Topic: Upside Down Major

[Gurgie]

We're actually looking for daycare for my daughter starting in January.  We only need part time care, as my Mom has agreed (and wants) to take her two days of the week.  Seeing as she'll be part-time, it's really hard to find a centre that will do that, so I think we've nailed down a home-based daycare provider who should only cost us $390 a month for the 3 days a week she looks after my kid.  She's including two snacks per day and a home cooked lunch too, so we think that's actually pretty good value.  The best part is her house is only a ten minute walk away from us.

$390/month for 3 days/week seems pretty reasonable.  That's $30/day.  If we required 5 days a week of care, that would be $650/month.  I'm not sure where the rest of you are getting $1500 for one kid from.   That seems outrageous.

That's very reasonable!!!  We were paying $40/day/child 9yrs ago in Ottawa... and again that was a home-based daycare. So 2 of them was $400/week.

[JG20]

Many daycare places in the GTA cost $1500 to 2000 a month per child, especially downtown.  We were lucky as we had my parents and in-laws to help out so only needed daycare 2-3 days a week.

[TheHire]

I love you all but this thread has become exceptionally boring.. 

[Gurgie]

I love you all but this thread has become exceptionally boring.. 

True... do you have any updated pics of the 560?  Never get tired of those, that's one great looking sedan... and every time I see it, I start browsing for 560SEC's... like this one that I found for Triple Bob    http://www.autotrader.ca/a/Mercedes-Benz/500+Series/Toronto%2c+On/Ontario/5_29336237_20120228162049868/?showcpo=ShowCPO&orup=6_15_8

[Ex-airbalancer]

I love you all but this thread has become exceptionally boring.. 

So true
Try to back on track here
I need need tires for the truck which is in the $1300 range , probably needs new front brakes , oil change , and only one light on the dash 
My truck is paid off,
So should I see tooscope about the Ram deal ? 

[Gurgie]

I love you all but this thread has become exceptionally boring.. 

So true
Try to back on track here
I need need tires for the truck which is in the $1300 range , probably needs new front brakes , oil change , and only one light on the dash 
My truck is paid off,
So should I see tooscope about the Ram deal ? 

Yes!

[sailor723]

I love you all but this thread has become exceptionally boring.. 

So true
Try to back on track here
I need need tires for the truck which is in the $1300 range , probably needs new front brakes , oil change , and only one light on the dash 
My truck is paid off,
So should I see tooscope about the Ram deal ? 

You know there's only one possible answer here when you ask if you should buy a new vehicle! 

[tooscoops]

it's like the old days... ashtray was full so i traded it in... my dad tells me that was the saying back in the 70's...

come on over AB!! I still have that white one... right up your alley...

[Ex-airbalancer]

it's like the old days... ashtray was full so i traded it in... my dad tells me that was the saying back in the 70's...

come on over AB!! I still have that white one... right up your alley...

Post a link

[johngenx]

I bet 99.99% of the upside down buyers are trading nearly new vehicles.  It's unreal to me how people can't seem to keep a car more than a year or two.  If you're one of those people that continually wants something new/different, then it seems to me that leasing was made for you.  This business of buying something over 84 months but selling it after 24 is so stupid.

I have always thought of myself as "emotional and impulsive" when buying cars.  I said this to the missus and she responded with...

"It took you two years to buy the 911."

Touche...

[Gurgie]

it's like the old days... ashtray was full so i traded it in... my dad tells me that was the saying back in the 70's...

come on over AB!! I still have that white one... right up your alley...

Post a link

I'm guessing this might be it  http://www.grimsbychrysler.ca/new/Ram/2017-Ram-1500-9486d2a10a0e0a1701d2b54a39e2d827.htm

[Ex-airbalancer]

it's like the old days... ashtray was full so i traded it in... my dad tells me that was the saying back in the 70's...

come on over AB!! I still have that white one... right up your alley...

Post a link

I'm guessing this might be it  http://www.grimsbychrysler.ca/new/Ram/2017-Ram-1500-9486d2a10a0e0a1701d2b54a39e2d827.htm

Quad cab ,  Forget about it !

[Gurgie]

it's like the old days... ashtray was full so i traded it in... my dad tells me that was the saying back in the 70's...

come on over AB!! I still have that white one... right up your alley...

Post a link

I'm guessing this might be it  http://www.grimsbychrysler.ca/new/Ram/2017-Ram-1500-9486d2a10a0e0a1701d2b54a39e2d827.htm

Quad cab ,  Forget about it !

Isn't your crew cab the equivalent? Quad cab is the smaller backseat in the Ram & Crew Cab is the bigger one.

