Money Management
Hello,
I've come to the conclusion that I am pretty horrible at managing my money and was hoping I could get some advice from some of the knowledgeble folks here.
I'm out of school and am juggling a decent amount of debt and would like to start saving for the future as well. Here is my money situation broken down:
Paycheque: $540/weekly after tax
OSAP debt: $9,213.91 // min. payment $111.09 monthly
Student Line Of Credit (4.75% interest // $15,000 limit): $14,000
Visa (6.75% interest // $6,000 limit) Debt: $3,800
Car payment: $178.79 bi-weekly
Car insurance: $162.49 monthly
Rogers Bill: $90 monthly
Rent: $200 monthly
Gas: $240 monthly
Living Expenses: not tracked
Also, I am going to be starting online university classes shortly at $700 a piece. They can be started any time so I'm not too concerned about them that much but I would like to get a few going in September.
I am basically just looking for advice as to how much money I can save and how much money should go to my debts. If anyone has any advice that would be awesome!
Thanks!
I've come to the conclusion that I am pretty horrible at managing my money and was hoping I could get some advice from some of the knowledgeble folks here.
I'm out of school and am juggling a decent amount of debt and would like to start saving for the future as well. Here is my money situation broken down:
Paycheque: $540/weekly after tax
OSAP debt: $9,213.91 // min. payment $111.09 monthly
Student Line Of Credit (4.75% interest // $15,000 limit): $14,000
Visa (6.75% interest // $6,000 limit) Debt: $3,800
Car payment: $178.79 bi-weekly
Car insurance: $162.49 monthly
Rogers Bill: $90 monthly
Rent: $200 monthly
Gas: $240 monthly
Living Expenses: not tracked
Also, I am going to be starting online university classes shortly at $700 a piece. They can be started any time so I'm not too concerned about them that much but I would like to get a few going in September.
I am basically just looking for advice as to how much money I can save and how much money should go to my debts. If anyone has any advice that would be awesome!
Thanks!