| Expenses | $ | Comments |
| Rent | 600.00 | condo + utilities |
| Groceries | 125.84 | oceans + walmart |
| Dining Out | 20.00 | kinton ramen |
| Transportation | 110.00 | Go bus |
| Entertainment | 0 | |
| Cell Phone | 22.60 | fido |
| Clothing | 145.37 | mmm+sweatpants |
| Shopping | 0 | |
| Personal | 0 | |
| Education and Fees | 80.00 | firearms license |
| TOTAL | 1,103.81 | |
| Income | $ | Comments |
| Summer Job | 0 | |
| Side Job | 0 | |
| TOTAL | 0 | |
| NET | -1,103.81 |
Let’s see, for the month of June I moved out to Toronto for a summer job. Given the time constraint from job offer to start date, it was a struggle to find a cheap living arrangement. I opted for a slightly expensive, but upscale condo. Breaking down my cash flow:
– My rent is the #1 culprit, taking over 60% of all expenses.
– Transportation is another area for improvement. My office relocated for 2 weeks to another location so I had to rely on public transportation. That ate up 10% of my expenses. Normally I would bike to work, the 5 km uphill ride was quite the challenge.
– I decided to get my firearms licences a few months back, and they just processed my application fee
– I do spend a lot on clothes, that is my only vice. But I never pay full retail price on the goods – increasing the purchasing power of my $. I bought a pair of Maison Martin Margiela x HM on Kijiji for $90, it was barely worn and original price was $180
– Everything else is pretty good. My entertainment costs were down since I spent all my free time studying for the MCAT. I never eat fast food and I try to keep a high protein diet – which is pretty good for $125