https://padlet.com/sam611/ly4wnx5ddgyu By Samantha Sherwood en-us 2019-10-28 17:02:12 UTC 2024-05-19 06:29:04 UTC hello@padlet.com https://padlet.net/icons/png/1f60b.png sam611 https://padlet.com/sam611/ly4wnx5ddgyu/wish/407728756 While reading this, you will learn the factors that contribute to living on your own (eg. money, savings, budgeting) through photos, videos and websites. Living on your own means living without anyone with you and most times caring for yourself with groceries, bills, cleaning and even more.]]> 2019-11-06 20:17:05 UTC https://padlet.com/sam611/ly4wnx5ddgyu/wish/407728756 sam611 https://padlet.com/sam611/ly4wnx5ddgyu/wish/414388729 This image resembles when you live alone, and how you must pay for bills, food, clothes, benefits, personal wants, etc. This photo shows the reality of living alone and how you must take care of yourself and you may not have help along the way]]> 2019-11-21 00:10:39 UTC https://padlet.com/sam611/ly4wnx5ddgyu/wish/414388729 sam611 https://padlet.com/sam611/ly4wnx5ddgyu/wish/414389762 This image resembles the thoughts that can go through ones mind when living on their own. If you live on your own, you may constantly be focused on money and how to save it or wisely spend it to be able to survive on your own.]]> 2019-11-21 00:14:13 UTC https://padlet.com/sam611/ly4wnx5ddgyu/wish/414389762 sam611 https://padlet.com/sam611/ly4wnx5ddgyu/wish/414412508 This video states the way to budget and save money. In this video he states, that you must set a budget when living, and setting realistic standards that can help in the future. He believes making sacrifices with purchases is crucial. He says you should find how much you're spending on a monthly basis, this determines where you may be able to cut down on expenses. He also says you must calculate your income as well and always make sure you have positive cash flow. He states you should track your money on a weekly basis to see the progress and you'll know where you are at with you budget and can make changes.

I choose this video since it gives great advice on how to save with your money and why you need to make a budget. This is something that people living alone should know because it can help them spend their money wisely and they will be able to afford living on their own and succeeding with it, and not leading into debt or trouble. I found that tracking your weekly expenses was interesting, it can help you come to realization faster on what has to be changed in your money spending and as well it makes it quicker then doing it every month.]]> 2019-11-21 01:23:01 UTC https://padlet.com/sam611/ly4wnx5ddgyu/wish/414412508 sam611 https://padlet.com/sam611/ly4wnx5ddgyu/wish/414415303 The main idea of this video was to give rough estimates of the cost to live in Toronto for one single person. It starts off with stating that rent is rising in Toronto and the average cost of it is $2,212 for a condo and $1,987 for a one bedroom apartment. the overall average of renting in Toronto is around $2,079,75. Phone is around $90 a month and internet is around $66. The average grocery is $283.60 a month, and the average entertainment is $445. it later states, fitness, insurance and more. This comes to the grand total of $3,341.44 per month or $40,097.28 a year.

I choose this video because it outlines the expenses to live in Toronto, one of the most expensive places in Canada. It shows the amount of money on average a person spends every month to live here. I also choose this video to show how much a single person must have or be able to maintain to live in Toronto. An interesting fact was how much rent cost in Toronto, the average was over $2,000 a month and in a lot of places rent is only around $700 a month. In conclusion Toronto is extremely expensive for a single person to live.]]> 2019-11-21 01:31:07 UTC https://padlet.com/sam611/ly4wnx5ddgyu/wish/414415303 sam611 https://padlet.com/sam611/ly4wnx5ddgyu/wish/414429406 In Canada, it can cost a lot of money to study and be a student. In this video he states several tips. to afford to live in Canada as a student. First he states that you should likely live off. campus since it. is cheaper than on campus. He also goes on to talk about buying objects like desks, shelves, toasters, etc. Check second hand. websites or stores to get cheaper options. Next he mentions to not to use the food plan given from the school and prepare food at home, you could be saving around $200. Also buying cheaper costing items and not spending on the higher priced ones (buy great value instead of lays). Another tip is to buy things in bulk it may save you some money rather then going. out every week to buy this one item. Look for Bursaries and grants as well as loans to help you with your financial situation. As well as getting a part time job to have some income in your life to be able to have some extra money.

I choose to use this video since not everyone living alone is out of school and may just living alone university or college. He covers most of the crucial topics when it comes to saving money in school. His most unique tip he gave was to look for student loans, grants and bursaries to help you along the way with. some extra money to spend on home objects, utilities, school supplies, etc.]]> 2019-11-21 02:16:04 UTC https://padlet.com/sam611/ly4wnx5ddgyu/wish/414429406 sam611 https://padlet.com/sam611/ly4wnx5ddgyu/wish/414429510 This video covers how much it costs monthly while living in Canada. The video starts out with housing and how three factors determine how much it is, location, type of house, size. This video covers rent more, which can be up to $3,000 a month. next talking about utilities which are fixed every month. As well food and how much restaurants are and how many times you eat out rather then eating in. Next is how much transportation costs, it depends where you live. If you live closer to downtown you can walk but if you live farther then you may have to pay for buses or even a car. As well you have to keep in mind extra money you may need for gym memberships, shopping, etc.

