With only a total of $5,792 to his name, this millennial dreams of moving out of his dad’s house and leaving the city
Spent is a new column in which the Financial Post’s Victor Ferreira takes an entertaining and insightful look at the financial lives of everyday Canadian millennials. Some toil in lower-paying jobs while others are earning six-figures — what unites them is their desire for more and their everlasting struggle to get it.
“It kind of feels like I have more,” William said. “As soon as I got that $2,000, I put it in my TFSA.” Are you a millennial who wants to get the most out of your money? Contact Victor at vferreira@postmedia.com to appear in future edition of Spent. His spending is unapologetically Canadian. William went to that one Tim Hortons 32 times in 19 days and spent $171. On some days, he’d visit three separate times. Those employees, he said, would begin typing in his order as soon as he’d walk through the door.With social distancing measures in place, his fast food bill, which easily surpassed $500 when he was still working, has all but been eliminated. Travel is no longer a possibility and so the $267 he spent in February is now in his pocket.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Companies can charge a fee to help with CERB applications, but the practice raises eyebrowsGovernment has won praise for how easy it is to apply for CERB, but that hasn’t stopped one tax consultancy from charging $160 to help
Read more »
Letters to the editor: May 20: ‘Cash must be accepted, so as not to discriminate against low-income individuals.’ Is the death of cash a problem for the Bank of Canada? Plus other letters to the editorMay 20: ‘Cash must be accepted, so as not to discriminate against low-income individuals.’ Is the death of cash a problem for the Bank of Canada? Plus other letters to the editor GlobeDebate
Read more »
Companies can charge a fee to help with CERB applications, but the practice raises eyebrowsGovernment has won praise for how easy it is to apply for CERB, but that hasn’t stopped one tax consultancy from charging $160 to help
Read more »
Deutsche Bank chairman to stand down in 2022Deutsche Bank’s chairman Paul Achleitner made the announcement to shareholders at the bank’s annual general meeting Wednesday
Read more »
The latest coronavirus news: Details of loans for large corporations come todayPlus: Regions should loosen COVID-19 restrictions on their own timelines: poll
Read more »
Asian shares mixed as virus worries counter recovery hopesAsian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic.
Read more »