series, which profiles people across the U.S. and details how they earn, save and spend their money.
While Den didn't learn much about money management as a kid, he knew that he wanted to earn a lot one day. That's part of the reason he chose to get a business degree and pursue consulting after graduating university. He's not making nearly as much as he eventually wants to — he earns $42,765 USD* as a consultant at a "Big Four" accounting firm — but that's standard for someone just starting out in his industry, he explains: "I knew what I was signing up for.
Den, on the other hand, who also earned a business degree at the same university, graduated with about $30,000 in student debt. While he makes roughly the same amount as his girlfriend and has the same fixed costs, he doesn't have nearly as much in savings: closer to $5,000. Before the pandemic, he was putting all of his extra money at the end of the month toward his loans and barely anything in a savings account.
MakeIt HEALTH INSURANCE $52 A MONTH!!! WHAT!?!?!! God our system sucksssssssssss
MakeIt It’s easy to save money when your health insurance is $52 a month instead of $560. 🙃
MakeIt Canada doesn’t have a Fed Tax. If the U.S didn’t have it, more money would be saved as you only pay a “tax” on consumer goods. I’m all for this idea as well, Bc all illegals would be contributing.
MakeIt did you know that you can save money when you don't have debts to repay anymore, it's crazy
MakeIt thanks for this news
MakeIt This is really cool...makes a lot of sense
MakeIt what about income tax? $87,000 after tax?
MakeIt The most shocking part of this story is that they are Canadians and together pay $52 per month for health insurance. $20 & $32 respectively. Wow.
MakeIt Sounds like they got it easy. They ought to be saving oodles.
MakeIt Budget on House Hunters: $2.6 million.
MakeIt FUN FACT At 9:21 this evening, you can celebrate the 21st minute of the 21st hour of the 21st day of the 21st year of the 21st century.
MakeIt Wow. They're saving quite a bit considering the paycheck
MakeIt But do they go to brunch?
MakeIt Two people can comfortably survive at $3000/month, which comes at 36,000/year. The rest is all savings. I survive at 15,000/year; rest is all savings for me.
MakeIt They should save more. And play LongShortGame
MakeIt Oh pleeze. In a town where half a 70 year old duplex costs 900K and still needs renovated, 87$K puts you on welfare.
MakeIt Trying to normalize the struggle to live in a country “if they can do it, you can”
MakeIt She's punching above her weight TBH.
MakeIt No agenda here...
MakeIt Cute headline but more interested in why federalreserve has given BlackRock, power of attorney to purchase stocks ScottWapnerCNBC
MakeIt Hopefully they are planning to buy that Defender 90 in the background. That’s a smart financial decision.
MakeIt She disgusts me.
MakeIt I saved 6000 per month on similar income in Southern California easy and collected premium wine on top of that. Now I understand why most Canadians flee to the USA for jobs and wealth building.
MakeIt Of course their Canadian. Can we just extend Canada’s border to include all of us?
MakeIt Who cares? How is that news? And what poor soul studied journalism to write an article like this?
MakeIt Just add a couple of vehicles and health insurance in the U.S. - that budget is out the window.
MakeIt Toronto is a very expansive city rent food everything!
MakeIt Oh, you mean the exact amount they’d throw away to health insurance & other bloated, predatory expenses here in America?
MakeIt
MakeIt Why is this news Is living within one’s means unusual?
MakeIt $52 a month for health insurance? Yup, they definitely live in Canada
MakeIt Maybe because they aren’t wasting their time and energy in BLM protests.
MakeIt It’s so nice to see a man and a woman not being ridiculed for being a couple 🤗
MakeIt Too cold up there for me. I'd love to visit in the Summer, though!
MakeIt a couple can live in toronto on 87000 and still save, news to me
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