Sens Lounge: "Pleeease won't you be.....my neighbour"

[jbeck5]

If you buy your weed online and not through the Government stores, you can get it really cheap and still get quality, just much much cheaper. It's not even a $100 per month expense for me and I'm a pretty heavy user. Granted, I only vaporize, so smokers would use more, but if anyone is reading this, using places like Herbapproach gets you way way more value.

How many grams of vape do you smoke a month?

I usually go through an ounce of flower for about $80 and then add 2 1g cartridges at about $20 each.

 

[BonHoonLayneCornell]

How many grams of vape do you smoke a month?

I usually go through an ounce of flower for about $80 and then add 2 1g cartridges at about $20 each.

I would say I'm not far off you for consumption but a bit less flower and usually grab the cartridges when they're more like $13 each and stock up. Some edibles like gummies, tinctures and Phoenix Tears. Concentrates to top off too. With points, sales, coupons, shopping around, and bulk buying, I'd say my ounces are more like $60-70. I usually keep 4 or 5 on hand and mass grind them for my ball vape, dynavaps, or volcano.

When I smoked, I'd say I consumed at least double that.

 

[Stylizer1]

You can also get a much nicer used car...something you can use for 10 years.

You can enjoy life a lot more as a car enthusiast with a more fun car.

Think about it, you could be using this car multiple times a day, causing you to enjoy extreme excitement each day.

That seems like a way more fun than back packing for a month.

If you have a car that serves the purpose you need it too wouldn't spending an extra $5000 on it be wasting your money?

What can a $15,000 car do that a $10,000 car can't?

If 90 percent of the time you are using the car to go to work, do groceries, go places for leisure does the added value have that much of a return? Are you bringing it to the race track every weekend for that last 10%?

Anyways my argument is that experiences outside your comfort zone are the things that will always make you grow as a person. Smoking weed, drinking beer, and driving cool cars are very limiting experience because they become normalized the more you do them.

 

[jbeck5]

If you have a car that serves the purpose you need it too wouldn't spending an extra $5000 on it be wasting your money?

What can a $15,000 car do that a $10,000 car can't?

If 90 percent of the time you are using the car to go to work, do groceries, go places for leisure does the added value have that much of a return? Are you bringing it to the race track every weekend for that last 10%?

Anyways my argument is that experiences outside your comfort zone are the things that will always make you grow as a person. Smoking weed, drinking beer, and driving cool cars are very limiting experience because they become normalized the more you do them.

Car enthusiasts don't see cars as something that serves its purpose and goes from point A to point B.

10,000 vs 15,000 is a lot. That's 50% more. For that, it can be the difference between getting an old V6 Mustang and getting an old 5.0 mustang. Many smiles difference.

Or it can be the difference between finding an old golf GTI and an old golf R.

Or it can be the difference between finding an old focus ST or an old focus RS.

Obviously the prices all kind of vary, but opening up 50% to your budget gets a different animal of a car.

Even if you're not affording some amazing car, there's quite the difference between a base civic and a civic SI or something. That 50% increase is huge.

Or, as a home owner, if I find myself having all this extra money that I can afford yearly trips, I would rather just opt for a bigger house...

I would upgrade from a 2 car garage to a 3 car garage, and get something with bigger bedrooms and maybe a 5th bedroom or a couple home offices, and spread the cost over 30 years rather than go on 30 1 week trips over that time. Or buy some new toy for the cottage. Maybe a seadoo boat for going from beach to beach in the summer?

I'm all about value for my money. I'd put in a new patio. Get an inground pool. Get a hot tub. All these things before going to Mexico for a wrek or something like many people do.

 

[Stylizer1]

Car enthusiasts don't see cars as something that serves its purpose and goes from point A to point B.

10,000 vs 15,000 is a lot. That's 50% more. For that, it can be the difference between getting an old V6 Mustang and getting an old 5.0 mustang. Many smiles difference.

Or it can be the difference between finding an old golf GTI and an old golf R.

Or it can be the difference between finding an old focus ST or an old focus RS.

Obviously the prices all kind of vary, but opening up 50% to your budget gets a different animal of a car.

Even if you're not affording some amazing car, there's quite the difference between a base civic and a civic SI or something. That 50% increase is huge.

Or, as a home owner, if I find myself having all this extra money that I can afford yearly trips, I would rather just opt for a bigger house...

I would upgrade from a 2 car garage to a 3 car garage, and get something with bigger bedrooms and maybe a 5th bedroom or a couple home offices, and spread the cost over 30 years rather than go on 30 1 week trips over that time. Or buy some new toy for the cottage. Maybe a seadoo boat for going from beach to beach in the summer?

I'm all about value for my money. I'd put in a new patio. Get an inground pool. Get a hot tub. All these things before going to Mexico for a wrek or something like many people do.

I guess all of those things would be within your means then but I'm not sure what you think all this extra money is, 5th bedroom? I would rather pay off my mortgage in a house that satisfies my needs over spending on a house that satisfies my wants all the while traveling the world. Spreading costs over 30 is not freedom it's servitude.

