tnks for the answers.
In Japan, the rate of tax is not so high as you imagine.
For example, consumtion tax in
Japan is 8～10% at present.
In Japan, most serious social problem most Japan are scared
is Economic stagnant continuing recent over 30 years.
I can imagine most Canadhan suffer from High Tax.
Pls inform me the parcentage of tax in each of category for
references.
Thank you !
YASUKO from Tokyo Japan🇯🇵🇯🇵🇯🇵🇨🇦🇨🇦🇨🇦
@@谷藤康子-y8b 30 years of zero interest rate policy completely destroyed Japan.
🙄TTC has a lot of problems almost every day & crowded busses & streetcars ...people misbehaving / mental cases ...its cheaper than a car but be aware of the issues
I make around 20-25/hr full time and make around 3500/month. I live in Milton with my girlfriend and our rent is 2100 including utilities, so I pay 1,050 and then my monthly expenses are about 1500 depending on the month. So I spend around 2500/month if I’m living pretty frugally. It’s not much, but it works for now.
3500 is after tax?
Great video as always, the basic groceries value does look a bit light (e.g. doesn't seem to accommodate lunch, excludes any normal cleaning materials and toiletries, etc.), and depending where you live + work, the TTC pass may not cover all transport costs....however you provided a decent breakdown given it would always be difficult to provide a exhaustive list of every expense.👌
great points - we totally missed the household misc items in here. But you still have leftover money at the end of calculations, you can buy additional things if needed. Or cut vacation budget.
our main goal with grocery items was to stress that the bill differs greately depending on what you eat and what you buy ( eg fresh food vs packaged food)
if ur working minimal wage ur work location is more flexible than ur house location.
@@asd7247286 not in today's economy it's not. Unemployment rate for young people (basically for minimum wage jobs) it's something like 12.5% which is economic crisis levels. It's not the same for the rest of the economy. But competition for minimum wage jobs is the highest out of all employment sectors. So you have more working location flexibility at higher pay levels.
You didn't calculate expenses for personal care items: shampoo, conditioner, shower gel, soap, tooth paste, toilet paper, some cream, deodorant, tampons & stuff (if you're a woman), razor blades and shaving stuff if you're a guy. There's also cleaning products, detergent etc. There's also laundry that you might need to pay for if you don't have washer & drier in your apartment. There's also other costs that will for sure show up, like dental care or some medication. You'll also need a haircut once in a while (for a lot of guys it's a monthly expense). You'll also need some money for clothes & shoes once in a while. Also, if you paying for internet it means you have a computer, and that money comes from somewhere (or you need to save for one). After all this, I don't think you'll have that money left over for savings at the end of the month. And you'll have to choose between vacation fund and emergency fund. And if you're lucky, and everything goes smooth, you might be able to afford a vacation at the end of the year. But all these that you and I have listed are the basics for life, so for sure unexpected expenses will show up (like an unexpected trip cuz a family member got sick or your glasses broke or stuff like that).
Great additions! Thank you 🙏
One category that was missed was toiletries. Toothpaste, toilet paper, all that good stuff.
But overall a great breakdown and very useful info for anyone on minimum wage or trying to get out of debt.
Good point - essential stuff, but easy to overlook when budgeting. Thank you.
Dangerous, I had hot coffee and was laughing thanks to you, mentioning that people rent half of their bed 😂
Honestly mentioned: I'm living in West Germany (Europe), and even here, I pay since September 10€ more, but still a maximum of 55€ per month for Glas fibre with 200k MB speed + Netflix the version with ads as an extra in top.
So you're right with the 60$ limit these days! Except if you have Starlink 😅
And again, as always great thanks for that informative - high quality video! (And I mean your editing skills with high quality, they are lovely 👌🏽)
One of my favourite content creators in Canada ❤
Awn thank you! 🙏
When I first arrived in Canada, went to a college to study a short course that was only lasted a few months and that was related to my past working experience,they had practical on site experience arranged apart from knowlege from theory and books,the teacher accompanied us to the working place,no pay though,but after finishing the course,I found a related job from a job fair,my teacher was my referee
That's an amazing example! Congrats!
