Quote:
Originally Posted by Ozy_Flame
So then why not take advantage of moving to Kelowna? You're not moving across continents, you're within arms reach of family in Calgary, and still making what sounds like (from the OP) good pay. For a family of three, it's still pretty realistic.
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If you can make 100k a year, and pay BC taxes, maintain a house, feed/cloth/entertain 3 kids, maintain 2 cars, pay into your RRSPs, pay into RESPs for all 3 kids, spend 24k in "extras"....and still have 12k a year left over...well then you are a much better planner than I. I'm sure it can be done, but it would mean the OP would have to run a pretty tight ship.
While, I can't speak for the OP, but for me Kelowna is way too small and remote. 7 hours is not "within arms reach". That's either a days drive or a flight. My in-laws from NY can get here in less time. Arms reach to me is being able to have family to baby-sit with a couple hours notice.
Btw, that 12k might seem like a lot, but just do the math of how much $ it takes to fly 5 people to somewhere like Europe in August, and you'll see that most of that will just be eaten up by transportation. You
may get one family vacation out of it per year...which might be enough, or may be way less than he's used to.
For the OP, this may all be a reasonable trade-off. But personally, I just think it would be a lot tougher financially to just wave it away with a couple "you gotta work to live!" quotes.