Even longer than than - it goes back to at least Napoleonic times and possibly further.
And the French calling the English 'rosbifs' (roast beefs) is at least as old.
I still like the Monty Python sketch where they were trying to figure out a disparaging name for Belgians - they finally settled on Phlegms :)
Exactly
MargW
No, but extremely well explained ! We loved the weekly pay, same as you.
The first 3 mortgages I've had, we paid bi-weekly. Worked great. On the first house, we had a 15 year mortgage, which was to be paid off by 11 years, and the almost then exDH had to refi while we were in the property settlement. Our credit union just does direct paycheck debiting with the auto-deposit. Right now we have a commercial loan that is monthly - but we're looking forward to switching to the bi-weekly.
If you pay more often than the mortgage is set-up for, then the amount just goees directly to principal. I don't think US mortgages allow for a weekly payment plan - just the bi-weekly, or monthly. But, I could be wrong.
Ellice
The best bit of all is no mortgage ! Although I do have condo fees but way lower than an apartment rent would be and all the nasties like snow removal taken care of and if we need anything fixing I am not the person who has to deal with a contractor who tries to sniff out whether he can put one over on you. I got sick and tired of that.
The only one like that left for me is the car, though they are learning fast. I was taking my Nissan to a dealership that was bought out and all of a sudden it was fix this, fix that. I picked it up from a service and the clerk is telling me I should leave it there and have this brake job, very unsafe driving with brakes like mine. Going to be $4/500. First she said it was because the car was standing too long unused, I pointed out I just came back from a trip to Vancouver. Then she said probably it was standing in the elements had done it, I said I park underground. A man waiting to be served was laughing by this time. Anyway, I went to a small, independent service repair place, I needed a small job done on the brakes - appx.$150 tops and no urgency whatsoever. No wonder there is that joke about the pic of a car salesman and 'do you trust this face' lol
Cathy should tell you about our bank charges! The banks here are goldmines - for the owners!
Joyce in RSA.
I'm already feeling somewhat depressed, now you want to make it worse?
A lot of the money I receive is in cash (at the Backpacker's Lodge) and in order to deposit that cash into the bank I have to pay a cash handling fee of 1.5% (minimum - if the amount I deposit is low, it could take the entire deposit). And then withdrawing the cash costs the same, unless it's from an ATM and then it's a bit lower. Issuing a cheque costs R23, electronic transfers are R6.50, debit orders are R12.
These amounts all sound low, but add up horribly. There's also the mandatory monthly fee, in addition to the regular bank charges. Divide by 10 to get the dollar amount, and then compare this to the price of a loaf of bread (R8) or a litre of milk (approx R10).
Nuts!
Catherine
Ouch - hugs to you Catherine - those are exorbitant fees. We pay a monthly fee for our chequeing account (about $12), and it covers most transactions. There are fees if we go over a minimum number of transactions, or if we take money out an ATM that is not at a branch of our bank. I just looked at my bank statement and it lists the number of transactions and the fee I would have paid if I didn't have the type of account I do (26 transactions at $.65 each or $16.90). If you are a senior, or if you want a minimal number of services you can get accounts are lower fees. My business account fee is about the same.
Milk here is under $1.00 Cnd a litre (I buy in the 3-bag/4 litre format). Bread is more expensive than yours, and has gone up in the last year with the rise in the price of flour worldwide.
MargW
You're welcome - thanks for asking. I really don't like being called Alice
- so to speak. The worst is people that pronounce it "El-lice" rhyming with nice, or I had one that went with "El-lick-ee" - go figure.
Ellice
Well, I got my new pans, but what a saga. The local gourmet shop only carries some brand I have never heard of, so I went to Williams-Sonoma. They only had All-Clad in stainless, no Calphalon or Cuisinart, and the All-Clad was heavy as lead - much too heavy for my aging wrists. So, off to Dillard's. Their stuff was all terrible heavy, and just as I was about to give up in despair, I spotted some by Emeril. Now, I hold no brief for him, and I don't eat in his restaurants - or any of the others in this town which are mainly geared to tourists - but the cookware seemed nice. It is called Pro-Clad, but in the fine print I notice it is actually All-Clad, but much lighter, presumably because of a thinner aluminum core. Fine for me, wrap it up, please. At the same time, while we were poking around, dh potted a stainless electric skillet by Presto. As ours is also ancient, the cord wrapped with insulating tape where someone partly melted it, and one handle severely cracked, we decided to get that one, too. What's more, we got both of them for around $150, which I had been expecting to spend on just one
12" pan.So, thank you again for the technical info, it really helped me.
Now back to the sewing machine.
Olwyn Mary in New Orleans.
You're quite welcome. Please let me know how you like your Emeril ware. I've seen it in the BBB, but thought it looked nice, albeit, I'm pretty set that I need the heavier version of full triple clad when I get the next pots. Sorry you had such a saga to go thru.
I can understand that!
Ellice
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