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Or much simpler: Own your property. Once you own your place, you don't have to pay rent, you can live on $500 a month. That may be covered by the unemployment
by user5994461 10y ago
Or much simpler: Own your property.
Once you own your place, you don't have to pay rent, you can live on $500 a month. That may be covered by the unemployment help, so you don't have to work either and don't pay taxes.
Bonus: if there is a spare room in your place, you can rent it and you'll make enough to cover a lot of expenses and save much money.
- moonka 10y ago>Once you own your place, you don't have to pay rent, you can live on $500 a month. That may be covered by the unemployment help, so you don't have to work either and don't pay taxes. At least in Washington, unemployment is limited to I believe 26 weeks. IIRC, during the big downturn this was doubled in a lot of places (perhaps nationally?) but at least here it is back to 26 weeks.
- betaby 10y agoSpeaking for avg Canadian city, avg property tax about 1.1%. Median home price is 285K, thus you need 261CAD for property taxes alone, add here electricity, basic house maintenance and you need 500CAD only to live in your modest fully paid house.