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Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.

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Old 10-20-2011, 12:08 AM   #76
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Man! you guys dont know how to save money on groceries!

Best place hands down Chinatown the smaller shops. More specifically Chinatown, Sunrise (across from china world)

The produce there is fresher, riper, cheaper then any big box grocery place (superstore, walmart etc)... Only down side is the vegetables aren't thoroughly cleaned and presented..
Damn I miss that place. That's where I do my weekly grocery run.

There is an old lady manning the fruit station. We got along so well she hid the best ones for my family lol.
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Old 10-20-2011, 04:14 AM   #77
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Our taxes are less than other provinces, including Ontario.


Many families rent and do just fine.
Many families own and are stretched thin.

No-one is forcing you to buy.
But they are way higher then Alberta. Income tax is lower in Alberta. We pay 5% tax on purchases and last I saw 1.09 a liter for gas. All that adds up.
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Old 10-20-2011, 05:01 AM   #78
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Yes, i agree that Vancouver is no longer affordable for a lot of people, but it is these rich people that also inject money into our society. I can't blame them for trying to improve their own lives, something attracts them to Vancouver so be glad we are still part of that.
It sucks that the only way to live around here is take over parents old place, make lots of money or move further out but i would much rather do that than live somewhere else.
improve their own lives?
dude they wash money to canada because they cant keep it in their own country EXAMPLE ;CHINA
why? you tell me.
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Old 10-20-2011, 05:58 AM   #79
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Man! you guys dont know how to save money on groceries!

Best place hands down Chinatown the smaller shops. More specifically Chinatown, Sunrise (across from china world)

The produce there is fresher, riper, cheaper then any big box grocery place (superstore, walmart etc)... Only down side is the vegetables aren't thoroughly cleaned and presented..
I get my produce at Crystal Mall.

Sunrise Market is technically not in Chinatown, BTW. I used to go to Rice World across the street from Sunrise, but have found cheaper places. There's this Korean grocery store on Broadway that I shop at now. It's near Fraser Street.

T&T is definitely not cheap. Once in a while they have good deals in their flyer (it's on line), but everything else is on the expensive side. No Frills is still my main place to shop, but recently their sales haven't been that great. Shoppers Drug Mart has some good sale prices. Large eggs for $1.99 Milk 4.29 for 4L, etc.

You can save a lot of money by using the right credit cards. I always pay off the cards, but the points I get on my PC card is great. Right now, just under a grands worth in points. 300 bucks on my Shoppers Optimum Card (non credit card). Costco is another place I get my groceries from, but you really have to watch your prices there, as well. Not always cheap.

I can go on, but TL;NR
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Old 10-20-2011, 07:25 AM   #80
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But they are way higher then Alberta. Income tax is lower in Alberta.
Incorrect: TaxTips.ca - Tax comparison for 2011 by province/territory

For most members here (single, young, making ~$50K) BC actually has lower income tax rates than Alberta. Not by much, yet still lower.

If you're really seeking lower taxes, head north, not east.
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Old 10-20-2011, 07:43 AM   #81
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I hate it when people complain about the people who are annoyed with higher living costs in Vancouver.

Point is, Vancouver has been artificially inflated. It's not that people don't work hard or save up; "young families" that use the same amount of income in other places across Canada can get much more for their money.

I have friends who have moved to the East, earning same or less than what I do, own or are in the midst of paying off their mortgage on a condo/house solely by themselves. It's impossible for them to do the same over here if they have the same job here.
Yeah, but you got live somewhere else? would you own a condo in Edm or rent in Vancouver....simple answer...
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Old 10-20-2011, 07:53 AM   #82
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I know where you are coming from, but to me, I am 28 and can already afford to outright buy any property under 400k with cash, have a wife and a kid all together. I would like to think that I am a hard worker, and is at least lucky enough to have the earning potential.

I would also like to think that I am smart with my money, since for the 07-09 years my return is 23% plus. Now it's a 4-5% because I don't have the time to actively trade anymore.

Yet I am still not comfortable living in GVRD because there just arent that many jobs which pay enough against GVRD's living standard.

I have no problem working 10 hrs a day for a reasonable amount of money, but the truth is that working 10 hrs often gets you 35k per year in a typical Vancouver office.
Good for you....sounds like you are doing a great job providing for your family. From my experience, to make it in Vancouver, you cannot do it with only one source of income. Even if you are a director or VP in a larger company making $200K+. Taxes killed you. To be financially successful in Vancouver, you need to a main good paying gig that pays the day to day bills (mrgt, car pymts, kid stuff, etc.) and another gig that will set up your future. This could be additional rental properties, buying a business, day trading if you are good, etc.

Net, net in Vancouver, you must be an entrepreneur (spelling) and must keep you eyes and ears open for any business opportunities. Unfortunately there are not that many high paying corporate jobs in Van.

