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-   -   Buy a truck, Loose your Job :( (http://www.canreef.com/vbulletin/showthread.php?t=62592)

banditpowdercoat 03-23-2010 12:53 PM

Buy a truck, Loose your Job :(
 
Just got rid of our expensive lease, and financed a new truck. Well, practically new. Then get home and get an email saying I will be unemployed come Apr 16th... Ugggg Life sux sometimes.

Just had to vent while waiting for the coffee

The Codfather 03-23-2010 02:07 PM

Sorry to hear. That does suck. I left on paternity leave in January, because my wife makes more(a lot more) money than I do. I thought no big deal, I will just return in Sept. I was talking to the guys the other day and they are letting 4 guys go. Makes me wonder if I have something to go back too.

whatcaneyedo 03-23-2010 02:27 PM

I know what you mean. I've been putting off getting a new vehicle (house, vacation and marriage) for 4 years because I cant find steady employment here. Now if I could only get a refund for that $25000 I spent on education...

bvlester 03-23-2010 03:05 PM

well I also know what you mean layed off last oct told we would be returning to work come Jan still not found new work and returned to work.with three kids that sucks. Wife does not work either she is on disability due to MS.

Bill

Wingin It 03-23-2010 03:09 PM

While many of us (including me) have faced many different ups and downs, i'm gonna get geeky and say, "just believe that it will all work out" Be positive and positive things will come your way, be negative and that's all you'll see and possibly experience. Do what you have to, to keep things going and share the responsibilities in life with your partner (if you have one). ;)

banditpowdercoat 03-23-2010 03:41 PM

Ya, I know I will get another job, it's just when. We have been living on the edge for quite a while now, Savings were burned up last year. I cant afford even 2 weeks without a paycheque right now, EI JUST pays Mtg and Truck payment, nothing else. Only behind on CC bills so screw them, household bills are kept up.

muck 03-23-2010 04:13 PM

Can you bring the truck back for a cheaper older truck.

banditpowdercoat 03-23-2010 04:22 PM

Quote:

Originally Posted by muck (Post 504484)
Can you bring the truck back for a cheaper older truck.

no, that was the cheaper truck LOL problem was getting out of my lease.

Zoaelite 03-23-2010 04:36 PM

Dan you come off as a pretty intelligent guy, I'm sure things will pull through for you! Should see if you can do something more your skills oriented and just run with it.

bvlester 03-23-2010 04:36 PM

well what can I say but keep a chin up and look on the bright side there is work out there, I've had a couple phone interviews. Over qualified and getting old does not help me any but I will fine some thing or build a Biss.

Bill

Delphinus 03-23-2010 04:40 PM

Ugh, that is brutal man. :( Good luck with everything!!!

Skimmerking 03-23-2010 05:18 PM

there always the army Dan. to get into the army with a trade they pay you up to 20,000 cash for havign that specific trade too. and something like a welder you are saving the military money . Don't get me wrong here im not pushing the army on anybody.. just throwing some things out there for ya ....

Lance 03-23-2010 05:21 PM

Damn! Sorry to hear this. :sad:

Scythanith 03-23-2010 05:29 PM

Quote:

Originally Posted by banditpowdercoat (Post 504476)
...Only behind on CC bills so screw them, household bills are kept up.

I know this may not be exactly what you meant but most household bills (at least in Saskatchewan) don't usually report to the credit report companies quite as soon as the credit card companies will come down on you.

It could possibly be better for your credit score to pay the CC companies their minimums and try and work something out with the utilities providers?

I wish you all the luck!

Cameron 03-24-2010 12:51 AM

Screw the companies that report to your credit bureau isn't a good idea at all.

My wife and I can last indefinitely without income. We live in a very modest condo, but have bought many investment properties over the years that cash flow positive from day one. People should really invest in income producing assets rather than depreciating assets. The net income we get from the investments would pay all our expenses for what we need.

We have taken no hand outs from parents or inheritance, all was on our own.

banditpowdercoat 03-24-2010 01:13 AM

Quote:

Originally Posted by Cameron (Post 504627)
Screw the companies that report to your credit bureau isn't a good idea at all.

My wife and I can last indefinitely without income. We live in a very modest condo, but have bought many investment properties over the years that cash flow positive from day one. People should really invest in income producing assets rather than depreciating assets. The net income we get from the investments would pay all our expenses for what we need.

