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**devonin** · 10-22-2013, 06:09 PM

Have to get out of student debt before I can start saving properly.

Currently putting 100 dollars a month into an RRSP. My bonus at work this year is going to pay off my student loan. Then I'll be redirecting the money I was paying for my loan (150/month) into a savings account. That redirection plus my bonus NEXT year is a down payment on a house. Then that 150/month starts also going into an RRSP.

Hooray building equity!

10-22-2013, 06:09 PM	#4
devonin Very Grave Indeed Join Date: Apr 2004 Location: Ontario, Canada Age: 40 Posts: 10,098	Re: How much are you saving for retirement? Have to get out of student debt before I can start saving properly. Currently putting 100 dollars a month into an RRSP. My bonus at work this year is going to pay off my student loan. Then I'll be redirecting the money I was paying for my loan (150/month) into a savings account. That redirection plus my bonus NEXT year is a down payment on a house. Then that 150/month starts also going into an RRSP. Hooray building equity!