Think of all the reallly successful people in Vancouver, Bosas, Lee family, Louie family, Galardis, Bentalls.....one thing in common, they all built there empires thru real estate.
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Old 10-20-2011, 08:54 AM   #83
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You can save a lot of money by using the right credit cards.
I just signed up for an MNBA that gives 3% cash back towards groceries and gas and 1% everything else.

i used to be with citibank but they got bought out by cibc
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Old 10-20-2011, 09:23 AM   #84
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^ because I use the PC credit card so much, I got a letter last week telling me I am eligible for a PC black card. Double points on everything. Credit limit is something astronomical. LOL. I think I can buy a house with it.
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Old 10-20-2011, 10:29 AM   #85
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As long as Canada has no limit on foreign ownership of real estate, the cost of housing in Vancouver will continue to rise and become more and more unaffordable.
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Old 10-20-2011, 10:29 AM   #86
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Incorrect: TaxTips.ca - Tax comparison for 2011 by province/territory

For most members here (single, young, making ~$50K) BC actually has lower income tax rates than Alberta. Not by much, yet still lower.

If you're really seeking lower taxes, head north, not east.
LOL @ making $50k a year..
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Old 10-20-2011, 10:33 AM   #87
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LOL @ making $50k a year..
I was trying to be nice for a change
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Old 10-20-2011, 10:35 AM   #88
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As long as Canada has no limit on foreign ownership of real estate, the cost of housing in Vancouver will continue to rise and become more and more unaffordable.
Australia has much harsher rules, and it didn't work there either. Thus it probably wasn't the issue to begin with.
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Old 10-20-2011, 10:41 AM   #89
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I was trying to be nice for a change
average RS wage is probably more like 25k/yr
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Old 10-20-2011, 11:58 AM   #90
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Yeah, but you got live somewhere else? would you own a condo in Edm or rent in Vancouver....simple answer...
Own. It's better to have equity than not. Better loans, etc.

And I did not say Edmonton. East refers to Ontario.
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Old 10-20-2011, 12:01 PM   #91
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^ I used Edm as an example, regardless you would rather own in a shitty Ontario town Vs living life in Van.....it if makes sense to you.....
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Old 10-20-2011, 02:08 PM   #92
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^ I used Edm as an example, regardless you would rather own in a shitty Ontario town Vs living life in Van.....it if makes sense to you.....
Yes, you're right, I would much rather own:

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...here in BC.

Seriously, no one will argue that "beauty" of living in BC is awesome. What people are discussing here is whether or not a young family can afford to own their own place at the same time as being able to truly enjoy all of the "beauty" that BC offers.
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Old 10-20-2011, 05:25 PM   #93
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^ I agree about owning Vs renting.....heck I am asian, my parents would kill me if I rented......my pt was that I would rather own a 500sq ft condo in East Van Vs having a larger home in a town I don't really like....I travel allot for work and I always love coming home....no better city in the world for quality of life. Making a living here....that's a different story.
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Old 10-20-2011, 07:43 PM   #94
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why do your parents have any say in what you do? arent you an adult?
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Old 10-20-2011, 08:16 PM   #95
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^ it's just a joke man, I stop listening to my parents a decade ago!
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Old 10-21-2011, 04:40 AM   #96
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yep people in australia dont make 28 an hour out of highschool, they all work for 8 dollars an hour.

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Old 10-21-2011, 07:21 AM   #97
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I just signed up for an MNBA that gives 3% cash back towards groceries and gas and 1% everything else.

i used to be with citibank but they got bought out by cibc
If you just signed up for the mbna, You should be getting 5% for gas/groceries for the first 6 months. Did you sign up at great canadian rebates? That's where i signed up and received $60 from them for doing it

MBNA Smart Cash MasterCard - Cash Back Rebates & Online Coupons @ Great Canadian Rebates

I earned $150 back from them within the first 6 months. Great card imo. I use it to pay for everything unless the place takes cash or debit only.
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Old 10-21-2011, 08:05 AM   #98
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If you just signed up for the mbna, You should be getting 5% for gas/groceries for the first 6 months.
yes i got that, i didn't want to post that part as that's only for the first 6 like you said. i didn't sign up through cdn rebates, directly on the mnba site through the sponsor link on RFD so i guess i missed out on the $60
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Old 10-21-2011, 11:17 PM   #99
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Get it ASAP. TD bought MBNA and knowing the big banks, they will probably cut down on the cash back.
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Old 10-22-2011, 02:40 AM   #100
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If you just signed up for the mbna, You should be getting 5% for gas/groceries for the first 6 months. Did you sign up at great canadian rebates? That's where i signed up and received $60 from them for doing it

MBNA Smart Cash MasterCard - Cash Back Rebates & Online Coupons @ Great Canadian Rebates

I earned $150 back from them within the first 6 months. Great card imo. I use it to pay for everything unless the place takes cash or debit only.
Sweet tip! Signed up and applied.
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