[ShepherdsDog]

My wife's cousins bought a motorhomee and the furthest they've gone with it is Regina Beach because they can't afford to go any further.

[Tricks]

Yogi Yogi:

Here's a really good 'mainstream example' of why most people 'don't have any money left over to ivest/save'.
This is a young family that I personally know.
Mom and Dad both working, making above average combined income.
Mortgage ( which wouldn't have happened without 'help')
2 kids-7 & 9 yrs-Daycare subsidized by all of us! BOTH of the kids have Blackberries (sp?) Whose paying for that!
BOTH kids have play stations. New games all the time. Whose paying for that?
All the latest in 'designer clothes'!
Everyone in the family have very nice, expensive bikes which rarely get used.
Dad likes his beer and PS3 -more expensive games
Wii- and even more expensive games!
Mom & Dad also attend a lot of concerts and hockey games in the city. -Travel-hotel-tickets- more beer!
3 vehicles all registered and insured
Boat & trailer & Camping gear

Family vehicle was a really nice 'almost paid for' 2007 SUV complete with add-on of dual video players in the back seat for the kids "to keep them occupied while we travel". And one for the front passenger too!

But the interest rates on NEW vehicles NOW are soooo low that it would be stupid to pass up!
Enter: 2012 SUV with every conceivable 'add-on' that a vehicle manufactuer ever came up with! And matching monthly payments and insurance premiums. But only for 5 years! ( Payments are more than I ever paid for 'mortgage'!

So while I am 'appropriately' Ohhhing and awwwing' over this latest necessary purchase, I ask" So, where did you guys go for holidays this summer"?

"oh, we only went out to a local lake a couple times cuz we just couldn't afford to go anywhere this year.

So they enjoy themselves year round instead of once a year.


And you really need to learn what a quote is for.

[OnTheIce]

I think our Country needs to seriously look at making investing and retirement an issue that's taught in school heavily.

Too many students get out of school without a clue what investing is all about. The compound interest factor, etc.

I started my RRSP's as early as I could and when my time comes to retire, I won't be reliant on CPP to get me by.

You don't have to put away a lot of money, you just have to start young and make small investments over time.

[Tricks]

OnTheIce OnTheIce:

I think our Country needs to seriously look at making investing and retirement an issue that's taught in school heavily.

Too many students get out of school without a clue what investing is all about. The compound interest factor, etc.

I started my RRSP's as early as I could and when my time comes to retire, I won't be reliant on CPP to get me by.

You don't have to put away a lot of money, you just have to start young and make small investments over time.

This. And as you make more, you can add more.

[OnTheIce]

Yogi Yogi:

Here's a really good 'mainstream example' of why most people 'don't have any money left over to ivest/save'.
This is a young family that I personally know.
Mom and Dad both working, making above average combined income.
Mortgage ( which wouldn't have happened without 'help')
2 kids-7 & 9 yrs-Daycare subsidized by all of us! BOTH of the kids have Blackberries (sp?) Whose paying for that!
BOTH kids have play stations. New games all the time. Whose paying for that?
All the latest in 'designer clothes'!
Everyone in the family have very nice, expensive bikes which rarely get used.
Dad likes his beer and PS3 -more expensive games
Wii- and even more expensive games!
Mom & Dad also attend a lot of concerts and hockey games in the city. -Travel-hotel-tickets- more beer!
3 vehicles all registered and insured
Boat & trailer & Camping gear

Family vehicle was a really nice 'almost paid for' 2007 SUV complete with add-on of dual video players in the back seat for the kids "to keep them occupied while we travel". And one for the front passenger too!

But the interest rates on NEW vehicles NOW are soooo low that it would be stupid to pass up!
Enter: 2012 SUV with every conceivable 'add-on' that a vehicle manufactuer ever came up with! And matching monthly payments and insurance premiums. But only for 5 years! ( Payments are more than I ever paid for 'mortgage'!

So while I am 'appropriately' Ohhhing and awwwing' over this latest necessary purchase, I ask" So, where did you guys go for holidays this summer"?

"oh, we only went out to a local lake a couple times cuz we just couldn't afford to go anywhere this year.

So you'd be more impressed if they saved there money all year and blew 5k on a weeks vacation to Cuba?

IMO, your post screams of jealousy....as that's typical when those around them have more.

[Bruce_the_vii]

People aren't entirely responsible on average. It's just part of the way things are. In particular they have children when it's not clear how they will afford to retire. Maybe you are okay but half your family will be taking risks. And old people launch themselves at the children to take care of them rather than doing so themselves. You can't be too critical, life is sort of a lottery.