This went from saving money from weed and beer to buying a million dollar house real fast. lol

Everything you said is the trap most people find themselves in.

 

[jbeck5]

I guess all of those things would be within your means then but I'm not sure what you think all this extra money is, 5th bedroom? I would rather pay off my mortgage in a house that satisfies my needs over spending on a house that satisfies my wants all the while traveling the world. Spreading costs over 30 is not freedom it's servitude.

This went from saving money from weed and beer to buying a million dollar house real fast. lol

Everything you said is the trap most people find themselves in.

Well, if I already have a house that's close to a million, it just means trading up by 100-200k.

Having a better house > going on a trip down south every year.

I like hosting dinner parties and barbecues. Having a better place is more important to me hands down.

 

[Stylizer1]

Well, if I already have a house that's close to a million, it just means trading up by 100-200k.

Having a better house > going on a trip down south every year.

I like hosting dinner parties and barbecues. Having a better place is more important to me hands down.

I like doing those things too but I don't require a million dollar house. Try doing both, you might enjoy it.

 

[jbeck5]

I like doing those things too but I don't require a million dollar house. Try doing both, you might enjoy it.

I have travelled! I've been to a handful of countries...all before I was 20. I've experienced both, and I would much rather my money go to things I can use every day for 10,20,30,40,50 years. People have different preferences.

 

[Relapsing]

I have travelled! I've been to a handful of countries...all before I was 20. I've experienced both, and I would much rather my money go to things I can use every day for 10,20,30,40,50 years. People have different preferences.

Thats it at the end of the day - people have different priorities.

I'm easily 3-4k a year to visit family overseas. It's a lot, but it's so worth it to make sure my Nephew knows his Uncle while he grows up.

I definitely advocate living within your means. And I'd rather be house poor and cash rich than the other way around. But I also respect people who prioritize their living situation.

Different strokes and all that.

 

[Stylizer1]

I have travelled! I've been to a handful of countries...all before I was 20. I've experienced both, and I would much rather my money go to things I can use every day for 10,20,30,40,50 years. People have different preferences.

Disney world doesn't count

 

[jbeck5]

Disney world doesn't count

1998 was a good year. Teachers strike, ice storm 98, and Disney world. Lots of time off school.

 

[maclean]

1998 was a good year. Teachers strike, ice storm 98, and Disney world. Lots of time off school.

And here I was out protesting

 

[Nac Mac Feegle]

Absolutely a big big reason we are in the dumps. Too much red tape and the taxes are insane. Look at Stelantis who just announced to move their entire operation to the USA. This is a massive collapse and its only going to get worse. We need to make it attractive for companies and industries to stay here. This will bring much more capital to Canada which would allow tax cuts for the common folk like us. It can be done, just not with the same same of the last 9 years plus.

Common folks won't see any tax cuts. Lets be honest about that. And business gets a ton of incentives...and then all they do is demand more concessions and threaten to leave if they don't get them. It becomes a race to the bottom with countries competing over throwing money to businesses.

You need to balance being business friendly while also protecting your resources and environment (and workers rights). Not to mention...manufacturing jobs aren't what they used to be. While more jobs the better, they aren't exactly the types of income that allow for middle class living these days.

This is an easy one...no carbon tax for consumers aaaaand industry . Everything becomes cheaper all of a sudden.

No carbon tax for industry ends up blocking us out of any EU trade. Those carbon taxes are there to satisfy international requirements. Drop that, and our only trading partner becomes the USA.....and that would definitely destroy the country.

 

[Stylizer1]

Common folks won't see any tax cuts. Lets be honest about that. And business gets a ton of incentives...and then all they do is demand more concessions and threaten to leave if they don't get them. It becomes a race to the bottom with countries competing over throwing money to businesses.

You need to balance being business friendly while also protecting your resources and environment (and workers rights). Not to mention...manufacturing jobs aren't what they used to be. While more jobs the better, they aren't exactly the types of income that allow for middle class living these days.



No carbon tax for industry ends up blocking us out of any EU trade. Those carbon taxes are there to satisfy international requirements. Drop that, and our only trading partner becomes the USA.....and that would definitely destroy the country.

The world is bigger than the E.U. Once we get our house in order then and only then would I worry about international requirements. We are already leading the world in the most sustainable way to produce electricity in the world creating hydroelectric energy. Along with Nuclear that's 3/4 of our energy. Extracting natural resources only gets better and we need to be at the head of the table reaping the benefits first.

 

[Bjornar Moxnes]

The world is bigger than the E.U. Once we get our house in order then and only then would I worry about international requirements. We are already leading the world in the most sustainable way to produce electricity in the world creating hydroelectric energy. Along with Nuclear that's 3/4 of our energy. Extracting natural resources only gets better and we need to be at the head of the table reaping the benefits first.

I wish people weren't so anti-nuclear ngl.

