posted on May, 20 2012 @ 08:03 PM
Originally posted by RyanFromCan
reply to post by bobs_uruncle
You want to buy a house? $1,500 a month plus taxes of $300
You want to rent for a small family? $1,500 a month
Groceries? $800 to $1000 a month
Car/Gas/Maintenance and Ins? $1,200
I don't know where you live, but I live in SE Saskatchewan, oil country, high cost of living here.
I down sized my home (I take care of my father) to a mobile home, and rent a lot in a park, currently looking at an fixer-upper in a community 30 min
away to buy for a steal of a price. I own outright my 1991 Dodge Dakota, complete with peeling pain, but she purrs like a kitten, with a loving
330,000K on the clock, not an ego ride by any means, but it sure beats big insurance and loan payments. I grow a garden, and eat simple, not fancy,
and even harvest the odd edible wild (dandelion greens are actually quite good in a stir fry. salad, or pasta sauce). I have a baseline cell phone
older BB Curve), no iPhone 4s or the next fad for this guy, base internet, no cable, and use calling cards for long distance.
You want to buy a house? $400 a month plus taxes of $300/yr (yes, these are correct numbers for the house I am looking at)
You want to rent for a small family? $607 a month (pad rent)
Groceries? $300 to $450 a month
Car/Gas/Maintenance and Ins? No payments on truck, $64 insurance (good driver discount), $150 gas, $25 maintenance (do work myself)
Phone/Internet/TV/Cell? $80 Phone/internet (Streaming/podcast TV is fine, and no more than my net hookup) $75 Cell (company pays $50 of it as it is
used for work as well)
$607 Pad rent
$64 Car Insurance
$80 Internet, Phone, TV
Time for you to downsize, take care of your needs not wants or ego, and humble yourself a little.
PS, the house I am looking at is a fixer-upper, not a palace, but is more than livable, I can do the work myself, and comes with the lot the house the
lot is on, and the empty lot beside it, with the option for a 3rd attached lot that has a derelict house on it (needs basement repairs, a collapsing
wall.), the two lots would be paid off in just over 5 years, the 3 lots would be just under 8 years at the $400 month payment rate, shorter if the
mortgage holder passes before it is payed off (insurance, private mortgage)
Not trying to brag, just pointing out that you can live "on the cheap" if you are not a high maintenance person who defines themselves by their
palace, or their car. the type of people that snicker at the vehicle I drive or the home I live in (not huge, but not a dump either) are exactly the
type of ignorant, fake people I would not want as friends or associates anyways, so no worries for me.
Personally, I have downsized so that I can concentrate more on my business and not "things." The numbers I mentioned were for that retarded place
called Toronto, but understand that Vancouver is even worse. I have a couple of vehicles, both older but I like the older vehicles, they are generally
easier to work on in a pinch. Like you, I have one with 330k on the clock, runs well and it's a mini-van. My sports cars I sold long ago.
I was up in Atikokan a couple of years ago, houses there were a good price, but no industry. You could buy a 3 bedroom with a hot tub and jacuzzi for
less that $30,000 and they were completely refinished. Amazing prices in some place. The most important thing however, is that wherever anyone
"settles" they have to be able to support the financial requirements to live. So, if you can get away with $1400 in Saskatchewan, perfect, but for
those people stuck in Toronto or Ontario for that matter, your basically looking at $2400 plus plus.
Personally, I am looking at going totally off the grid. There is crown land 20 miles north of me (I would probably go farther). I can build a house
(done it before), I can power it with about 5kw continuous, there's fresh water and a waterfall nearby so I can use that as a secondary source of
electricity. I could cut down about an acre of trees to grow food and manage a few animals. I'd have no problem going off the grid entirely, but I
would bet the government would have a problem with me doing just that.
So, I wasn't complaining, just stating a fact, life is expensive in Toronto, I probably should have clarified the location if I didn't.
Cheers - Dave