We have taken no hand outs from parents or inheritance, all was on our own.

Ya, I buy toys lol

Duffer2 03-24-2010 03:27 AM

I got the "Downsizing due to economic factors beyond our control" speech in March 2009. At the time, my wife and I bought into the "life gives you lemons make lemonade" philosophy so we cashed in our savings took my severance, and went on one last big trip. It was great and seemed like a good idea at the time.

3 months pounding the pavement in downtown Calgary and we are both still unemployed. We might be looking back with a touch of hindsight now!!!

Oh well, things have to get better some time. Chin up, shoulders back, big smile, and start begging!!!!

bvlester 03-24-2010 03:37 AM

I've done everything on my own and bought toys went through a divorce lost said toys and now buying more toys. We get by just and we have had to sell some of the extra toys to help out but. We have to look on the bright side there are jobs out there just have to get the fish to bite and then set the hook. I bought my first place when I move out from my parents place no cosigner and my own down payment. interest rate was in the 13% range early 1990's I payed 1200 a month on a 47,000 mortgage it was a bit high because it was a shorter term mortgage and a 1 year amortization, It was a condo not a house with strata so there was more money and I payed all my own utilities as each unit had separate electric and phone lines no gas in the units. electric was not that much. water sewer and gas was paid to the city twice a year at a set rate. You have to make your own destiny not let everything else decide your destiny. You have been talking about working on a biss in the aqaudics industry you still can just start slow get preorders and a deposit on everything. None returnable so it would amount to a restocking fee. As the saying goes there is more ways than one to skinn a fish......

Bill

StirCrazy 03-24-2010 04:42 AM

Quote:

Originally Posted by asmodeus (Post 504508)
there always the army Dan. to get into the army with a trade they pay you up to 20,000 cash for havign that specific trade too. and something like a welder you are saving the military money . Don't get me wrong here im not pushing the army on anybody.. just throwing some things out there for ya ....

there bonus pay is a joke actualy, I hade 4 ODs working for me who were told they would get it but after 3 years of me writing memos on there behalf and fighting with and for them.. nothing.. they try to find every way they can to get out of paying it even stalling so long you get tired of fighting.

Steve

banditpowdercoat 03-24-2010 04:47 AM

Oh, did I forget to mention that I am a Industrial Electrician? I acctually think I have a line on a job up Albion oil sands. Will find out tomorrow. See, thing is, I won't relocate for work. Atleast not right now., so it's camp jobs for me. It's easy to get a job if you can relocate tomorrow.

bvlester 03-24-2010 06:11 AM

I'm in the same situation my wife will not move. She now says she will but only within BC.
It sucks if I do get a job some where else I will loose and if I don't I will loose, so it does not matter.

Bill

StirCrazy 03-24-2010 01:40 PM

Quote:

Originally Posted by banditpowdercoat (Post 504701)
I acctually think I have a line on a job up Albion oil sands. .

where is Albion?

Steve

banditpowdercoat 03-24-2010 02:19 PM

Northern Alberta

loveless 03-24-2010 02:58 PM

Heh thats where i work! Welcome.

danny zubot 03-26-2010 06:14 PM

reply
 
I feel your pain. I moved from Calgary 1.5 years ago and lost my job last spring. It's tough finding a good job in a small market like the Kootenay's. Thankfully my wife landed one right away, but I'm still looking.

bvlester 03-26-2010 09:59 PM

Quote:

Originally Posted by danny zubot (Post 505369)
I feel your pain. I moved from Calgary 1.5 years ago and lost my job last spring. It's tough finding a good job in a small market like the Kootenay's. Thankfully my wife landed one right away, but I'm still looking.

Well that sucks.

Bill

Madreefer 03-26-2010 10:17 PM

Quote:

Originally Posted by StirCrazy (Post 504754)
where is Albion?

Steve

1 hour north of Ft.Macmurray. Really nice camp, like a 3 star hotel. Lots to do but camp sucks period. Being stuck in camp is like prison but at least the money is insane.

Crytone 03-27-2010 10:56 PM

I always hated being in camp because I made less money (no subsistence pay) and even the 'nice' camps were still sh*t holes IMO. Being one of the least favorite people on most locations (by nearly everyone) didn't help much either as people were either upset with what I did and how much I made.

