What Torontonians make and how they spend it
What Torontonians make and how they spend it
“I’m trying to save $20,000 to renovate my kitchen”
DAWN GREEN, 44 WHAT SHE DOES
Donor relations manager at the CAMH Foundation
WHAT SHE MAKES
$90,000
WHERE SHE LIVES
A two-bed, two-bath loft near Dufferin and Castlefield, with her 14-year-old cat, Punkie
REGULAR EXPENSES
MORTGAGE $1,140 a month. “I bought my place for $741,000 back in 2019. I should be able to pay off the mortgage in 21 years.” OTHER HOUSING COSTS $855 a month, for maintenance, utilities and property taxes. INTERNET $68 a month, for an unlimited plan with TekSavvy.
PHONE $79 a month, for five gigs of data and unlimited calling with Telus. GROCERIES $400 a month, from Sobeys, Fortinos and No Frills.
TAKEOUT $100 a month. “I really like the key lime cheesecake from the Cheesecake Factory.”
TRANSPORTATION $0 a month. “I’ve been working from home during Covid, and if I need to go grocery shopping or anything, I borrow my boyfriend’s car.”
SUBSCRIPTIONS $10 a month, for Spotify. SAVINGS $250 a month, split between an RRSP and a TFSA. “I’m trying to save $20,000 to renovate my kitchen.” CAT-RELATED EXPENSES $45 a month, for food and litter for Punkie.
RECENT SPLURGES
BATHROOM RENOVATIONS $14,o00, for a new toilet, walk-in shower, vanity, tiles and paint. “It was a total gut job.”
BIKE $300, for a purple CCM Annette comfort bike. “Local shops have been sold out since the start of the pandemic, but I found this one at a Canadian Tire in St. Catharines.”
RING LIGHT $30, from Amazon. “It sits on my desk, right behind my computer, and brightens my face for video calls.”