Found my new fave channel
🥰
@MakeThatChange
I love your videos and I was born and raised here in Canada. 👌 I remember watching your most viewed and popular video "Why Do People Leave Canada?" 2 years ago and your TH-cam Channel has grown a lot since then. Anyway, you probably need to make 1 million Canadian Dollars a year to live in Canada now especially in the Greater Toronto Area where I live. 😊
Thank you for the kind words and thank you for stopping by - we hope you enjoyed this video too 🙂
Thanks for the video. It is literally surviving, not sustainable in long term. GTA is huge, not having a car and using public transportation is not a great option. It used to take us 1.5 hrs each way getting to work by car in GTA. Imagine using TTC and transit... Easily 2.5 hours each way. Having a car will easily cost you $1000-$1200+ (lease/financing + insurance + gas + maintenance).
Good luck surviving on minimum wage in Canada, especially Toronto /GTA.
Minimum wage is intended to cover basic needs, of course it is not sustainable
@@MakeThatChange Right. So who this video intended for? If it is not sustainable, what value it has?
For anyone who budgets for life on a minimum income. From students to newcomers to those in between skilled jobs.
Of course of would be easier in smaller towns, GTA is very expensive.
@@MakeThatChange Again, not sustainable. Doesn't matter if new immigrants or low budget. Anyway, hope this vide helps someone. Good luck!
Smart budgeting and life design is key. If you're smart about your money, you'll make it work - or you will always find more things to spend money on.
Awesome video. Loved the detailing. Appreciate you inviting expenses that were missed out, I have some to add.
Tips from a financial planner:
When budgeting, always account for monthly, annual and one-time expenses together. Your annual and one expenses could be anywhere between 20% to 33% of your monthly expenses.
For example, say you want to change your room, you’d be spending on moving costs, one month rent deposit, small furnishings etc. We spend to celebrate festivals, take one of those license/certificate exams, new laptop, new keyboard and mouse, new headphones, etc. You also need to shop different clothes, shoes, accessories for different seasons in Canada. Of course, you might visit your family or they visit you once in a year or two.
To quantify, I agree monthly expenses for someone renting a private room in GTA could be roughly $2,000. But because of annual and one time expenses, you’d need $28,000 to $36,000 (post-deductions, annually) to survive.
This is so valuable! thank you for adding that.
Hi dear friends
Thanks a lot for your helpful advices. For a beginner this would probably be a best advise of cost in a month that includes everything from transportation, groceries and the type of place you can effort in minimum wage to reach out. I convinced that would be comprehensive description of whatever you need to start a new life in modern city like Toronto. By the end I appreciate you guys that clarifies details. Best regards.🙏🏻❤️💐
Thank you. Glad this is helpful!
Greatly helpful...Thank you so.much....God Bless you.
You are so welcome!
🤔 my shopping expenses is usually around 30 to 40 bucks a week at Freshco, shopping is cheaper when you're doing it for one. Most of the time I try to stretch the shopping to around 2 weeks.
That’s record breaking!
im moving canada this year, mocton in new brunswick province, so anxious already lol
what makes you most anxious?
Oh, I feel you, fella. I've finally completed all the basic documents I needed for Express Entry, and now I'm in the process of finding a job and preparing as much as possible for my move to Canada. The more real it becomes, the more anxious I am...
@@vitakuvakina4686I also have anxiety 😢 I'm coming soon
you've got this guys! Anxiety usually comes from the fear of unknown. You guys are already doing so much research, preparing for your move - you are already better off than most. The more information you have, the better you will be prepared for a confident settling in Canada - and when you're here, you'll realize it's not as scary as you thought.
you are not alone! we have a group chat going on in our facebook group, if you guys want to connect with more folks who recently moved or are moving - consider joining. It might help feel a little calmer.
YOU'VE GOT THIS!
Income tax is high in New Brunswick so is the tax on cigarettes and booze. You always see the same people 2 or 3 times a day there. I haven't been there lately but the last I was there everything shuts down at around 6pm and the cops stop you if you're outside after that time.
You are BEAUTIFUL 💛
Much respect from Colorado.
Thank you!! 😊
It is IMPOSSIBLE to maintain any degree of health on $400 for groceries. Move the number to $600 for a person living in the real world.
Would you like to share you list of groceries?
