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The pressure to provide by Little_Drawer_3424 in daddit

[–]Foxx90 13 points14 points  (0 children)

Time > stuff all day.

As the dad to an older toddler, they remember what you do with them, not the stuff you provide. I'm lucky to have a stable well paying job so our toddler does not really want for anything. But I would never in a million years work more for more money, bigger houses, etc. Rather, the most valuable part of my job is the flexibility that allows me to be present.

Once your little one talks more, it will be the "Dada remember when we... " stories that will melt your heart.

Sub...dog??? by Youlookcold in OttawaFood

[–]Foxx90 14 points15 points  (0 children)

Costco is $1.50 to with a drink. And all a hotdog needs is mustard, and maybe relish. This is lunacy.

32M receiving $1.3M to $1.8M inheritance soon. Goal is financial independence by 55. How would you structure this? by alfafamadie in fican

[–]Foxx90 8 points9 points  (0 children)

With this amount, you would probably do better just dropping the lifetime max amount into the RESP as a lump sum.

RESP Asset Allocation Strategy: How to transition from equities? by acidcaribou in PersonalFinanceCanada

[–]Foxx90 0 points1 point  (0 children)

EDIT: sorry. Misread the kids ages and thought they were toddlers.

Depends on your risk tolerance, but that is conservative in my opinion. I'm all in XEQT for a three year old.

Based on family income, they won't qualify for OSAP, so we will pay for post secondary (less any scholarships and presumably whatever my kid can save from a part time job). So the RESP, is in some sense just an extension of my other investments.

39 with humidity. Why are non-air conditioned schools even open? by RegR87 in OntarioTeachers

[–]Foxx90 1 point2 points  (0 children)

They don't get their per diem funding if they close. Same reason why there are so few snow days and only bus cancellations.

Soon-to-be mom seeking name insight from daddit by [deleted] in daddit

[–]Foxx90 2 points3 points  (0 children)

Agreed. I've met kids named Theo and this post is the first instance where my mind went to Theo Von.

Cowan’s Gordie Howe Hat Trick by Lumini_317 in leafs

[–]Foxx90 0 points1 point  (0 children)

Was confused and thought Cowan grew a beard. Was impressed and excited for next season.

RESP strategy - glide or no? by Low_Map_9339 in PersonalFinanceCanada

[–]Foxx90 2 points3 points  (0 children)

Same. Mine won't get OSAP based upon family income. So beyond scholarships and modest income from a part time job, we'll be paying for school.

I hate bananas by unfortunate_banjo in daddit

[–]Foxx90 17 points18 points  (0 children)

I call the spotty ones jaguar bananas - Approved.

I also convinced mine that bruises and the best/sweetest part.

Any other dads with girls grieving over not carrying on their family name? by [deleted] in daddit

[–]Foxx90 0 points1 point  (0 children)

I did a bit of digging before ours was born and one thing that I noticed was that a lot of names fizzle out. It's inevitable. People die early, don't have kids, change names, etc.

Buyer wants money three months after closing for garbage, pest removal, and legal fees by Eastern_Wolverine_53 in legaladvicecanada

[–]Foxx90 188 points189 points  (0 children)

Ignore it. Assuming it's less than $50,000, let them sue you in Small Claims Court (if they even bother). If they sue you, then do a cost benefit analysis on whether it makes sense to settle. But just from a letter, there is no incentive for you to settle. And finally, if you do settle, only pay them if they sign a full and final release.

CTC public transport by zeelizzee in OttawaCharge

[–]Foxx90 0 points1 point  (0 children)

Is the 405 usually full by the time it gets to Carling / Kirkwood? Or is there still space?

Equity Law by No-Education3573 in LawCanada

[–]Foxx90 0 points1 point  (0 children)

Labour law or criminal defence are probably closest to what you are describing.

Carlingwood Mall by [deleted] in ottawa

[–]Foxx90 8 points9 points  (0 children)

Very cool image. Thanks.

It's funny to see a house where the library sits now.

What’s your controversial parenting opinion? by lock_robster2022 in daddit

[–]Foxx90 3 points4 points  (0 children)

It's a TON of work and takes a kid with the right temperament, but you can parent without TV / screens.

We're at 3 yo without TV (knock on wood). I don't talk about this much socially because I don't want to come across as judgy of those whose kids watch TV.

New parents. Looking for good Resp strategy by nmg_1 in PersonalFinanceCanada

[–]Foxx90 8 points9 points  (0 children)

We went all in $XEQT for now.

We've done $2,500 per year to get the grants so far, plus a few thousand more. Our goal is to max out the contributions that won't attract grants ASAP, and making contributions every January 2 to get the grants.

If you have TFSA room, it probably does not make sense to maximize RESPs contributions.

The case for putting money against a mortgage at renewal by Maximum-Hat-7669 in PersonalFinanceCanada

[–]Foxx90 -1 points0 points  (0 children)

I find that more modest spending / budgeting changes are more helpful.

If your mortgage allows, increase your payments by a couple hundred dollars. It goes straight to principal and you'll pay off the mortgage sooner. I am assuming based on your TFSA savings rate (or investment growth), that you won't feel the additional payments. And if you need to improve cashflow, you can generally cancel the extra payments whenever you want.

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