r/CanadaPersonalFinance

What do you spend on groceries weekkly/monthly?

Whats reasonable % of income?

Just as the question asked. I would be eligible to retire from government earliest eligibility at 57.

Pension will be at the maximum reduction which would be $50k with bridge benefit to age 65 then reduce to $39k.
RRSP and TFSA will be at about $375k to $400k at age 57. I’ll have no mortgage or debts. This is just me. Partner has similar financials.

I plan to consult with my own practice part time, maybe annual revenue of about $40k.

Financially we should be able to afford to retire with these early retirement age penalties. We plan to live here 6 months and snowbird in Asia 6 months.

Curious if others with pension exit early when eligible or if they intend to keep working.

Buying a new Mitsubishi Outlander in Ontario, going with the 0% financing offer. Before I finalize, what should I be pushing the dealer for?

I've heard of people getting things like winter mats, window shades, several years of free oil changes, and winter tire discounts thrown in. Curious what's realistic to ask for, and if there's anything I should watch out for with the 0% financing (fees, price flexibility, etc).

Appreciate any advice from people who've bought recently in Ontario.

As society faces growing economic strain, the glossy lifestyle being promoted, luxury, excess, endless consumption, may begin to feel hollow or even offensive. For many, survival outweighs spectacle, and the projected image of prosperity becomes less aspirational and more alienating. This tension raises the possibility of a quiet boycott, people rejecting the illusion, turning away from the marketed dream, and seeking simpler, more sustainable ways of living.

The deeper question is whether this shift will remain individual and scattered, or whether it could grow into a collective refusal, a cultural pushback against the lifestyles that no longer match the reality of financial hardship.

Also do you have kids? When I look around me it seems like everyone has may more than 3-4 weeks of vacation per year. Are you guys just asking your employers for additional time off??

$100k is the new $60k, almost any job (teachers, tradespeople, police) after 5-10 years gets you to $100k. Unless you are under 25, there's almost no reason to be making under $100k, or am I missing something?

Hot take: easier to get angry than to deal with your learned helplessness. Some guy posted the MEDIAN household networth is over $500k. If you're not there, maybe you should reflect.

A big bank is offering me 1% bonus if I transfer my investments to them, up to a max of 10k.
It pays 0.5% after 6 months, and another 0.5% after 1 year.

So if I transfer 1 million, I'd net 10k.

Assuming you have the funds, would you do this, or does it sound like too much trouble for that amount?

Those who make 200K plus/ year. What do you do for work ?

Is there a good Linux alternative to quicken? Been using quicken since moneycounts and can't find anything close on Linux

I've started paying more attention to where my money goes every month

I spent years optimizing the small purchases while not thinking about the biggest ones and now whenever I have a larger payment coming up I wonder if I'm handling it the smartest way instead of just paying it and moving on

Not saying I haven't improved but any tip/advice would help

Robinhood Canada is ready to take users off the wait list now.
Zero trading fee from July 1 through September 30, 2026

Hi guys, I’m 21m, I’m currently finishing my DEC in a cegep in Quebec and I really want to go to university (Computer sciences) because I want to become a teacher in the near future, anyway I’m wondering if it would be best to keep my invested money and take a student loan or to pay my studies upfront ?

I got a certain amount ( more than enough to pay for Uni ) but I don’t want to lose the potential return over the next 3 years if I take the money out and lose 8% per year on 24k$ instead of just getting a loan which doesn’t have any interest while I’m studying then at the end just sell some shares and get done with it any advice ?

With the addition of CPP2, and higher percentages for CPP overall, I've been watching more and more of my pay cheque evaporate.

I would feel better about this if I felt that CPP was making responsible and efficient use of that money.

Instead, the CPP switched from a passive investing strategy to a much more expensive active strategy. This means much more money goes to "fund managers" who by their own metrics have not only underperformed the prior passive strategy, but failed to even meet their artificially lowered "active" strategy benchmarks.

In other words. We're paying more for a management system that is shitter than the automatic investments from before AND also worse than even their softball adjusted targets.

Has this triggered a review to end this total and complete failure of active management? No. Instead these parasites reap bigger and bigger bonuses for meeting their continually adjusted perfidious targets.