You obviously make less than 50 grand and look at it as some benchmark to reach... trust me, even without kids it's not much. It was barely enough in the mid 90's so i know it's not enough now.
You're wildly missing my point.
If you're talking about Vancouver's standards, yes, 50 k is not very good. But honestly, I wouldn't be living in Vancouver (and I don't) with a 50 k salary job - the housing prices are overinflated beyond repair. I'd steer way clear of it even if the prices do drop. But I'm personally not a real estate expert. My parents are employed in the sector so I do believe I have something to contribute here.
But if you're talking about most other places in Canada or even in the US, saying a 50 k job is not decent is stupid. Have you even seen the average Canadian/US salary? Yeah, that's right - didn't think so. 50 k is a decent job in most places of the country. 50 k running a family? Not so much.
Also one more thing, if you think 50 k is 'not enough' for ONE PERSON, you're not a very good money manager. If you go out and eat all the time, yes, you'll run out of money. If you go out and splurge on stuff like most people do, yes, you'll go into debt.
If you live away from Vancouver (suburbs), you could get by with 50 k no problem.
It's really easy to get into debt than to stay debt free and there's where you and I differ. I admit I make much less than you do but I don't have debt problems. I'm frugal and live humbly.
Edited by Matthew Lombardi 18, 31 May 2012 - 01:12 AM.
So we are officially in a bit of a silly season, and in general I stay away from the completely crazy rumors that persist on the internet, or in the case of the Leafs having interest in Nabokov or Turco I will occasionally debunk them...however, I have been getting inundated with emails, PMs, and questions on twitter regarding a few rumors that are out there...so here goes.. I will address the rumors and follow with what I have or haven't heard...If you all like this format, maybe Wacky Wednesdays could be a regular feature. I wouldn't do it more than once a week, because I am too busy talking to actual sources and attempting to provide you all with as much unique information as possible.
Too busy talking to actual sources? lolwut
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