I choose this video because it goes into detail how much money a single person may spend In Canada when living on their own. This video is similar to one talked about later but I found this video was unique when it talks about extra expenses that could come into account like your gym membership or movie tickets, you want to have some extra money to have fun as well and not be stuck doing nothing. In this video it also went into detail of the many options of housing, food, cars, transportation you cantata to save yourself money.]]> 2019-11-21 02:16:25 UTC https://padlet.com/sam611/ly4wnx5ddgyu/wish/414429510 sam611 https://padlet.com/sam611/ly4wnx5ddgyu/wish/414429549 When you're living on your own as a student it may be hard to save money since you are always focusing on assignments or going to class. first, you should make a budget, tracking your income and expenses for the year youre at school. next, you should figure out what your needs are and your wants, do not get them confused. after that, you should look into grants and free money t hat could benefit with with rent and paying bills. This article also talks about shopping impulses and how to manage groceries and meal plans.

I choose this website to use since it was targeted towards students. Students. are most likely living alone or paying for themselves when in collage/university so they do not rely on someone else money when buying food, or shopping for theirself. The most interesting information is deciding between the needs and wants, I believe this can be a big problem when you live alone, its hard to not buy certain things when you're the one buying it, in other words, no one is telling you to not buy it. Its a great piece of advice for students and everyday people to learn so it helps with not buying items that are not essential when living alone and it helps with saving the money.]]> 2019-11-21 02:16:36 UTC https://padlet.com/sam611/ly4wnx5ddgyu/wish/414429549 sam611 https://padlet.com/sam611/ly4wnx5ddgyu/wish/414429604 The whole idea of this website is the costs of renting in Canada, and stating the money you may need to spend on the apartment. It starts with the upfront costs you must pay with renting like, first/last months rent, utilities, security deposit, the moving expenses, renter insurance. You may also need to buy all new things for your place like, furniture, dishes, towels, etc. This website advises you to check your credit report before moving since it may sent some boundaries when you are looking for houses. since you may have restrictions, try to look for places with utilities like, washing machines, air conditioning, close to work or school, etc. As well you should budget before you plan the move and during your rent as well to save on some money. 

I choose this website because it talks about a few different aspects to living on your own that my other articles did not touch on. This website was directed towards renting which is good since if you're living on your own for the first time it may be just renting because of a lack of money to buy a house yet. One different thing I liked that this website taked about was checking your credit report and seeing how much money you can work with and what boundaries you may have to set when choosing a house. Another different aspect this touched on was to find a place with utilities since it may help with money saving on your part, and it will be easier for yourself to save money and help with your budget.]]> 2019-11-21 02:16:49 UTC https://padlet.com/sam611/ly4wnx5ddgyu/wish/414429604 sam611 https://padlet.com/sam611/ly4wnx5ddgyu/wish/414429684 This website talks about how to make budgets and how to save money as well when living alone. First, they state that how to start a budget, put into consideration if you have a roommate that can save you some money on your apartment, if you have a paying job, if you're using internet, water, etc. After adding up everything with numbers they state that if you do not have financial help then you most likely won't have much extra money to spend, which leads into saving tips. A couple tips they give to save some money is to look out for objects people may be getting rid of, selling unused belongings, cook and buy in bulk, finding a job with benefits. As well make a rainy day fund and don't overspend.

I choose this website because it had some unique tips on how to save when living alone. All the other websites I choose talked more about budgets but this one took a closer look on how to save some extra money. The most unique tip I liked that they give was to make a rainy day fund which is setting aside money for emergency situations like your sink breaks, flooding, etc. If you did not save any money then you would maybe have to work overtime to get this extra money to fix your house.


]]> 2019-11-21 02:17:05 UTC https://padlet.com/sam611/ly4wnx5ddgyu/wish/414429684 sam611 https://padlet.com/sam611/ly4wnx5ddgyu/wish/414429839 In Canada, the most common type of household in 2016 was a one person household. this can account for many reasons like divorce, being busy and even more. Many people who live alone  was different finance struggles compared to people who have to incomes coming in from another spouse as well. Some tips for for financial goals while living alone are, saving for an emergency fund, which is when In a case of a financial set back where you may need to use all your money to fix something. They say to have 3 - 6 months of pay check saved for emergency funds. The next tip is to create a budget to be able to know what comes in and out of your finances. Next is to consider insurance to help with sicknesses, disability, etc. Next is to plan for retirement and invest to create. growth and it will add up quickly with small payments. Lastly, is to keep in mind unique financial needs like tax considerations. 

I choose this website since. it has a broad outlook on what you need got look out for financially when living alone and how common it is to live alone in Canada in the past couple years. A unique tip they stated was to invest in a retirement plan since it will add up in the long run. As long as you make small payments to retirement fund and your emergency fund then you will have enough money accumulated for situations you'll need it and as well for your future life.]]> 2019-11-21 02:17:39 UTC https://padlet.com/sam611/ly4wnx5ddgyu/wish/414429839 sam611 https://padlet.com/sam611/ly4wnx5ddgyu/wish/416368876 2019-11-25 20:03:23 UTC https://padlet.com/sam611/ly4wnx5ddgyu/wish/416368876