How much do you spend?
Mar 8th 2016 | 11:29 am
#271
Oscar nominated
Joined: Jan 2008
Posts: 55,309
From: Moncton, NB, CANADA
Mar 8th 2016 | 12:50 pm
#272
Account Closed
Joined: Jan 2006
Posts: 0
Re: How much do you spend?
Yeah premiums in BC are a hot topic with pressure to get rid of them. Before the changes coming up in the next few months everyone 30k and over more or less pay them, so someone making 30k pays the same as someone making 300k.
Other issue is the higher income earners likely have their employers footing the cost where lower income earners likely dont.
Those between 22k and 29999 get some subsidy to reduce premiums.
They raised the income to 42k in the new budget for premium subsidy.
I think kids will be free now or something like that.
Changes were made.
Disability changes though are not ideal though, more on disability lose then win despite what the politicians say.
Oh well. Govt rarely makes sense in what they do.
They still seem to think 375 can rent housing....lol
Other issue is the higher income earners likely have their employers footing the cost where lower income earners likely dont.
Those between 22k and 29999 get some subsidy to reduce premiums.
They raised the income to 42k in the new budget for premium subsidy.
I think kids will be free now or something like that.
Changes were made.
Disability changes though are not ideal though, more on disability lose then win despite what the politicians say.
Oh well. Govt rarely makes sense in what they do.
They still seem to think 375 can rent housing....lol
Ah, right.
This is where I don't like systems that go by category rather than real circumstances.
My mother in law gets her prescriptions for co-pay of $9.05 under the Province/Blue Cross Seniors Drug scheme. In fact Shoppers Drug Mart makes a seniors contribution of $4 to that so she only pays $5.05. But officially it's $9.05 and no other payment.
Her income is actually more than mine by about $3k or $4k depending on my expenses in respect of renting out.
If my income went up to her level, my co-pays would be $10 under the Province/Blue Cross scheme but the premiums would be $33 a month. 
And I'm the one with the housing expenses.
It's a skewed system.
This is where I don't like systems that go by category rather than real circumstances.
My mother in law gets her prescriptions for co-pay of $9.05 under the Province/Blue Cross Seniors Drug scheme. In fact Shoppers Drug Mart makes a seniors contribution of $4 to that so she only pays $5.05. But officially it's $9.05 and no other payment.
Her income is actually more than mine by about $3k or $4k depending on my expenses in respect of renting out.
If my income went up to her level, my co-pays would be $10 under the Province/Blue Cross scheme but the premiums would be $33 a month. And I'm the one with the housing expenses.
It's a skewed system.
Mar 8th 2016 | 4:33 pm
#274
Account Closed
Joined: Jan 2006
Posts: 0
Re: How much do you spend?
Add $40 in bridge tolls for February. Its not a daily thing but we do cross a few times a month and in Feb wife was going to Squamish weekly so 2 tolls per week.
They bill you you dont pay when crossing.
Tolls really add up.
They bill you you dont pay when crossing.
Tolls really add up.
Mar 9th 2016 | 4:35 am
#275
Oscar nominated
Joined: Jan 2008
Posts: 55,309
From: Moncton, NB, CANADA
Re: How much do you spend?
Property tax 200
Water 63
House (building) Insurance 92
Snow clearing average 12
Total Housing costs 367
People run away with the idea that mortgage/rent free means free housing. But that $367 involves costs you don't get when renting.
It's not expensive, but not as cheap as one might think.
Electricity, incl heating and aircon 282
Landline.fibreop tv/internet 138
Monthly drug premium 16
Monthly co-pay 15
Water 63
House (building) Insurance 92
Snow clearing average 12
Total Housing costs 367
People run away with the idea that mortgage/rent free means free housing. But that $367 involves costs you don't get when renting.
It's not expensive, but not as cheap as one might think.
Electricity, incl heating and aircon 282
Landline.fibreop tv/internet 138
Monthly drug premium 16
Monthly co-pay 15
Mar 9th 2016 | 10:34 am
#276
Account Closed
Joined: Jan 2006
Posts: 0
Re: How much do you spend?
Nothing housing wise is free, but those amounts sure beat paying 900 a month in rent every month....
Oh well, why dwell on something you (generic you) can never have? A house to us is a dream like a Rolls Royce might be a dream for someone else, not likely to ever happen, but one can still dream.
Oh well, why dwell on something you (generic you) can never have? A house to us is a dream like a Rolls Royce might be a dream for someone else, not likely to ever happen, but one can still dream.
Property tax 200
Water 63
House (building) Insurance 92
Snow clearing average 12
Total Housing costs 367
People run away with the idea that mortgage/rent free means free housing. But that $367 involves costs you don't get when renting.
It's not expensive, but not as cheap as one might think.
Electricity, incl heating and aircon 282
Landline.fibreop tv/internet 138
Monthly drug premium 16
Monthly co-pay 15
Water 63
House (building) Insurance 92
Snow clearing average 12
Total Housing costs 367
People run away with the idea that mortgage/rent free means free housing. But that $367 involves costs you don't get when renting.
It's not expensive, but not as cheap as one might think.
Electricity, incl heating and aircon 282
Landline.fibreop tv/internet 138
Monthly drug premium 16
Monthly co-pay 15
Mar 9th 2016 | 2:16 pm
#277
Banned
Joined: Apr 2009
Posts: 19,878
From: SW Ontario
Re: How much do you spend?
