Windfall Timing Curious

[flowerjohn]

Funny that eh Werner?

I am actually "good" with this given
The times
The state of the middle class/peons
The REAL need for people to start thinking about tomorrow, instead of just today.

Then again, consider what I do for a living, am licenced for.

Better the peons pockets than big brothers.

See statistics since the 60s.
See those who sit in the bow and don't realize those in the stern....

Need this
And isn't it funny how some, many in this thread didn't see or think about
The need for people to reduce debt. Or
RSPs or TFSAs, or RESPs or the peons, just like the Ontario Liberals and those who....

We raised three kids in a pretty average working class family. I banked each of their child tax benefits and began RESPs for each of them when that program started. I have one finished college, one in university and one ready to go next year. I have not nor will I have to pay any tuition for any of my three kids. I think it can work out pretty well if you plan it.

[trimmer21]

We raised three kids in a pretty average working class family. I banked each of their child tax benefits and began RESPs for each of them when that program started. I have one finished college, one in university and one ready to go next year. I have not nor will I have to pay any tuition for any of my three kids. I think it can work out pretty well if you plan it.

I agree,absolutely. Our kids did exactly the same thing. Now,that their kids are hitting College and University,they can't believe how much it takes the edge off the bank account shock. It seems,though,that paying one's own way and taking responsibility for oneself is a completely foreign concept to the liberal-minded set.

[JBen]

We raised three kids in a pretty average working class family. I banked each of their child tax benefits and began RESPs for each of them when that program started. I have one finished college, one in university and one ready to go next year. I have not nor will I have to pay any tuition for any of my three kids. I think it can work out pretty well if you plan it.

If this were Facebook I'd hit the
/love this comment

And just imagine you did it all on your own, with no help or OAS from big brother, saving all the other peons...um sorry...taxpayers....having to pay your way.

[flowerjohn]

I will add that the kids had to make compromises too. We live in Toronto and thus they are required to stay at home for post secondary. As I put it to them, there's no need to spend an extra fifteen or twenty thousand per year to live in another city just to get away from the family. We have perfectly good schools within a thirty minute bus ride from home. I don't get this I'm going to western thing or I'm going to queens. If you get into grad school great. But there's no need to pay for your kids to go away to party. I know, pretty backward assed conservative

[bushman]

I have a strong dislike for vote buying - but this comes across as a great idea compared to the provincial liberals vote buying - gas plants, teacher union raises, opp union raises - that are given to small groups that need it least.

Truer words have never been spoken Werner. Well said. Now let's wait for the wailing, crying, jaded spin that's sure to follow from" you know who" , which is all but inevitable!!!

[werner.reiche]

I will add that the kids had to make compromises too. We live in Toronto and thus they are required to stay at home for post secondary. As I put it to them, there's no need to spend an extra fifteen or twenty thousand per year to live in another city just to get away from the family. We have perfectly good schools within a thirty minute bus ride from home. I don't get this I'm going to western thing or I'm going to queens. If you get into grad school great. But there's no need to pay for your kids to go away to party. I know, pretty backward assed conservative

I had trouble figuring the need to "go away" to university too. I live within 40 minutes of Ottawa U and Carleton U. My eldest went to Guelph (Biomed eng) - that was hard to argue with as the biomed eng programs at Carleton and and U of O are pretty poor - only offered to keep up with the other Ontario universities. My younger daughter is going to Queens in September (electrical eng) - she could have done that at U of O.

[terrym]

Because of where I live my kid pretty well had to leave home to go to University. Commuting just wouldnt work many times with the crazy schedules they have. The leaving home thing is not all bad though. It's another part of growing up and learning how to budget and live within your means. She actually came home with money in the bank but she doesn't drink. Her roommates were broke by January because of partying. Travel and commuting isn't cheap either. She would have had to take the GO train and then the TTC. Almost a 2.5hr run each way.

[flowerjohn]

I think it's a decision you make based on where you live and what program your kid needs. In my case living in Toronto it worked out ok. Cheers.