Tangram

$70,000 pa, mortgage of $50,000 over 20 years, family of two adults and one 8 year old. Don't spend huge amounts on luxuries but don't sit huddled around a candle at home either .

A resonably comfortable lifestyle in say London Ontario ?

hot wasabi peas

Job offer?

MikeUK

yes I would think so for London ON.

skigordi

Bsed on my own siutaion and numbers I think you can have a good life based on this....as always you need to plan and be careful...but I think it is definitely doable

Tangram

LOL still waiting for phone call but being prepared !!

Hows the teeth ?

SANDRAPAUL

With an average household income of $50,000, and running costs averaging half that without mortgage ..... I think so. And I thought you were in finance.

Sitting in London Hilton, Ont as I type watching the snow blowing.

(Just bought a house) (waiting for PPR)

Tangram

Used to be...IT for the last 15 years

dbd33

I'd think that'd work. After a year or so you might be able to switch the mortgage to bi-weekly payments so as to pay it off in time for the eight year old to go to university and land you with a new wodge of debt.

Tangram

Yeah that would be about right DB

hot wasabi peas

I must of figured the times zones incorrectly; that wouldn't be a first.

My teeth are good, thanks! All patched up, pain free... mostly.

Good luck with the call!

iaink

Should be comfortable. Remember to save using the RRSP and RESP options though to maximise your tax rebate and to be prepared for the future.


Good Luck!

Tangram

Quick update..... 2nd i/v went well, lots of questions about how quick I could be over ( still no mention of money !! ) but 3rd i/v to be arranged over the next couple of weeks with MORE Tech Directors. How many more of the same questions need answering LOL

Thanks for the well wishes from everyone on here in this and other threads.

Have a great day !

Woodstock62

Great news Paul!

Sounds really positive. Friends of ours waited ages for his employers to comfirm the nitty gritty like pay and conditions. They were beginning to think it was all off. Next thing they know it's Welcome aboard! like there had never been any question about it!
Maybe it's a canadian thing!

iaink

Its not unusual to go through several rounds over here. Its a positive sign believe it or not. When it comes to money the first one to mention a hard number usually looses

Just be clear in your mind what you will settle for and stick to it. If they want to hire you, you are in the drivers seat, they dont want to spend a long time going through all this again either...just be realistic though and dont ask for the moon if you know there is probably someone else in the wings as a second choice, but remember they will probably be more flexible before they hire you over things like vacation and moving expenses than they will after they own you!