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Ottawa engineer, 29, with side hustle balances financial obligation repayment, saving and investing for a marriage

Ottawa engineer, 29, with side hustle balances financial obligation repayment, saving and investing for a marriage

A teacher, have a side hustle: tutoring to augment his $71,000 a year salary, he and his fiancee

“I’m lookin towards taking out of this pandemic and hosting a wedding that is awesome my fiancee.”

Like most younger Canadians, 29-year-old Alex has its own contending economic priorities.

Repaying pupil financial obligation are a huge one. The chemical that is ottawa-based finished by having a PhD in 2016 with loans through the national together with bank. “once I completed my level, I experienced $15,000 in pupil debt for a personal credit line,” he claims. “I centered on grinding that down – my credit line is my priority.”

He made their final repayment into the bank in July, 2020, but he nevertheless has $28,000 in authorities student education loans. “Pursuing a PhD is surely I monetary hit. We nevertheless wound up accepting additional financial obligation than I became more comfortable with,” he states. (suite…)