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6793026 · 07-21-2016, 12:43 PM

1) media is shit.

People buying everything, neighbour is empty blah blah blah. I never see report of that retired couple who just got $5 million dollars who was once house rich but living off CPP month to month for the last 10 yrs. They now never have to clean the house that's 6000 sq ft. which was way too big for them to begin with. I don't see them on Global news showing how they are enjoying their retirement life, giving their grandson their university tuition or the $100k down payment they just gave their son and daugther to help them out.

2) EXPECTATIONS.

i LOVE how some of you have adjusted your expectations. Something I seem to have to tell people. You DON'T need LV bag nor need a car payment that's $1000 for your C class just cause it's nice.

what people need is adjust their expectation. STFU about how your kid will have a tough time growing up in an apartment. LOOK at hongers who grew up with a family of 6 in a 400 sq ft house (myself included). I turned out ok.

3) WTF is emergency fund.

For those of you who are in their 30s, have you thought about losing your job? When shit hits the fan, that's when you realize WOW, my mortgage is HUGE.

I have a few people, mid careers, laid off. SWEATING bricks. You have to prepare for the worse sometimes. From a $100k job to EI, is a HUGE hit, you might have to rough it out for 8 months (i did) and bounce back on your feet.

2.5% interest is really low; try in the next 8 yrs when it goes up to 3.5% + inflation.

07-21-2016, 12:43 PM	#7148
6793026 RS.net, helping ugly ppl have sex since 2001 Join Date: Apr 2004 Location: GTA, BC, HK Posts: 8,390 Thanked 2,936 Times in 1,284 Posts Failed 171 Times in 78 Posts	1) media is shit. People buying everything, neighbour is empty blah blah blah. I never see report of that retired couple who just got $5 million dollars who was once house rich but living off CPP month to month for the last 10 yrs. They now never have to clean the house that's 6000 sq ft. which was way too big for them to begin with. I don't see them on Global news showing how they are enjoying their retirement life, giving their grandson their university tuition or the $100k down payment they just gave their son and daugther to help them out. 2) EXPECTATIONS. i LOVE how some of you have adjusted your expectations. Something I seem to have to tell people. You DON'T need LV bag nor need a car payment that's $1000 for your C class just cause it's nice. what people need is adjust their expectation. STFU about how your kid will have a tough time growing up in an apartment. LOOK at hongers who grew up with a family of 6 in a 400 sq ft house (myself included). I turned out ok. 3) WTF is emergency fund. For those of you who are in their 30s, have you thought about losing your job? When shit hits the fan, that's when you realize WOW, my mortgage is HUGE. I have a few people, mid careers, laid off. SWEATING bricks. You have to prepare for the worse sometimes. From a $100k job to EI, is a HUGE hit, you might have to rough it out for 8 months (i did) and bounce back on your feet. 2.5% interest is really low; try in the next 8 yrs when it goes up to 3.5% + inflation.