Skip to main content

My Fixed Expenses

      ** Mobile Users, hold your phone sideways for this one **

      The Fixed Expenses

      - costs are calculated monthly

      - every monthly cost you see is averaged out over a year. For example, utilities will of course fluctuate depending on the season so the monthly cost swings from $140 to $250

       Total: $1,247.92       Annual: $14,975.04

      • Kitchener Detached 1200sqft: $568.8

        • Property Taxes: $243.72

        • Utilities (all 3): $199.22

        • The Cooperators Insurance: $57.48

        • Fido Internet: $62.15 - I need to chop this down again, should be able to get it under $50

        • Water Softener Salt: $6.78

      • Food: $417.45

      • Two adults, one toddler and one infant (on breastmilk). Toddler eats a portion of what we’re eating.

      • Therefore, we average around $2.45~ per meal.

      • I’m 99% plant-based. My wife is 50% or so. Toddler is probably 75% depending on which parent is arranging her meals that day.

      • Shop primarily at Zher’s, a Loblaw store. I choose this store because: 

        • closest grocery store, walkable distance

        • self-serve checkout

        • underground parking (for bad weather)

        • high-quality produce

        • a large variety of plant food in the frozen section

      • The prices are second to Wal-mart, which is in the same plaza as my Zher’s. However, this Wal-Mart lacks a produce section which is kind of a big deal for a plant-based guy. They also don’t have self-serve checkouts which means waiting in line more often than not. I used to split my grocery bill between the two in a timely fashion but it’s an added complexity that saved me approximately 5% (or $5 per $100 spent) each time. My time and simplicity are worth more than that.

      • 2012 Toyota Corolla: $221.51

      • Bought used to cash so no payments

      • Fuel Costs: $108.28

      • Insurance: $86.2

      • Maintenance: $17.03

      • Licence Plate Sticker: $10

      • Misc: $40.16

      • Spotify Family Plan Music Streaming: $16

        • I share this family account with a few family members - in return I get access to Netflix and Disney+ for free.

        • This price will go up once Spotify is required to collect HST.

      • Professional Certificate Fee: $14.16

      • Hygiene: $10 

        • Trying new soap or face masks is discretionary and not included

      • Phone Plans: $0

      • Two Public Mobile phone plans.

      • $15 account for me and the $25 account for my wife. 

      • Both are at $0 because my readers used my referral codes. You guys are the best.

      • Banking: $0

      • Tangerine Chequing: no fees

      • EQ Bank: no fees

      • Rogers Elite Mastercard: no fees

      • Canadian Tire Mastercard: no fees

      • Wealthsimple Trade TFSA: no fees

      • Wealthsimple Trade RRSP: no fees

      • RBC LIRA: $0 (DRIP in place)

I don't show discretionary spending because it doesn't really matter, as described in these articles: "The Anti-Budget is on FIRE!" and "Fixed Expenses Path to FIRE."

~ Affinity R.M.

Picture: Photo by 青 晨 on Unsplash

    Most Popular Posts

    Translating VTSAX for Canadians

    Photo by  Kelly Sikkema  on  Unsplash Like most of you, I've read The Simple Path to Wealth and thought "Wow! Now to head to Vanguard and set up my account! Hey, WTF??" If you haven't read the book, feel free to read it in blog for m on the authors blog right here . Probably a proper rite of passage for any Canadian pursuing FIRE is to hear about the message from an American blog or podcast and then immediately google VTSAX only to realise that the mutual fund is not offered to Canadians. To add further insult to injury we can't even open a Vanguard account. ....well fuck you too, Vanguard. Just kidding! Vanguard is Canadian-friendly - very much so. They have superb products available for Canadians to buy in the for m of ETF's from the numerous stock exchanges around the globe. This certainly adds complexity to the average Jane or Joe trying to buy their first index fund but not greatly so. In fact, I keep it VERY simple in this blog post called the 7 Simpl

    7 Simple Steps to Investing with Vanguard All-in-One Funds

    Photo by  Elijah O'Donnell  on  Unsplash You've been thinking about investing for a while but you've been held back by several excuses. Some of these are legitimate (everybody says to do this or that... but is that right?) and some of them are pathetic (I'm not sure right now is a good time to buy.... just look at the news!). I have some very simple advice for you: Fuck the news and fuck the piles of noise everybody is "adding" to the "conversation."  It's simple, you already know you need to invest and you probably have the cash sitting somewhere else collecting a garbage interest rate. The more complex you make it, the more easily these websites, robo advisors, banks and mutual fund companies can profit from you. I have nothing to gain from you - so I have this really easy step process because I haven't been bought to make it more complex or sell you additional garbage. No must-use language from advertisers, no paywall and no book

    The Requirements of FIRE

    Photo by  Mark Duffel  on  Unsplash I'm here to fix the blurred line between what the FIRE movement is and what is isn't .

    Product Review: Public Mobile

    ** Last Updated: April 2021 ** ** This journal is non-profit. You will not find affiliate codes.. nor am I paid by Public Mobile or anybody else for my opinions here. Just my two cents, as it were. ** Here's a list of why Public Mobile is the best phone plan out there.  #1 They use the Telus network, which is very, very good. Check your phones compatibility here (scroll down) . Public Mobile is simply the "discount brand" of Telus. For reference, I use a Google Pixel 2 XL and my wife uses an iPhone 6.  #2 Yes, you can port your number. #3 Three very cheap plans that should cover 99% of Canadians AND their businesses needs: *Ontario bias but I've checked and most provinces are identical* $15/month - unlimited international text, 100 minutes, unlimited incoming calls, 250mb of data $25/month - unlimited international text, unlimited province-wide calling, 1gb of data $40/month - unlimited international text, unlimited province-wide calling, 5gb of data #4 By using

    The Fallout of my FIRE & The End (revised)

    Step back, this blog is about to be blown up! Okay, not just yet but you should be a safe distance when it does. If you've liked what I've written here so far, I regret to inform you that this will be my last post. More on that halfway down. Like my Vortex of FIRE post, I'm revisiting a past article and rewriting it from scratch to remove my previous podcaster bias. Since it's my last article, I'm intrigued to see what I come up with. The 3rd and final ending to the Requirements of FIRE: Before we get onto the main entrée that is this blog keeling over and dying, let's first examine one last bit of misconception in the FIRE movement. This little paragraph or two was inspired by friend of the now-deceased blog. Her name is Maria over at Handful of Thoughts , and she owns 3 cars and wants you to know that while it might not be very "FI"of her, she essentially says you can fuck right off. I enjoyed the aggression in the article and wanted to add a point