Quad - http://www.grimsbychrysler.ca/new/Ram/2016-Ram-1500-0d222c0b0a0e0a1775cf63000b40adb9.htm

Crew - http://www.grimsbychrysler.ca/new/Ram/2016-Ram-1500-c5095b460a0e0ae75cec617fbefef504.htm

[Ex-airbalancer]

I have an extended cab already

[Brig]

I love you all but this thread has become exceptionally boring.. 

 

[Solstice2006]

Kids are VERY EXPENSIVE.  If you're about to have kids, don't do the math.  Stop reading this now.  Now, of course, the calculations are unique to each person/family, but you get the idea...

We played "stay at home" and the opportunity cost of having a parent at home was high.  For some of the time, we had BOTH at home.  Ugh.  My quick calculation on that shows the costs at probably $600,000 conservatively.  Daycare would have been cheaper, but we chose to spend the extra money because we're a family fortunate enough to be able to.  Many have no choice.

Feeding, clothing and on and on.  Ouch. No idea.  A lot.

Arts and sports and other activities/education?  We're big spenders here, at least $5K a year, some years more.  This year it's going to be over $10K easily.  There's lots of ways to minimize these costs, but it's a big deal to us, so this budget line is high on the priority list.

Education will be $$ if your kid is thinking law or medicine or something like that.  Even regular post secondary ain't cheap.  My own progeny has mapped out a career path that so far looks to have course/exam bills of around $60-70K - cheaper than med school I think, but still a lot.  Luckily it's spaced out over 7-10 years so that helps ease the pain.

Worth it?  That's an individual decision.  To us, still worth at 10x the actual cost.

Back on the topic.  A friend of mine's husband is in the oil patch.  He's lucky in that his job is in refining and he's still well employed.  But, many of his friends are on hard times right now.  One poor guy he knows is trying to unload his massively modded F350 and having no luck.  The kicker?  It's worth maybe $40K and somehow, in some incredible way, he owes nearly $110,000 on it.

An upside down lifetime achievement award?

Your right, it varies family to family.  So costs varies.  For us it's not very expensive.  Because before kids, I didn't make much.  Approx $15/hr.  So with 2 kids, and me doing me side jobs, I don't lose much money.  Hobbies?  I am not paying for hockey, or skiing.  They do swimming and girl guides.   When older, then can work for it, or grandparents can chip in.  They can do band at school, don't need private lessons.  Those are all extras, not need to have.  If you stick to need to have.  Probably cheaper than some people year liquor budget, or Tims budget.

[tooscoops]

yeah ab... that's the truck.

who knew you would want more for the same (or less)?... that is news to me! you are my first customer to want that! heh...


this whole credit culture we are in is all about planning for tomorrow being better than today. it's like our own financial decisions are a form of pyramid scheme... as long as things don't suddenly get called, everything runs smooth (but lean)... once there is a hiccup, boom... everything falls apart.

this week has been odd... 5 trades... all owned outright. not all that new of vehicles, but still strange.

[Solstice2006]

yeah ab... that's the truck.

who knew you would want more for the same (or less)?... that is news to me! you are my first customer to want that! heh...


this whole credit culture we are in is all about planning for tomorrow being better than today. it's like our own financial decisions are a form of pyramid scheme... as long as things don't suddenly get called, everything runs smooth (but lean)... once there is a hiccup, boom... everything falls apart.

this week has been odd... 5 trades... all owned outright. not all that new of vehicles, but still strange.

Probably not even Chrysler vehicles! :-)

[Ex-airbalancer]

yeah ab... that's the truck.

who knew you would want more for the same (or less)?... that is news to me! you are my first customer to want that! heh...

I would want a Long Horn crew cab with an Ecodiesel for the same Price 

[TheHire]

I love you all but this thread has become exceptionally boring.. 

True... do you have any updated pics of the 560?  Never get tired of those, that's one great looking sedan... and every time I see it, I start browsing for 560SEC's... like this one that I found for Triple Bob    http://www.autotrader.ca/a/Mercedes-Benz/500+Series/Toronto%2c+On/Ontario/5_29336237_20120228162049868/?showcpo=ShowCPO&orup=6_15_8

I do! Actually, I just put the OEM Avantgarde AMG grill on her, and ordered the European one-piece glass headlights. Getting ready for winter storage now, and when she comes out she'll have all the body work done, and will be detailed so the finish is like glass. She'll also have a period-correct 6-character license plate.. Falling more and more in love with her with each drive!

This pic is pre-grille.