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Updated as of 8/28/2018. Reduced my debt-load by $5K by investing in the stock market.

@rblaw Yeah, I'm definitely thankful for the annual salary increases. It is well known in the field I work in (professional services)

@airamnire Should've clarified: Financial Analyst. Yes, hoping I haven't fucked my future plans up too bad.

@helenix Agreed - removing that from my plan.

@weakmadestrong When my future wife and I apply to obtain a mortgage (say around age 32), is it common for the bank to ask about my consumer proposal? Will my wife then find out about that I had to go through a consumer proposal during the application/review process? My girlfriend and I (of 6...

@godschild0876 Agreed, I was initially freaking out about this situation but it will eventually be brought up

@weakmadestrong When my future wife and I apply to obtain a mortgage (say around age 32), is it common for the bank to ask about my consumer proposal? Will my wife then find out about that I had to go through a consumer proposal during the application/review process? My girlfriend and I (of 6...

@weakmadestrong Thanks for your advice. My income is expected to increase $9-10K per year, pre-tax - so I agree that proposal is a better option. The 10 year idea is anecdotal from a Reddit post: I assumed that if it takes 3 years to pay off (unless which, if $12K divided over 30 months is...

@bodhiboy Thanks for replying, really appreciate it. To summarize (so I understand your strategy, and can include in my notes): Keep $1,000 in chequing account. Request balance transfer $5.8K from PC MC to Scotiabank CC (6 month rate of 1% applies until Feb 1 2019). Make monthly payments to...

@bodhiboy Budget is updated for post-stupid purchases

Hey everyone, I'm looking for some advice advice on my situation. Currently 24 y/o, living in Toronto and racked up a large amount on my credit cards. See below for an analysis of: Current Debt Position Annual Pre-tax Salary (CY + projections) Monthly Budgeting Life Timeline Current position...