How a Family of Five in Newfoundland Lives on $63,100 | CBC Parents

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Take a look into how Canadian families are really spending and stretching their money every month. | CBCKids

Illustration By Charles Cuela/CBCFamily Money is an ongoing series, looking into how Canadian families are really spending and stretching their money every month.Jeff and Amanda live in St. John's, Newfoundland with their eight-year-old daughter and three-year-old son. Their 17-year-old daughter resides with her birth mother in another province. Together, Jeff and Amanda bring home a combined household income of $63,100.

Each month we submit a report that outlines our non-discretionary expenses versus our income. We pay for childcare for our two children that live in our home . In addition, we budget for our power bill and this amount monthly is $443. Phone and internet/TV bills are consistently around $225 and $210 monthly. Other expenses like groceries and gas are on an as-needed basis. It works out to be quite a bit for a family of four with one vehicle.

In addition to your salaries, do you receive any additional assistance — government benefits, family support, etc.?Rent: $1,300

 

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