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Re: Canuck Dave post# 15609

Tuesday, 04/11/2006 4:43:15 PM

Tuesday, April 11, 2006 4:43:15 PM

Post# of 19037
Funny - my older brother >50yrs old - you would never guess he was my brother other than the looks. Goes through money like water. He came over with my parents from England - and life wasn't so "upper middle class" as they ended up. Yet he spends as if there is no tomorrow - with every gadget known "oh yeah I have an ipod" etc. (I already said my biggest TV is a 24" and his, well.. less than 60" would be small I think).

Yet me, totally opposite. Packing money away here and there - for the "just in case". Currently we have SGR, SPR and SPR. (thats strategic gas reserve [20L in garage]; propane [extra tank ready]; perrier [Kirby knows best wink]. Two freezers - enough food to last a major bird flu problem (read: waiting for more MAD cow beef sales and 3 for 1 birds at Dominion!)

Meanwhile I've had an RSP since 20 and RESP since it was started. Always pay CC in full, no loans except mortgage yadda yadda. The very thought of paying fees and interest on my CC -- you might as well strike me here (!!) right now.. yet every conceivable place that takes CC, I pay with it.

"Honey! We cannot afford to buy an armoir now.." (equals) "Honey, do you think I would liquidate the stock account for a pile of wood?"

Can't say what it is. Is my brother spending so much because he never had it when he was growing up? Dunno. He worked at Mr. Donuts while in high school. I never worked a day until AFTER highschool and AFTER my computer school. As long as pop gave me money for chores, that was enough to afford the Apple //e clone - there was nothing else needed. Had no need for a car (he has 3 now - one for the summer only; and I still have 1). (no he isn't much better off financially than me - just a spender).

I actually thought my dad was cheap - of course I am closer to my dad in that respect than either of my two brothers. It costs a lot of money to "drive" a nice car or wear the "latest" fashions. Some just need others to look at them in awe.
Others (outside the family) can call you cheap or whatever. Actually people who call me cheap - quite frankly are the cheapest people I know - next time someone calls you cheap - like a friend - think about that.. I'll bet you'll see ridiculous crap he does that you'd never do and you'd say "now thats cheap!"

I/we can only guide my kids - I/we want them to spend wisely and save and invest. But what I/you wish for and what they do are two different things!

Cheers!
B


"When you have to shoot, shoot. Don't talk."
Tuco (The Good, the Bad and the Ugly)

"An umbrella with holes is better than no umbrella at all."
Dr. Alexander Elder on using stops.

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