Nov 17, 2007, 11:20 AM
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#1 of 51
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Currently 24 and living at home.
Been in and out... Left originally at the age of 19 when I joined the military. Moved back in at 23 after finishing University.
Basically where I live, my income does not allow me to purchase a house, and I don't see the point in sinking $950 + utilities into a bachelor pad when I can just pay my parents some rent, at least then I know it's going to a better cause. Saving up for a house, but when a small condo goes for over $200k, you either gotta be making some good money, or have a nice nest egg. I just bought my new car with cash and have no debt, so I constantly put money into a savings account and $150 a week into bonds, with a little stock market playing on the side.
A group of friends will sometimes get on my case about me living at home, but it doesn't bother me. The Five of them live in a three bedroom townhouse that is not well cared for in an area I would not trust to park my car. They constantly ask me for money or if they can burrow my car, hence why I laugh when they try to downplay my living situation.
Am I a slacker? I don't think I have the right to say yes or no. I am supposedly within the top 5% for income in Canada, yet I could barely afford a small condo here. I lived with little spending money for 4 years on my own, and managed to walk away with my diploma's without debt, so when I buy a house, I want to enjoy it and make sure it's something I can be proud of. I don't want to find myself in heavy debt, living paycheck by paycheck. I want *it all* as some people put it, nice house and nice car, but I am willing to wait for it.
Edit: Apparently, the average age to move out in Ottawa is 27/28, so I am still in the norm.
Jam it back in, in the dark.
Last edited by Garret; Nov 17, 2007 at 11:24 AM.
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