 

[maclean]

The world is bigger than the E.U. Once we get our house in order then and only then would I worry about international requirements. We are already leading the world in the most sustainable way to produce electricity in the world creating hydroelectric energy. Along with Nuclear that's 3/4 of our energy. Extracting natural resources only gets better and we need to be at the head of the table reaping the benefits first.

Diversifying trade away from being too reliant on the US is particularly important right now, and the EU is the only other relatively close "developed" market, plus Canada may have a golden opportunity to step in right now if they are also looking to/being forced into moving away from the US. Canada's hydro know-how could also be a very good thing to export to somewhere like the EU that is looking for less ecologically damaging alternatives

 

[Tnuoc Alucard]

Reading the last few pages, brings to mind a phrase from 25 years ago, and it applied to a number of former coworkers, who were “living a champagne lifestyle , on a beer salary “ which eventually lead to them doing massive amounts of overtime to keep up the “champagne lifestyle …. And now today, the few of us who lived within our means, on a “beer salary “ are much better on than those who did not.

Instead of buying a cottage, travelling around the world, going south every winter, focusing on paying down the mortgage asap turned out to be the wiser choice…. for those of us who looked at the long game rather than the instant gratification that others did, all while complaining they couldn’t own a home.

 

[jbeck5]

I wish people weren't so anti-nuclear ngl.

Nuclear is very clean energy. Not sure why people would be against it.

 

[Nac Mac Feegle]

The world is bigger than the E.U. Once we get our house in order then and only then would I worry about international requirements. We are already leading the world in the most sustainable way to produce electricity in the world creating hydroelectric energy. Along with Nuclear that's 3/4 of our energy. Extracting natural resources only gets better and we need to be at the head of the table reaping the benefits first.

But the EU is a great partner. They're relatively stable, have a lot of wealth, and share the same values (more or less) and reasonably similar culture. And like Maclean said, this is the time to build bridges with them, as they're also looking for non-US alternatives.

 

[jbeck5]

Reading the last few pages, brings to mind a phrase from 25 years ago, and it applied to a number of former coworkers, who were “living a champagne lifestyle , on a beer salary “ which eventually lead to them doing massive amounts of overtime to keep up the “champagne lifestyle …. And now today, the few of us who lived within our means, on a “beer salary “ are much better on than those who did not.

Instead of buying a cottage, travelling around the world, going south every winter, focusing on paying down the mortgage asap turned out to be the wiser choice…. for those of us who looked at the long game rather than the instant gratification that others did, all while complaining they couldn’t own a home.

100%

There are a couple golden rules...

1) invest your savings or else you're losing money with inflation
2) pay off things with interest first.(Mortgage, car notes, loans)

*unless your investments are returning a higher percentage than the interest on your expenses, then keep investing and don't pay them off yet.

 

[BigRig4]

What’s a good place/way to invest money collecting dust in my chequing account? I contribute to an FHSA every year but the return is pretty mid so far. Was thinking of sticking it somewhere with better return until the contribution deadline in Dec.

 

[Stylizer1]

Diversifying trade away from being too reliant on the US is particularly important right now, and the EU is the only other relatively close "developed" market, plus Canada may have a golden opportunity to step in right now if they are also looking to/being forced into moving away from the US. Canada's hydro know-how could also be a very good thing to export to somewhere like the EU that is looking for less ecologically damaging alternatives

Canada already had that opportunity When the EU and Japan need their fix and "someone" poopooed it.

The issue with Hydroelectricity and Europe is that they don't have nearly enough rivers to make it an option. Europe has at least 540 rivers, Canada, 8500. Europe is soooo reliant on Russia because Like Canada have all of the natural resources.

If hydroelectricity would have been an option Europe would have been the first to do it.

Russia holds the highest value of natural resources globally, estimated at $75 trillion, followed by the United States, with $45 trillion, and Saudi Arabia and Canada, driven by oil and timber wealth.

 

[Stylizer1]

But the EU is a great partner. They're relatively stable, have a lot of wealth, and share the same values (more or less) and reasonably similar culture. And like Maclean said, this is the time to build bridges with them, as they're also looking for non-US alternatives.

I'm sorry but the Paris Accord/Agenda 2030 should take a back seat to us getting our country fixed. The only way we do that is by leading the world in as many sectors we can when it comes to natural resources. Handcuffing our ability to be as self sufficient as possible will never result in a prosperous society.

 

[Micklebot]

What’s a good place/way to invest money collecting dust in my chequing account? I contribute to an FHSA every year but the return is pretty mid so far. Was thinking of sticking it somewhere with better return until the contribution deadline in Dec.

Probably not tesler....

 

[bicboi64]

What’s a good place/way to invest money collecting dust in my chequing account? I contribute to an FHSA every year but the return is pretty mid so far. Was thinking of sticking it somewhere with better return until the contribution deadline in Dec.

I was looking to get into investing on wealth simple for the first time starting in November, but my bank advisor told me to wait because of the US elections. Its so overwhelming to read up on what to invest in that i haven't done anything aside from putting away a few grand in a GIC