Quote:
Originally Posted by Tapioca
Very timely article in the Globe and Mail this morning about a 100K salary not being sufficient for a "middle-class" lifestyle in Canada's major cities:
https://www.theglobeandmail.com/inve...affordability/
Here's the accompanying Reddit thread, which is trending with over 600+ comments:
https://www.reddit.com/r/canada/comm...fortable_life/
The majority of posters on RS make well over 100K (some likely several hundred K), but 100K doesn't go as far as it used to, particularly for those without real estate in their portfolio.
Also, if you haven't noticed, the salary transparency act is now in effect in BC:
https://kpmg.com/ca/en/home/insights...rency-act.html
While some companies will probably not comply, you'll have more credibility going forward to call out your friends on their BS and their incomes based on their job titles. |
Back in high school, one of our friends always studied his ass off, said his life goal was to make 6 figures. And we thought that was totally crazy and totally unnecessary: what would you even buy with all that money?? At the time, outside the CAPP class door there was a poster showing MDs even just barely made that.
Yeah. Times have changed.
