Is it possible to save 10000Rs/Month ?


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metouk   
Member since: Feb 05
Posts: 220
Location:

Post ID: #PID Posted on: 11-07-05 05:56:48

Hi , I am planning to land in canada next year . I am working as a technician in gulf country . I am able to do blue colour jobs . I am not cominh here for any hi fi target . My target is to save 10000Rs. per month . Can I do it here living simple middle class life style ? [ if my salary is around 2500 cad / month ]



ptm   
Member since: Jul 05
Posts: 213
Location: india

Post ID: #PID Posted on: 11-07-05 09:23:21

hi
its strange that u r talking about saving Rs,100000/- pm when u r saying ur salary would be C$2500(Rs.87500).
minimum amount requird for survival is C$2000.
after tax ur income will roughly around C$2000.
so u will be at break-even.
whatever ur wife will earn will be ur saving.



ThinkingOne   
Member since: Mar 05
Posts: 496
Location:

Post ID: #PID Posted on: 11-07-05 09:57:19

Quote:
Orginally posted by metouk

Hi , I am planning to land in canada next year . I am working as a technician in gulf country . I am able to do blue colour jobs . I am not cominh here for any hi fi target . My target is to save 10000Rs. per month . Can I do it here living simple middle class life style ? [ if my salary is around 2500 cad / month ]



YES, you can do that. Rs 10,000 means abt CAD 300 only, which is not a big deal to save. If u move to smaller cities, you can save still more.



rajcanada   
Member since: Jul 03
Posts: 2713
Location: Kitchener, ON

Post ID: #PID Posted on: 11-07-05 17:37:28

Quote:
Orginally posted by metouk

Hi , I am planning to land in canada next year . I am working as a technician in gulf country . I am able to do blue colour jobs . I am not cominh here for any hi fi target . My target is to save 10000Rs. per month . Can I do it here living simple middle class life style ? [ if my salary is around 2500 cad / month ]



If you are single and willing in living in shared accommodation, saving $300 out of $2000 would not be difficult.


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ani70   
Member since: Oct 03
Posts: 765
Location: Canada

Post ID: #PID Posted on: 11-07-05 17:39:31

>>>>>>>>>>>
minimum amount required for survival is C$2000
>>>>>>>>>>>
If you are coming alone and sharing with someone for stay I think you can manage everything within $1000- -1200 per month.

:cheers:


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ani


metouk   
Member since: Feb 05
Posts: 220
Location:

Post ID: #PID Posted on: 11-07-05 18:07:24

Hi , Thanks for replies .
I am married person & expecting child next year .thinking to settle in alberts state initially . I am working in oil & petrochemical industry . If any one have idea about this field & salary structure please let me know .
My target is simple : every month save 10000Rs. this is for my old age survival . Due to child initially for 2-3 years my wife can not do job so my family have to survive on my income only .
Your suggestion , guidance , advices are most wel come
Thanks in advance



Timon   
Member since: Mar 04
Posts: 297
Location: Greater Toronto Area

Post ID: #PID Posted on: 11-07-05 18:22:48

Metouk.

Welcome to Canada.. You are the right candidate for Canada. Think simple and get the best

Good luck once again

T


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