[Yogi]

Tricks Tricks:

Yogi Yogi:

Here's a really good 'mainstream example' of why most people 'don't have any money left over to ivest/save'.
This is a young family that I personally know.
Mom and Dad both working, making above average combined income.
Mortgage ( which wouldn't have happened without 'help')
2 kids-7 & 9 yrs-Daycare subsidized by all of us! BOTH of the kids have Blackberries (sp?) Whose paying for that!
BOTH kids have play stations. New games all the time. Whose paying for that?
All the latest in 'designer clothes'!
Everyone in the family have very nice, expensive bikes which rarely get used.
Dad likes his beer and PS3 -more expensive games
Wii- and even more expensive games!
Mom & Dad also attend a lot of concerts and hockey games in the city. -Travel-hotel-tickets- more beer!
3 vehicles all registered and insured
Boat & trailer & Camping gear

Family vehicle was a really nice 'almost paid for' 2007 SUV complete with add-on of dual video players in the back seat for the kids "to keep them occupied while we travel". And one for the front passenger too!

But the interest rates on NEW vehicles NOW are soooo low that it would be stupid to pass up!
Enter: 2012 SUV with every conceivable 'add-on' that a vehicle manufactuer ever came up with! And matching monthly payments and insurance premiums. But only for 5 years! ( Payments are more than I ever paid for 'mortgage'!

So while I am 'appropriately' Ohhhing and awwwing' over this latest necessary purchase, I ask" So, where did you guys go for holidays this summer"?

"oh, we only went out to a local lake a couple times cuz we just couldn't afford to go anywhere this year.

So they enjoy themselves year round instead of once a year.

^Typical case of 'The ant & the grasshopper'!


And you really need to learn what a quote is for.

"Fuck off"!

[Tricks]

Yogi Yogi:

^Typical case of 'The ant & the grasshopper'!

How do you figure? Are they struggling to pay bills? Are they struggling to feed themselves? Are they still saving something for retirement? Their kids' educations? If they make enough to buy themselves stuff year round and do that instead of going on some extravagant trip, that is their choice. Different strokes for different folks.

$1:

$1:

And you really need to learn what a quote is for.

"Fuck off"!

Thank you for proving my point.

[Yogi]

Tricks Tricks:

Yogi Yogi:

^Typical case of 'The ant & the grasshopper'!

How do you figure? Are they struggling to pay bills?YES! Are they struggling to feed themselves? Are they still saving something for retirement? NO!Their kids' educations? NO! If they MADE enough to buy themselves stuff year round and do that instead of going on some extravagant trip, that is their choice. Different strokes for different folks.

$1:

$1:

And you really need to learn what a quote is for.

"Fuck off"!

Thank you for proving my point.

WHOOOOOSH!

[Tricks]

Then that's different, and you didn't say that in your post did you? All you did was write about all the shit they bought and how they didn't go on vacation.

Communication, it's a valuable skill, learn it.

[BartSimpson]

Yogi Yogi:

"oh, we only went out to a local lake a couple times cuz we just couldn't afford to go anywhere this year.

Exactly.

I'm in LA this week and every night I've been going out for a fantastic dinner because they've got places here that just don't exist in Sacramento. My coworkers are all driving new cars and etc. and they're eating hamburgers and other fast food because that's all they can expense. Me? I ate dinner last night at the Marmalade Cafe at The Grove in Hollywood and across from me sat Sarah Michelle Gellar with some other people. The night before I ate at Trader Vic's and the crew from the new Batman movie was in having dinner. The night before that I ate at LA Prime and had a view of Los Angeles at night and enjoyed an amazing New York steak.

Do I always eat like this? Heck no! But while I am here I am enjoying myself in addition to doing my job and blowing a few hundred extra bucks on a good time doesn't hurt my budget at all. Oh, and at Trader Vic's the waitress was a French girl (about 30) and we had a wonderful chat about Canada.

[Tricks]

BartSimpson BartSimpson:

Oh, and at Trader Vic's the waitress was a French girl (about 30) and we had a wonderful chat about Canada.

Was she a werewolf of London?



All I can think of when I hear Trader Vic's.

[Yogi]

Tricks Tricks:

Then that's different, and you didn't say that in your post did you? All you did was write about all the shit they bought and how they didn't go on vacation.

Communication, it's a valuable skill, learn it.

You seem to be the only one around here who continually has understanding/issues with my posts. But, given your age, and lack of experience, that is to be expected. Now, why don't you run along and go play, and let the adults have some meaningful conversation!

[raydan]

BartSimpson BartSimpson:

Oh, and at Trader Vic's the waitress was a French girl (about 30) and we had a wonderful chat about Canada.

Why would you chat about Canada with a French girl... I would understand France, but Canada?

[Brenda]

raydan raydan:

BartSimpson BartSimpson:

Oh, and at Trader Vic's the waitress was a French girl (about 30) and we had a wonderful chat about Canada.

Why would you chat about Canada with a French girl... I would understand France, but Canada?

"Oh! They speak French in Canada! Do you know so-and-so? They are from Canada too, they moved there from France in 1836!"