[Editor’s Note: This is a copy of our regular community newsletter. If you’d like to sign up, email us at hello@compasscohousing.com.]

Life with young kids is all about the wee ones… school, holidays, birthday parties, and an endless amount of chauffeuring here, there, and everywhere… to swimming lessons, dance classes, music lessons, language school, play dates and on and on and on…

Holy macaroni! It can be tiring!

And it was one of the biggest reasons my wife and I joined Compass… to have a chance to “share the load” from time to time.

Other parents would tell you the same… that a big reason they bought into Compass was to be able to get help with the kids from time to time.

But it’s not the only reason… and, for most people, it’s not even the main one.

Everyone joins for different reasons. Some feel isolated and want to be near others. Some don’t like the keeping-up-with-the-Jones’ mentality that makes up so many neighbourhoods nowadays. Others just want to know their neighbours.

And then there’s the money. Cohousing helps you cut down your monthly expenses.

That’s a big topic right now because of inflation. The highest in 40 years.

You can’t help but notice how much more expensive life has gotten over the last little while. Gas, food and other essentials have gone through the roof!

If you’re retired and your income doesn’t go up when prices do, that hurts.

If you’re employed but your wages are set by contract, you might be finding it harder to make ends meet each month.

But it doesn’t have to be that way. In fact, it’s possible to set things up to make yourself inflation “resistant.”

Through cohousing of course.

That’s because cohousing offers the chance to enjoy the same standard of living at a lower cost.

Sometimes the group can work out lower prices by buying as a group. Or sometimes you can save money by not having to buy something in the first place. Or you can get access to skills you’d have to pay for normally.

Here are just a few real-life examples we’re looking at for Compass:

  • Car Sharing – eliminate the need for a family to have a second vehicle they won’t use most of the time. (And for retired folks, they might be able to get away with no car at all.)

  • Shared Internet – cut the bill to a fraction of what it would cost buying it yourself.

  • Central Hot Water – lower insurance premiums (no hot water tank in the unit means less risk for the insurance company.) Plus heating one huge boiler is cheaper than dozens of smaller ones.

  • Bulk Buying – buy staple goods in bulk and distributing among the community. Much cheaper than popping to the supermarket for one or two things.

  • Gardens – a bunch of growing areas to provide the community kitchen with a stream of fresh fruits and vegetables that we won’t have to buy from the store.

  • Solar Power – our building is designed to be able to produce its own power. This will directly save us dinero and perhaps even make us a bit of coin (by selling any leftover back to BC Hydro.)

… I could go on and on, but I think you get the idea.

Some will be formal programs. Others will be off the cuff. But all will help cut down your cost of living without cutting your standard of living.

Oftentimes, people comment that our unit prices are higher than the homes in the area surrounding us.

And, to a point, they’re right. Dollar for dollar, Compass is premium priced. But it’s not a fair comparison. Because they aren’t considering how much we can save as a community versus living on our own among strangers.

Some members will save hundreds of dollars a month. Others (like families) could save a thousand or even more.

And that adds up over time… especially if the price of food and gas (and everything else) keeps going up.

Could Compass be part of your “anti-inflation” program?

It starts by getting to know each other a bit. And the best way to do that is through a no-obligation Info Session.

You’ll learn about our project and the people behind it. And see if you might see yourself being a part of our community.

And with that, I’m off to get ready for another kids’ birthday party (do they ever end?!?!)

LEARN MORE ABOUT COMPASS

Langley’s New Village Opportunity

Just enter your details below and wey’ll send you out our Project Briefing. You’ll learn more about cohousing and who it’s for, meet some of our members, see detailed drawings and get a really good idea of the community wey’re building here in Langley.