Here Come 30 Year Mortgages

[acesup800]

Interest has always been this way, not sure why "oh my god that's a lot of interest!" Rates were higher in the 80's, a lot higher. Don't like em, stop borrowing. Don't blame the banks, if you can money cheaper than get it there.

 

[fj40]

not entirely sure about this. basics are very expensive now. eggs, fruit, veggies, meat, etc. have all sky rocketed. honestly if you're eating for one or 2 you are almost better off eating out or definitely eating garbage food.

I had rib eye steak this week for 2.
Potatoes, vegetables, garlic toast, close to $15.00
Just have watch for deals
Brisket at Fresh co today for $4.00 lb picked up two.

 

[deaner]

not entirely sure about this. basics are very expensive now. eggs, fruit, veggies, meat, etc. have all sky rocketed. honestly if you're eating for one or 2 you are almost better off eating out or definitely eating garbage food.

I disagree. You can buy alot of different fruits and vegetables between $1-2 a lbs, lots of meat (chicken especially) goes on sale for $2 a lbs. Rice and potatoes are dirt cheap.

Remember that for the majority of human history, we spent most of our time and resources just feeding ourselves. Now we eat like kings for a small portion of our income. And I'd say most people (myself included) eat way more calories than they actually need

 

[snopro]

I had rib eye steak this week for 2.
Potatoes, vegetables, garlic toast, close to $15.00
Just have watch for deals
Brisket at Fresh co today for $4.00 lb picked up two.

Same thing down here. Found 2 baseball sirloins on sale at Co op for $14.99. That’s $7.50 a steak. Had one tonight and it was awesome. Just gotta look for deals

 

[lilduke]

Anybody priced out crickets? I heard they are a great source of protein!

 

[mclean]

I still think on minimum wage or whatever the average Canadian wage is, you are scraping to get by. Whether it's walmart meat and veggies or bargin deals. If you have young kids, one parent is working just to pay day care. Saving money to buy a beater...well that is how this whole thing started. Everything is too expensive to save money right now. We are being set up to fail. Young kids nowadays are being set up to live with their parents for a long time.

I've been blessed with a very good job and was silly with money when I was younger. Nowadays, I'm watching (sort of) my spending. We are debt free minus our houses but in the last 2 years we have noticed that paychecks do not go as far as they use to...I don't care how much you make

 

[mclean]

Same thing down here. Found 2 baseball sirloins on sale at Co op for $14.99. That’s $7.50 a steak. Had one tonight and it was awesome. Just gotta look for deals

We have been buying blade steaks on sale at superstore lately. They have definitely gone up in price the last few years but they have been excellent. I was actually very impressed

 

[fj40]

People can not make it on minimum wage.
That's a gimme.
I don't think there are very many on snow and mud living on minimum wage.

 

[mclean]

Average in Ab is $50g. That's not very much.
4g a month. 2g for a low end mortgage and 500 a month for groceries and you don't have much left

 

[plio7]

Phew you guys are finding food way cheaper than here. Chicken breast is like $15 for 3, you’re not getting a ribeye steak for less than $15 a piece just the steak. We mainly buy our meat by the 1/4 cow and from local when possible buy the stores aren’t cheap

 

[lilduke]

I spend a ton on food. I like food though.

 

[bjd68]

These new mortgage rules are for new home builds only for first time home buyers which makes up 3% of transactions, so it is a nothing burger, all political theatre.

 

[pano-dude]

not entirely sure about this. basics are very expensive now. eggs, fruit, veggies, meat, etc. have all sky rocketed. honestly if you're eating for one or 2 you are almost better off eating out or definitely eating garbage food.

Yes it's expensive for groceries but There is no way you can eat out cheaper than home.
Pound of hamburger $7, bag of buns $6, makes 6 hamburgers, four potatoes cut into fries and you have a meal . It costs $50+ for a+w for my family.
People need to get back to buying direct from farmers, side step the corporate bs grocery stores may not be cheaper but better quality and supporting the guy who does the work, not a suit in an office.

 

[Trashy]

My nephew is single and for the last 10 years, he says....... that it's still more economical for him to eat out 2-3 times a day, instead of buying groceries for himself.
I'm sure it's different, if you're a family of 4 or more

 

[Chump]

It's probably laziness and or piss poor planning. Not to mention eating out is usually junk food. No way it's cheaper

 

[lilduke]

Maybe if you go to mcdonald lol

 

[Trashy]

Groceries are not cheap and when your by yourself, you don't always want to cook. By no means is Josh lazy

 

[Chump]

View attachment 282116


Maybe if you go to mcdonald lol

Damnit, now I want some seafood. And that Ain't cheap!

 

[lilduke]

I know what its like. I spend 3g a month on food. It tough out there lol

 

[drew562]

View attachment 282116


Maybe if you go to mcdonald lol

Damn economy. Used to get the seafood platter for two for me at Zalas most every weekend. This year Dean drop the seafood platter because no one orders it anymore. Can’t afford it lol