Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - More than half of Canadians living paycheque to paycheque

Pacem · 09-08-2011, 11:58 AM

Not surprised.

My wife and I have 2 other married couples that are close friends. We easily make less money then either couple and are far more financial secure and always have been. Us 3 couples got married within 5 months of each other, my wife and I were the ony couple to walk away debt free. That was before we opened up all our gifts. My wife and I have a rainy day fund that if both of us were to lose our jobs we could survive for at least 2 months, possibly 3. I imagine these other 2 couples would be in a horrible position if their pay was delayed by a week.

Its amazing how irresponsible and/or impulsive people are with money. I just cringe at some of these decisions these other couples have made. Getting into a rental agreement for a year when there were the same units in the same building that included more and cost less. That is completely ignoring the fact that they moved into a 1 bedroom place that is a touch more then 600 square feet while they were trying to get pregnant. Of course the lease runs out in 2 months and the baby is due in 2 1/2 months. Have fun with that. He didn't even negoitiate with the guy or look for other ads for the same building. He made the deposit and signed the lease on the spot. I've seen a couple consolidate loans twice within 5 years and they still max out their CC's. Paying for 2 trucks and driving one, while the other sits rotting away in a friends yard. Complain about the cost of rent, getting a room mate and then the minute things get just a touch better kick out the room mate. Go out and rent an even bigger more expensive house to only find themselves in the exact same position the moment things are on a down swing.

Sure they have nicer vehicles and they dress nicer then me, my wife still manages to spend enough on clothes, so I can't say they dress nicer then her. However, I never have to stress about paying bills on time or where im going to get the money to pay for "X". I never have to call up a friend to borrow money, or borrow a CC to pay a bill cause it goes thru faster then cash and services will be cut if they don't. I'll always trade the freedom of not having to stress or worry about things like that for the nicer cars and/or clothes.

09-08-2011, 11:58 AM	#27
Pacem Scoring Winger Join Date: Jun 2009 Exp:	Not surprised. My wife and I have 2 other married couples that are close friends. We easily make less money then either couple and are far more financial secure and always have been. Us 3 couples got married within 5 months of each other, my wife and I were the ony couple to walk away debt free. That was before we opened up all our gifts. My wife and I have a rainy day fund that if both of us were to lose our jobs we could survive for at least 2 months, possibly 3. I imagine these other 2 couples would be in a horrible position if their pay was delayed by a week. Its amazing how irresponsible and/or impulsive people are with money. I just cringe at some of these decisions these other couples have made. Getting into a rental agreement for a year when there were the same units in the same building that included more and cost less. That is completely ignoring the fact that they moved into a 1 bedroom place that is a touch more then 600 square feet while they were trying to get pregnant. Of course the lease runs out in 2 months and the baby is due in 2 1/2 months. Have fun with that. He didn't even negoitiate with the guy or look for other ads for the same building. He made the deposit and signed the lease on the spot. I've seen a couple consolidate loans twice within 5 years and they still max out their CC's. Paying for 2 trucks and driving one, while the other sits rotting away in a friends yard. Complain about the cost of rent, getting a room mate and then the minute things get just a touch better kick out the room mate. Go out and rent an even bigger more expensive house to only find themselves in the exact same position the moment things are on a down swing. Sure they have nicer vehicles and they dress nicer then me, my wife still manages to spend enough on clothes, so I can't say they dress nicer then her. However, I never have to stress about paying bills on time or where im going to get the money to pay for "X". I never have to call up a friend to borrow money, or borrow a CC to pay a bill cause it goes thru faster then cash and services will be cut if they don't. I'll always trade the freedom of not having to stress or worry about things like that for the nicer cars and/or clothes.