Hi everyone! I’m a young professional right out of college getting into investing and personal finance management. Trying to better understand and educate myself on personal finance and investment strategies. Can someone recommend some recourses (books, podcasts, experts to follow, etc.) where it’s clearly explained for beginners? Trying to make sense of 401Ks, Roth IRAs, emergency funds etc.
Like I’m looking for someone like Dave Ramsey but for investment and money management advice.
Jesus seeing these prices pretty much confirms I won’t be moving out of my parent’s place for a while...
Definitely working on it 😝
Pro
1 bedroom in a 2 bedroom unit, 1500 rent
Someone I know just rented a 1+1 in downtown for 1650$. 650sqft. Just rented my 1 bedroom condo in mississauga for 1800 (700 sqft).
3 bedroom house with finished basement and yard on Danforth. $3000 rent.
Soon to be 2400 mortgage
4 br house
2 bedroom -2100 rent Yonge and Sheppard
Two bed north york (fully renovated) - 2100 mortgage
How big is this one bedroom of yours and where in Toronto? Sounds like a luxury from heaven
Pro
Bedroom is small but the place is fully furnished, and it’s right beside union Station. Avg price of a 2 bedroom in the area is around 2800-3000 so I think 1550 is reasonable.
1 bed, rent $1800
(long term renter though, got in before prices went crazy, when the same floor plans are posted now they are ~$2500)
1+1 downtown condo - 2400 mortgage
1 + 1 downtown, 2250 mortgage
2+1 $3000
2+1 2500 rent
1+1 $1900 mortgage + $450 maintenance + $200 prop tax
1+1, 2 bath, midtown 1800/mo
Downtown rents have dropped a lot this year. I've had friends move into higher floors within the same building and save $300+/mo for same layout
Studio rent $1650
1+1, 1.5k mortgage + 400 maintenance + 200 tax
Friend just rented a 1 bedroom in same building for 1.7k (~550 sqft)
Yea
1+1, 1.6k mortgage + 450 maintenance.
Condo right by union station
2800 mortgage 4 bedroom detached house