Like all children of parents, arguments happen. It probably happened as a kid when you were denied that thing you wanted – and for good reason. You probably didn’t need that thing. Your parents were smart, you were just a kid. But as you get older, the arguments start to get a personal – like marriage, homeownership, and children.
My parents gave me life, Canadian citizenship, and economic advantage.
I was born lucky. Even before I exited my mother’s womb, it was predetermined for me that I would be a middle class Canadian growing up. Going to school was never going to be an issue, neither was having food on the table, a roof over my head, or a loving family.
Another wedding, rent increase, and a dividend income record.
September is historically a busy month and this year was no different: summer mode ends, work gets busier, and you try and cram as many outdoor activities as possible before the weather gets cold. Rent also went up 1.5% annually, as it does after 12 months of living in the same spot. That resulted in expenses totalling $2275.69, inclusive of a wedding for some close friends where I gave $200.
My savings rate this month dropped to 55.4%, even with reduced CPP and EI deductions from my paycheck – but at that savings rate, I’m not going to complain too much.
He makes his cup of Joe in a French press twice a day with incredible meticulousness. First, he coarse grinds his beans at his desk by hand with a little manual machine. Then he puts it in his press, pours boiling water in it and gives it a stir. He waits precisely 4 minutes to the second before pushing down on the plunger and pouring the brew into his mug, mixing it with some hot milk he has just microwaved. It’s an absolute symphony to watch the preciseness of it all. It’s also so much damn work.
Me? I watch it in bemusement with my cup of drip Kirkland brand coffee. It’s the cheaper and easier way to get what I want – just like my investments.
I’m a risk averse person. I don’t bike in the city, I don’t enjoy jumping into water, and I don’t even dare go ten above the speed limit (put me in the slow lane, thanks very much). When it comes to my investments, it’s very much the same thing.
The last month of summer came and went, and with it went $2046.37 in expenses, inclusive of higher entertainment, dating, and food costs. With fall approaching, sometimes you just have to cram in missed opportunities, right?
My savings rate of my take home pay for this particular month was 56.9%. Not quite as good as August last year, but a number I’m still quite happy with.