Mid-Year Money Check-In: How Much We've Saved, Spent & Invested In 2024

What has your biggest expense been so far this year? Let us know! 👀

Sorry, I honestly not understand how you can spend only $300 per month for groceries, especially in Toronto ??!!! I’m from Winnipeg and we spent $700 or even more for groceries. your prices do not correspond to reality, it is some kind of parallel reality

Thank you for the video. Are you guys married?

My biggest expense was paying off my personal loan in a lump sum. I’m so happy ! 😀

Cars are so expensive! I just finished paying off my car, but had a fender bender. I luckily wasn't at fault, but I had to get my car repaired in a different city, so had the cost of gas, food for traveling there and back etc. I also almost had to spend $4000 on an unrelated repair. They managed to do a different fix that was free. Honestly, if I didn't need a car, I wouldn't have one, such money pits.

First time seeing your videos! Great job…and I luv the way you both smile and support each other ! Have a great life🎉

When you say you invest $2000 every month, is that including non-registered accounts? (if you don't mind sharing)

Y’all are the best💯 at this point I just want an invite to the wedding 😂❤️

Question… since you pay yourselves out through your corp, do you budget for personal taxes on a monthly basis or you just make that payment out of your savings when the times comes?

How do you go about deciding how much to pay yourself? Because you could literally pay yourself $0 or $20k if you wanted (the business wouldn't last too long tho lol)

And is your salary the same every month for the year, and then adjusted up or down next year?

My biggest expense so far this year was travelling to Fiji for my sisters wedding 🥰

Which basketball league are you in? I'm trying to find one for Toronto

How do you do separate grocery budgets, but it kind of sounds like you cook/eat together?

Hello 👋 how’s it going. Happy 🎉birthday

Another great video. Thank you for sharing. I love staying on track with my budget even when I have unexpected expenses along with some months going over my budget. With that being said it’s important to stay the course and we are already half way through the year.

Keeping records of spending habits helps with seeing where your money is being spent. I love the way you break down each spending criteria.

I hope everyone continues to reach their financial goals this year, next year and years to come. Keep going! Aye aye aye aye! 🍊

So when you getting married?

You guys should make a video on health insurance! I’m based in Toronto too and my employer doesn’t give me health insurance, so I’ve been debating whether I should get some myself or stick with OHIP. Honestly, would love it if you could reply to this comment to lmk how you guys handle it 😓

How much do you guys make each month ? What is a healthy earn/spend ratio according to you? Thanks

Thanks for the video. What about rent, utilities, etc?

Why would you not budget an amount for dental work if you intend to use the services and actually have a timetable for same?

I recently binged all of your 385 videos and I wanted to thank you for sharing your investing journey. Your Canadian content is fantastic and very relatable as a fellow GTA Millennial. In fact, I will recommend your channel to anyone in my network that wants to start investing/budgeting. There are good nuggets from your CDIC series and the journey from active investing, robo advisors to diversified low cost global index funds.

How do you deal with going over budget in certain categories? I use a zero based budgeting system, so if I go over, I take some money from my savings account, an account that I specifically keep a small amount of money in for overages. Just wondering how other people deal with overages, as I find my system kind of annoying.

Most expensive for me this year so far has been a bit of travelling but it’s worth it 😂

I can spend around 1500$ a month (including rent).

My gym is only like 12$ a month.
I cut my hair myself (since covid).
Around 150$ per month on restaurant.
300 on grocery.
0$ in shopping.
I work form home so 0$ on transportation.
Electricity 25$ a month.
71$ in phone.
etc etc etc

I only saved about 4k

The sad part is the first quarter and the second quarter had the same number of days. 91 each.

biggest expense this year is a portable AC/fan.