For context I live in Canada with my parents (housing market is wildly out of budget for the foreseeable future), make ~$4200 a month, and take public transit to work:
$400 goes to RRSP monthly $1250 goes to TFSA biweekly $100 goes to student loan monthly
Leaving me with $1200 a month to spend. Is a $600 car payment and ~$300/month insurance financial suicide? should I wait for interest rates to come back down?
original posted by Steelshot71 to r/personalfinance on Thu, 29 Feb 2024 15:20:49 GMT.