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Old 09-08-2012, 07:23 AM   #19
WilsonFourTwo
First Line Centre
 
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Join Date: Apr 2009
Location: Calgary.
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Once you start factoring in all of miscellaneous expenses people seem to ignore/forget (work clothing, commuting costs, Christmas presents, home/auto maintenance), the annual total goes up quite a bit. I believe that 40k (gross) is the minimum for independent living with a modest social life. Even then, you better be one heck of a good budgeter in order to avoid debt.
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