Nothing housing wise is free, but those amounts sure beat paying 900 a month in rent every month....
Oh well, why dwell on something you (generic you) can never have? A house to us is a dream like a Rolls Royce might be a dream for someone else, not likely to ever happen, but one can still dream.
Oh well, why dwell on something you (generic you) can never have? A house to us is a dream like a Rolls Royce might be a dream for someone else, not likely to ever happen, but one can still dream.
My son and I didn't think we would qualify for a mortgage due to low income but our broker found us one - because of my sons age (28 at the time) we were offered a 30 year one at just over 2% interest rate (it's up for renewal this year).
Our mortgage payment is $489 a month, total.
It may well be more than a dream, if you talk to the right person.
Mar 9th 2016 | 2:58 pm
#278
Oscar nominated
Joined: Jan 2008
Posts: 55,309
From: Moncton, NB, CANADA
Re: How much do you spend?
Sure, but remember that the comparison wouldn't be my $367 with rent in your expensive neck of the woods but a lower rent here.The $367 would likely be a fair bit more at your end with higher property taxes and buildings insurance so the difference not so great.
Mar 9th 2016 | 6:11 pm
#279
Account Closed
Joined: Jan 2006
Posts: 0
Re: How much do you spend?
Its more of the average housing being 300k plus in any area we could find jobs that is the hurdle...lol
Who knows though. I need to figure out the education thing first, seems being on EI is a pre requisite for nearly every program.
Who knows though. I need to figure out the education thing first, seems being on EI is a pre requisite for nearly every program.
When you have a job again (which I'm sure will be soon) go and talk to a mortgage broker.
My son and I didn't think we would qualify for a mortgage due to low income but our broker found us one - because of my sons age (28 at the time) we were offered a 30 year one at just over 2% interest rate (it's up for renewal this year).
Our mortgage payment is $489 a month, total.
It may well be more than a dream, if you talk to the right person.
My son and I didn't think we would qualify for a mortgage due to low income but our broker found us one - because of my sons age (28 at the time) we were offered a 30 year one at just over 2% interest rate (it's up for renewal this year).
Our mortgage payment is $489 a month, total.
It may well be more than a dream, if you talk to the right person.
Dec 10th 2016 | 12:05 am
#280
Dichotomus tinker
Joined: Aug 2013
Posts: 6,700
From: Ontario, Canada
Re: How much do you spend?
Update from my last one in mid-2015
In 2015 our average expenses across 12 months was just under $1600/mth
In 2016 it comes in at $1824/mth.
Not as bad as I thought, the vehicle repairs was unexpected
The breakdown, rounded, tax included as applicable, average per month
$0 - mortgage/rent
$420 - property tax
$128 - Car & home Insurance
$219 - petrol
$83 - vehicle expenses (repairs, license sticker)
$231 - grocery
$342 - utilities (electric, gas,water/sewer)
$57 - furnace protection plan + water heater rental
$0 - cable TV
$21 - cell phone (1)
$54 - home phone/internet
$81 - medical/dental (pissed at the extra costs, tests, blood work & prescriptions not covered in Onatrio)
cost of living expenses total $1636/mth
$188 misc cost/mth : includes - (UK trip (1), cross border shopping (2x), personal stuff, movies, eating out, gifts)
Grand Total $1824.00 /mth
.
In 2015 our average expenses across 12 months was just under $1600/mth
In 2016 it comes in at $1824/mth.
Not as bad as I thought, the vehicle repairs was unexpected
The breakdown, rounded, tax included as applicable, average per month
$0 - mortgage/rent
$420 - property tax
$128 - Car & home Insurance
$219 - petrol
$83 - vehicle expenses (repairs, license sticker)
$231 - grocery
$342 - utilities (electric, gas,water/sewer)
$57 - furnace protection plan + water heater rental
$0 - cable TV
$21 - cell phone (1)
$54 - home phone/internet
$81 - medical/dental (pissed at the extra costs, tests, blood work & prescriptions not covered in Onatrio)
cost of living expenses total $1636/mth
$188 misc cost/mth : includes - (UK trip (1), cross border shopping (2x), personal stuff, movies, eating out, gifts)
Grand Total $1824.00 /mth
.
Last edited by not2old; Dec 10th 2016 at 1:00 am. Reason: edited
Dec 10th 2016 | 12:55 am
#281
Oscar nominated
Joined: Jan 2008
Posts: 55,309
From: Moncton, NB, CANADA
Dec 10th 2016 | 12:59 am
#282
Dichotomus tinker
Joined: Aug 2013
Posts: 6,700
From: Ontario, Canada
Re: How much do you spend?
thanks for pointing that out, post is now corrected
the $188 is average per mth cost across 12 mths for ALL misc costs
Anyone else care to update their numbers?
.
the $188 is average per mth cost across 12 mths for ALL misc costs
Anyone else care to update their numbers?
.
Last edited by not2old; Dec 10th 2016 at 1:02 am.
Dec 10th 2016 | 1:11 am
#283
Oscar nominated
Joined: Jan 2008
Posts: 55,309
From: Moncton, NB, CANADA
Dec 10th 2016 | 2:08 am
#284
Realist
Joined: Nov 2012
Posts: 24,667
From: UK
Re: How much do you spend?
A TiryTory thread. Now there's a name I've not heard in a looong while. I wonder how our Welsh Ontarian representative is doing?
