<prompt> Human: I recently moved into a one bedroom basement apartment in Toronto. Its 30 minutes from downtown and 20 minutes from my job on public transportation. Heres a breakdown of my income and expenses per month: Income: 1700 Living costs all in: 885 Monthly metro pass: 141.50 Food: 160 Phone costs: 50 That adds up to 1236.50 Im left with 463.50 which I try to disperse between savings and disposable income. Savings: 11k. Id like to put 8k in a tfsa and keep the rest in a regular savings account. Student debt: 30k that Ill start repaying in November.  <response>: Fellow Torontoian here. Boy can I relate to the depression that 885 gets you a basement apartment you still need to commute 20 minutes to. I feel you. That being said, your numbers look really clean, Id just front budget taking 10 off for emergency fund. In your case, you could just allocate a chunk of your savings to this, and then come November be putting 10 to student debt and an additional small fraction to emergency fund. I just feel that allocating a chunk at the start of the month whether to investmentdebtemergency fund and being forced to live on the remainder as you do with rent is the safest and most important budget move. Cheers! 