tag:blogger.com,1999:blog-31427364.post7485922688006921755..comments2024-03-26T03:52:23.395-07:00Comments on Housing Analysis: BurnRate.ca - Do you spend too much?mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-31427364.post-89572129476093492802008-02-11T11:04:00.000-08:002008-02-11T11:04:00.000-08:00And if you just want to take the easy way out, Yah...And if you just want to take the easy way out, Yahoo Finance tells you how to <A HREF="http://ca.pfinance.yahoo.com/ca_finance_general/539/how-to-find-a-millionaire-or-billionaire" REL="nofollow">marry a millionaire</A>patriotzhttps://www.blogger.com/profile/11154064267408955762noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-87372145547439934142008-02-11T08:37:00.000-08:002008-02-11T08:37:00.000-08:00drachen - I like the additions. A person's approac...drachen - I like the additions. A person's approach to debt is just as important as their consumption patterns in determining how financially successful they are. The two concepts are linked of course.mohicanhttps://www.blogger.com/profile/06094213357140749289noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-55669608030583229572008-02-10T13:02:00.000-08:002008-02-10T13:02:00.000-08:00they missed11) Do you owe more on your mortgage no...they missed<BR/><BR/>11) Do you owe more on your mortgage now than you did when you first purchased?<BR/><BR/>12) Have you ever refinanced your house so you could purchase a big ticket item you could not otherwise afford or so you could make ends meet in the short term?<BR/><BR/>13) Have you ever owed more than 4 multiples of your household income on a mortgage?Mark Fengerhttps://www.blogger.com/profile/01922616270777907779noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-43344099948405991832008-02-08T17:27:00.000-08:002008-02-08T17:27:00.000-08:00Thankfully I do not get any emotional or entertain...Thankfully I do not get any emotional or entertainment value from shopping.<BR/><BR/>In general I dislike shopping, but in spite of this I couldn't believe how much stuff I had when I got ready to move to Vancouver several years ago. I gave away a lot of things then and have tried to be very conscious of what I do buy now.<BR/><BR/>Mark: Good luck with your no buying experiment. If you need any comic relief you can always watch George Carlin's "Stuff" routine:<BR/><BR/>http://tinyurl.com/ypk5aeLaLaLandhttps://www.blogger.com/profile/06957212132082426587noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-43245100912198567802008-02-08T08:58:00.000-08:002008-02-08T08:58:00.000-08:00And here's the article that inspired me if anyone ...And here's the article that inspired me if anyone cares to read it. :-)<BR/><BR/>http://starturl.com/qtjxoMarkhttps://www.blogger.com/profile/13512376859632595168noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-76925013995629435062008-02-08T08:55:00.000-08:002008-02-08T08:55:00.000-08:00Great article. Personally, I've been spending way ...Great article. Personally, I've been spending way too much over the last two years. I read a very challenging commentary in the USA Decay (while working in the States) that recounted the story of a writer who decided to boycott buying stuff for a whole year. He allowed himself only a few essentials such as music and books. I've gone the same route now for a few months, and have been trying to utilize only what I've accumulated thus far. It's a good feeling to go through the books, video games, movies that you already own and know that you are getting full value from them. <BR/><BR/>I also spent the last few months going through my wardrobe and starting to donate what I no longer wear (after 7 years of accumulation). Amazing how much useless clothing I own. Anyway, after that exercise, the last thing I want to do is buy something else! <BR/><BR/>It's amazing that we live in a world of such technological change, and yet we do so little with what we already have. For example, the average iMac has more music production power out-of-the-box than what the Beatles recorded the majority of their albums on. Yet, we are compelled to buy more and more entertainment STUFF to keep us occupied. If only we'd realize what we have in our hands and take full advantage of it. In the end, I think that's the key to being materially happy. :-)Markhttps://www.blogger.com/profile/13512376859632595168noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-6686450306220773822008-02-08T08:50:00.000-08:002008-02-08T08:50:00.000-08:00That's is so pre "real estate always goes up" econ...That's is so pre "real estate always goes up" economics. Why bother saving when you can plough all your money into real estate. It's nearly impossible to save 20 percent of a 300 thousand dollar condo a year so do it the easy way and buy the condo.AndrewJhttps://www.blogger.com/profile/04813082701244060724noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-51203391380698815762008-02-08T08:31:00.000-08:002008-02-08T08:31:00.000-08:00Slick website, and a good way to approach it.Despi...Slick website, and a good way to approach it.<BR/><BR/>Despite being financially conservative, I found myself answering yes a few times and it made me think.Warrenhttps://www.blogger.com/profile/00586650821846362670noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-36819243480811286642008-02-07T20:16:00.000-08:002008-02-07T20:16:00.000-08:00Hat tip to wombatos for the heads up on the story....Hat tip to wombatos for the heads up on the story. I really suggest everyone go check out the www.burnrate.ca website. It is pretty funny.mohicanhttps://www.blogger.com/profile/06094213357140749289noreply@blogger.com