I think work is slow everywhere though. A Master Electrician friend of mine recently got fired from an Oil Sands project. He was only kept so long because he was on contract and it would have cost the company way too much to break it.

Anyways good luck with the new job. Anything is better than nothing is what I always say and something better will always come around, especially when this economy rebounds.

Murminator 03-28-2010 03:53 AM

Quote:

Originally Posted by banditpowdercoat (Post 504476)
We have been living on the edge for quite a while now, Savings were burned up last year. I cant afford even 2 weeks without a paycheque right now, EI JUST pays Mtg and Truck payment, nothing else. Only behind on CC bills so screw them, household bills are kept up.


Sorry to hear that Dan but if "I" was in that position I wouldn't be buyin a new truck........just sayin

bvlester 03-28-2010 04:08 AM

Quote:

Originally Posted by Murminator (Post 505777)
Sorry to hear that Dan but if "I" was in that position I wouldn't be buyin a new truck........just sayin

I don't think he bought a new truck because he was getting lay ed off it was unexpected and just bad timing the lease on his truck came due and he had to have some thing to drive back and forth from 100mile to revelstoke. I feel his pain.
BIll

muck 03-28-2010 05:41 AM

Quote:

Originally Posted by danny zubot (Post 505369)
I feel your pain. I moved from Calgary 1.5 years ago and lost my job last spring. It's tough finding a good job in a small market like the Kootenay's. Thankfully my wife landed one right away, but I'm still looking.

Mr. Mom is not so bad is it? :wink:

The Codfather 03-28-2010 06:22 AM

Hey Muck, I resemble that remark. I have been at home with the kids for well going on 4 months now.

bvlester 03-28-2010 07:29 AM

I've been home with the kids and stay at home mom for 6 months I'm going crazy need a job.

Bill

banditpowdercoat 03-28-2010 02:36 PM

Quote:

Originally Posted by bvlester (Post 505781)
I don't think he bought a new truck because he was getting lay ed off it was unexpected and just bad timing the lease on his truck came due and he had to have some thing to drive back and forth from 100mile to revelstoke. I feel his pain.
BIll


Ya exactly. But looks like there is a silver lining :D Funny how word travels sometimes, I have a couple choices now I think. An old friend just emailed me with another job possibility too.

christyf5 03-28-2010 02:46 PM

Quote:

Originally Posted by banditpowdercoat (Post 505857)
Ya exactly. But looks like there is a silver lining :D Funny how word travels sometimes, I have a couple choices now I think. An old friend just emailed me with another job possibility too.

Perfect! I hope it all works out for ya! :biggrin:

Doug 03-28-2010 04:09 PM

Dan. We are always short electricians out here in this booming economy. :D

banditpowdercoat 03-28-2010 04:16 PM

Quote:

Originally Posted by Doug (Post 505872)
Dan. We are always short electricians out here in this booming economy. :D

No offence, but it's Manatoba.... LOL JK I had to.

It does seem like residential Electricians are allways in high demand, But the low wages, cut throat competition, it's not for me. I'm an industrial electrician, PLC's Analog control's etc. Thats fun :D

StirCrazy 03-28-2010 05:20 PM

Quote:

Originally Posted by banditpowdercoat (Post 505875)
No offence, but it's Manatoba.... LOL JK I had to.

It does seem like residential Electricians are allways in high demand, But the low wages, cut throat competition, it's not for me. I'm an industrial electrician, PLC's Analog control's etc. Thats fun :D

why don't you put an aplication in at the mine in kamloops. there is a new one starting up also.

Steve

banditpowdercoat 03-28-2010 05:36 PM

Quote:

Originally Posted by StirCrazy (Post 505891)
why don't you put an aplication in at the mine in kamloops. there is a new one starting up also.

Steve

Way ahead of you there Steve.

Doug 03-29-2010 12:44 PM

Quote:

Originally Posted by banditpowdercoat (Post 505875)
No offence, but it's Manatoba.... LOL JK I had to.

It does seem like residential Electricians are allways in high demand, But the low wages, cut throat competition, it's not for me. I'm an industrial electrician, PLC's Analog control's etc. Thats fun :D


Its Manitoba.....:lol:


and there is always Inco, if your looking for a large mining company.


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