Pricing.
#13
#14
I will share my tips for car buying.
Have a spouse that makes very good money
Have an income that is above average yourself
Do not drink
Do not eat out
Do not carry credit card balances
Make sure your house expenditure is low ie below 20% of your gross
Invest invest invest right out of high school
And the biggest tip NO CHILDREN
There are others but
Have a spouse that makes very good money
Have an income that is above average yourself
Do not drink
Do not eat out
Do not carry credit card balances
Make sure your house expenditure is low ie below 20% of your gross
Invest invest invest right out of high school
And the biggest tip NO CHILDREN
There are others but
#15
0% put down NOTHING
.09-3% I would say put down minimal amounts Anything above 3% I believe in putting 33% down or more if possible.
I know in todays society most purchases have a component involving instant gradification and paying for it a second or after thought. There's an acquaintance of mine paying over 800.00 per month on a 06 Mustang GT vert which he bought new. I did not have to use my cranial computer for more than 5 seconds to realize that he put exactly ZERO down at 7ish%. That Mustang is going to cost him (keep in mind an 06gt vert) well over 50,000.00=ouch.
Until recently Canadians were following the American mortgage example of 40 year mortgages with nothing down. Thankfully the gov't put an end to that or we might be in the same boat real estate wise as the Americans
I am not sure about the other members here but as you approach 50 (hopefully sooner) you really do start to think about your retirement years and how the Canadian gov't pensions just do not cut it ie not nearly enough $$$$$$$per month.
I guess in a nutshell (in this case a long winded reply) buy your house or find really low cost housing, invest and spend the left over on what makes you happiest.
#16
You are saying a bunch of good stuff that I agree with.
After seeing all these big financial services companies make money off of my rrsp money I decided to take responsibility for my retirement. Now into rental properties. No regrets...yet been doing it for 6 years.
You only go through life once and if you can afford a new Boss 302 more power to you. You have earned the right to buy it, whether through credit or cash, it does not matter.
After seeing all these big financial services companies make money off of my rrsp money I decided to take responsibility for my retirement. Now into rental properties. No regrets...yet been doing it for 6 years.
You only go through life once and if you can afford a new Boss 302 more power to you. You have earned the right to buy it, whether through credit or cash, it does not matter.
#20
A 1 bedroom can vary from sub $500 (divey) to $1,200 and higher. Usually $650 plus hydro gets a nice place but not super. Each additional bedroom generally adds about $200.
What are rents like in Calgary?