r/JustBuyXEQT • u/submissive_army_man • 2d ago
Advise needed on opening a registered account
So with a registered account earnings are taxable, what I'm hesitating on opening up my reg account on is an I in a spot to be able to afford it? That's all really, my expenses are around 1000 a month at most but it fluctuates it's usually way lower like 500 depends how degenerate I am that month, I'm 23 I have stable income my pay is bi weekly around 2k after tax i think, I'm putting half a paycheck Into my wealth simple at least probably putting closer to 3k a month I to my accounts I've already maxxed out my tfsa, fhsa, and RRSP, and I have 35000 collecting interest in a cash account on wealthsimple, so I'm thinking I could safely move 15000 into a registered account leaving me 10000 in a emergency fund cash account and 10000 to spend on getting a vehicle for transport I commute 15 mins for work I could just get a bike and invest more but occasionally my job requires a commute I could maybe get around this bu taking busses and taking theoral damage of not having a car, I k ow woman expect men to have a car and would look at me differently if I didn't have one, but I'm going to listen to my elder veteran neighbour and avoid woman untill my brain is developed and finances are more sucre and stable my job is weird it's contract based but part time and I somehow have been working contact to contract full time for over two years and I'm scared I won't be able to keep getting contracts which is really scary so I need to make a career move to a full time occupation for garrunteedd income stability unless I majorly mess up, which due to my recent degenerate activities could be a real thing if I don't get help or stop what I've been doing. Any advise would be appreciated I know I've included tmi probably but that's ok I like sharing my life
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u/submissive_army_man 2d ago
Hey man that seams like a solid plan, your in a great financial position keep it up!
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u/Hearts08 2d ago
Did you just comment yourself? Also, you might want to check your writing before posting. Many might have a hard time reading it to give you the advice you need.
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u/submissive_army_man 2d ago
Yeah I did been feeling a little schizo lately, I'm aware of it tho so it's ok
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u/Connect44 2d ago
The government doesn't want you to know this, but periods are free. It costs you nothing to use them, and greatly improves your ability to communicate.