What is a good Salary?
Feb 22nd 2009, 5:06 pm
#16
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Thread Starter
Joined: Feb 2009
Location: Coquitlam, Vancouver
Posts: 71
Re: What is a good Salary?
$150,000 is in the stratosphere. I would think that a new immigrant would have little chance of this unless they had very specialized, and in demand, skills.
The OP should look at scholarships that might be available to subsidize his(her?) kid's education, student loans, a second income, and expecting the older ones to take part-time work to help out with their education. This is all quite normal.
I have two sets of friends, both immigrants and both with three children, who are managing to put them through university on much less than $150,000 pa. One couple have a joint income of $80,000 and the other $100,000. It can be done and very much depends on your priorities in life.
The OP should look at scholarships that might be available to subsidize his(her?) kid's education, student loans, a second income, and expecting the older ones to take part-time work to help out with their education. This is all quite normal.
I have two sets of friends, both immigrants and both with three children, who are managing to put them through university on much less than $150,000 pa. One couple have a joint income of $80,000 and the other $100,000. It can be done and very much depends on your priorities in life.
Feb 22nd 2009, 5:13 pm
#17
Assimilated Pauper
Joined: Mar 2005
Location: Ontario
Posts: 40,019
Re: What is a good Salary?
I suspect that, on one income, someone with three children is not going to have much of a life in BC. I don't see three cars.
Feb 22nd 2009, 5:40 pm
#19
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Joined: Dec 2007
Location: Calgary
Posts: 2,092
Re: What is a good Salary?
Student loans may depend on the province.
There are no student grants in Alberta, unlike when I went to University in England.
There are lots of bursaries and awards though, for sports, community and volunteer involvement, scholastic achievement etc. Most students do not even bother to apply.
RE: salaries.
In Alberta I believe that for a double income family $45,000 for the male and $26,000 for the female is about average.
Lifestyle depends a great deal on debt load. The less debt you carry, the more disposable income there is. On the other hand the fewer new "things" you have.
There are no student grants in Alberta, unlike when I went to University in England.
There are lots of bursaries and awards though, for sports, community and volunteer involvement, scholastic achievement etc. Most students do not even bother to apply.
RE: salaries.
In Alberta I believe that for a double income family $45,000 for the male and $26,000 for the female is about average.
Lifestyle depends a great deal on debt load. The less debt you carry, the more disposable income there is. On the other hand the fewer new "things" you have.
Feb 22nd 2009, 5:47 pm
#20
Joined: Jul 2005
Posts: 15,883
Re: What is a good Salary?
Feb 22nd 2009, 6:27 pm
#21
Cynically amused.
Joined: Oct 2002
Location: BC
Posts: 3,648
Re: What is a good Salary?
Feb 22nd 2009, 7:29 pm
#22
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Joined: Sep 2005
Location: Windsor, ON
Posts: 3,374
Re: What is a good Salary?
As a permanent position, I think you'd need to be more like CIO level to expect $150k....
http://www.itworldcanada.com/salaryc...alculator.aspx
http://www.itworldcanada.com/salaryc...alculator.aspx
Feb 22nd 2009, 7:29 pm
#23
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Joined: Dec 2007
Location: Calgary
Posts: 2,092
Re: What is a good Salary?