Not true. I live in Toronto and shop at NoFrills and Walmart. My bill for a family of 3 per month is about $550, so $400/month for a single person is definitely possible. I also eat very healthy with lots of vegetables and fruits.
@@imrana.8370 Food Basics has slightly better prices than No Frills and Walmart only has good prices on Dempsters bread and that's about it for Walmart. They used to have good prices in the 1980's and early 1990's.
Thank you , so helpful 👏👏👏
Glad it was helpful!
Thank you for the useful information. But what are the bill of water, electricity, gas, etc. Pls do a video about those and how to choose internet and cell phone package😁
Watch the video again from 2:55 to 3:40 and visit description box for the link to the video about saving money
Thanks@@MakeThatChange
Minimum wage in Toronto I’m surprised, love the video tho.
All videos Awesome ma'am
thank you!
would be interesting to see this income for a single parent living in Toronto :)
Ok, I'm confused. So as per your grocery list we are eating chicken breast and salmon portions by themselves. No mention of vegies to make up a decent meal, apart from potatoes. Not long term sustainable in my opinion.
Products from the list which go well with your chicken and salmon: onion, tomatoes, potatoes, rice, cheese. If you want, you can have more greens, cucumbers cost ~$4, lettuce is ~$3. One grocery list can't suit all, we understand.
yep... and there are only 4 breasts and 300 gr. of fish. Its enough only for 4-5 days. A minimum grocery list per month to be able to work and live starts from 500 per person.
@@NikitaSafronov-y6iare yu in Canada right now
Perhaps watch the video again. We provided a grocery list for one week. 4 chicken breasts and a salmon fillet is enough for one week.
it depends on your current situation and your profession. Study the job market well, do research on what it takes to rent a home. In a nutshell - nothing is impossible with good preparation, motivation and hardwork!
With salary like that, Maru chan is your friend. 😂 I be finding ways to cook and eat instant ramen
😁
In Australia you get more on the dole than many jobs. You get concessions to. Earning a low wage you top dollar for everything.
The same is true in Canada if you have enough children.
So we're not going to talk about hygiene? (soap, luandry detergent, shampoo, shaving products, skin products) How about cleaning products I don't want to live in a dump.
How much per month do you spent on that?
unfortunately jobs are simply not for people without canadian experience , and there is no way to get canadian experience since even McDonald's rejects me ...
This depends on your resume. If you only have office experience and are obviously overqualified on yoru resume, and you have no customer facing experience, you are unlikely to be hired.
You need to look for a field that fits your education/experience, and push for it, but also expect to start low-ish in that field. McDonalds will look for a prototypical McDonalds employee.
Even then, I have applied in the past (even with years of Canadian experience) for jobs that are below my experience, in my field, and not even gotten an interview. It is about putting yourself out there. Don't just apply for job vacancies... Craft a professional email and contact companies (many) directly.
Try Mcionalds in a different city.
Excellent video beautiful Anastasia
Thank you so much!
Me sitting solo paying a minimum wage net income in mortgage... Bank of Canda, pls...
" #1 live on the street 0 rent,#2 get help from food Banks and pray to God Almighty for every day you survive 😑👍🙏✌🏼🇨🇦
What about the furniture and toiletries
Toiletries yes. Could be an added 30-50$ per month, as for furniture - you don’t by furniture every month so we excluded it from our calculations.
Live with parents ( forever ) #Sorted
Soooo 17/hour should be enough to survive? Hmmm I hope the 300$/month groceries last for a month
Renting a room. A room. And that eats half of your salary. Just a room. With no private kitchen.
Luckily each of us has a lot more control over income than prices of housing!🚀
What about health care
It’s not had at all for minimum wage! And it’s only 40h!
you forgot the most important thing....Drugs and alcohol to cope with life in Toronto...😵💫
Min wage in Toronto = ur cooked without at least two jobs and overtime
Be an escort in Montreal. You will make a lot of money. Save and invest it.
Escort in Toronto pays more 🤓
Ah OK. Either way it is not cheap for the male clients, but it is less expensive than having a girlfriend or a wife, LOL! 🙂
@@MakeThatChange
Hm... How do you know this?... ;-)
@@MakeThatChange