This West Rouge couple makes $275,000 a year. How do they spend it?
“We’re stuck in a variable mortgage, and it keeps going up”
Who: Roselle Ramirez, 45, and Daniel Gutoiu, 34
What they do: She’s an executive assistant at a software company; he’s a logistics and accounts coordinator for a manufacturer as well as a lender with the car-sharing company Turo
What they make: $275,000 combined
Where they live: A two-bedroom townhouse in West Rouge with their four-year-old son, Nathaniel, and their Aussie Doodle, Denver
Mortgage: $2,500 a month. “We’re stuck in a variable mortgage,” says Daniel. “And it keeps going up.”
Cell: $225 a month.
Hydro: $180 a month. “It used to be around $120,” Daniel says, “but now we have a Tesla Model Y as well as a Jeep hybrid, so we’re using more power.”
Groceries: $1,000 a month. “We go to Costco once or twice a month,” says Daniel. “Otherwise, we like Chinese supermarkets.”
Dining out: $500 a month. “We have a pretty big group of friends,” Roselle says, “and there’s always some sort of occasion to celebrate.”
Business expenses: $2,200 to $2,500 a month. “We rent out our cars for more income, so we invest a lot in detailing and cleaning supplies, power washing, and so on,” Daniel says. “We also pay for a virtual assistant who helps with customer service and administration.”
Savings: $1,500 a month. “We haven’t been as good at hitting our monthly target, what with interest rates going up,” says Roselle. “A lot of our savings get eaten.”
New puppy: $2,400. “We got the dog for exercise and to help teach Nathaniel about responsibility,” Roselle says.
Kitchen renovation: $15,000. “This was a bit of a splurge, but I did a lot of the work myself, with the help of some friends,” Daniel says. “We painted the cabinets, tore down a wall and installed a new island, floor tiles and countertops. It kind of snowballed.”