this post was submitted on 25 Nov 2024
43 points (95.7% liked)
Personal Finance Canada
1197 readers
1 users here now
Come and discuss anything related to personal finance, directly or indirectly, with other Canadians!
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I guess the surprising thing is that depending on the province, a gross salary of $150k nets well over $350 or so per day (before union dues, CPP, benefits, etc). Ultimately though, $250 is less than a day’s work.
Like, I get that you might be supporting a kid or 5, and maybe live in an expensive city, and that $150k doesn’t support that. Canada is fucked right now, and that’s not lost on anyone. But if that’s the case then $250 is like a squirt gun on a forest fire.
This is exactly what I am getting at. Also I think others might not consider that them and their partner are clearing that together. The over 150k I'm referring to is household income.