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-   -   Straw Poll - Salary (https://britishexpats.com/forum/maple-leaf-98/straw-poll-salary-589244/)

Cassie 10000 Feb 4th 2009 7:13 am

Re: Straw Poll - Salary
 

Originally Posted by FlirtyKnickers (Post 7248868)
You little fountain of knowledge:rofl:


I knew I had some sort of use on BE :)

FlirtyKnickers Feb 4th 2009 7:15 am

Re: Straw Poll - Salary
 

Originally Posted by Cassie 10000 (Post 7248898)
I knew I had some sort of use on BE :)

:rofl: What would we do without you;)

Oakvillian Feb 4th 2009 7:19 am

Re: Straw Poll - Salary
 

Originally Posted by shoequeen (Post 7248710)
It's not a meaningless question - it's just a quick survey, there to be answered by people who want to [which you obviously don't].

All it is, is a simple question, nothing to get heated about folks! A simple yes or no would suffice.

OK, then, I'll give you two direct answers to your original question.

scenario 1. I am a fabulously wealthy investor-class immigrant to Canada, I run my own company employing 300 Canadians, I have two ex-wives, a large house in a lovely area of Toronto, a ski lodge in Whistler where I spend three weeks every winter, a condo in Florida where I spend the rest of winter, I keep cars in each location. $100,000 would last me about a week and a half.

scenario 2. I finished my formal education without a high school diploma. Since then I have taken casual labouring jobs on construction sites during the summer, and work bars in the winter. My girlfriend and her baby from a previous relationship live with me, but we can't afford to get married because that would change her welfare payments. However, we just about make ends meet so long as we continue to get on well with the folks at the food bank. $100,000 is so far out of reach that I can't even begin to comprehend what I could do with that kind of salary.

Where on a sliding scale between scenario 1 and scenario 2 do you fall? The answer to your question rather depends, doesn't it?

Cassie 10000 Feb 4th 2009 7:21 am

Re: Straw Poll - Salary
 

Originally Posted by FlirtyKnickers (Post 7248905)
:rofl: What would we do without you;)

Not sure, :rolleyes: have more serious discussions perhaps?

Anyway I think we have gone off topic somewhat, as all threads do.

nikki dreaming Feb 4th 2009 7:21 am

Re: Straw Poll - Salary
 
I'd be more than happy with 100k, but I know I haven't got a hope in hell of earning it.

As others have said the question is a bit meaningless as the area of Canada that you live will have a bearing on the amount you can expect to earn and will be balanced against the cost of living.......................................

However, if you want a short answer I would say yes:thumbup:

FlirtyKnickers Feb 4th 2009 7:28 am

Re: Straw Poll - Salary
 

Originally Posted by Cassie 10000 (Post 7248926)
Not sure, :rolleyes: have more serious discussions perhaps?

Anyway I think we have gone off topic somewhat, as all threads do.

Oh God.....how did that happen:rofl:

nikki dreaming Feb 4th 2009 7:29 am

Re: Straw Poll - Salary
 

Originally Posted by FlirtyKnickers (Post 7248959)
Oh God.....how did that happen:rofl:

I tried to get it back on track:p:rofl:

triumphguy Feb 4th 2009 7:32 am

Re: Straw Poll - Salary
 
For 95% of Canadian's $100,000 is a lot of money.

Many (not most) households reach $100,000 if both partners work. Two teachers for example. Or two plumbers - imagine the plumbers bum in that household:rofl:!

However: Caveat!!!!

It's not income that counts it's disposable income. I'm a financial advisor and I've seen familes making 250K who are near bankruptcy, and households with an income of 50K who are going to retire comfortably.

Keep your debt ratios low: it's more important than "income"!!!!!!:thumbup:

FlirtyKnickers Feb 4th 2009 7:33 am

Re: Straw Poll - Salary
 

Originally Posted by nikki dreaming (Post 7248962)
I tried to get it back on track:p:rofl:

I had noticed Nikki.....your a superstar:thumbsup:

100k would be lovely, don't you think?:rofl:

Elaine B. Feb 4th 2009 7:34 am

Re: Straw Poll - Salary
 

Originally Posted by FlirtyKnickers (Post 7248982)
I had noticed Nikki.....your a superstar:thumbsup:

100k would be lovely, don't you think?:rofl:

I'd take 50k if I could get rid of the kids;)

Cassie 10000 Feb 4th 2009 7:38 am

Re: Straw Poll - Salary
 

Originally Posted by triumphguy (Post 7248976)
For 95% of Canadian's $100,000 is a lot of money.

Many (not most) households reach $100,000 if both partners work. Two teachers for example. Or two plumbers - imagine the plumbers bum in that household:rofl:!

However: Caveat!!!!

It's not income that counts it's disposable income. I'm a financial advisor and I've seen familes making 250K who are near bankruptcy, and households with an income of 50K who are going to retire comfortably.

Keep your debt ratios low: it's more important than "income"!!!!!!:thumbup:

This is more or less what I have said and everyone else has said or is going to say.

We don't know what the OP spends their money on and what's important in their lives so this is why this sort of question gets this sort of reaction.

I think the OP needs to do their own sums and a research trip, like everyone else has done :) (This is written in the nicest way possible)

Elaine B. Feb 4th 2009 7:40 am

Re: Straw Poll - Salary
 

Originally Posted by Cassie 10000 (Post 7249000)

We don't know what the OP spends their money on and what's important in their lives so this is why this sort of question gets this sort of reaction.

I'll take a guess and say SHOES:eek:

Souvenir Feb 4th 2009 7:43 am

Re: Straw Poll - Salary
 

Originally Posted by dbd33 (Post 7248866)
They don't do well with the idea that, just because one has a huge tax bill, it doesn't follow that one has the income to pay that bill. They're really not very nice to deal with.

No they're not. I raised the issue when I replied to my latest audit. I got a response a couple of days ago. In essense, I don't have to pay the instalments on demand but, if I'm out of whack at the end of the tax year, we're in to limb-forfeit territory.

Souvette's decision to quit the military makes more and more sense.

FlirtyKnickers Feb 4th 2009 7:44 am

Re: Straw Poll - Salary
 

Originally Posted by Elaine B. (Post 7249005)
I'll take a guess and say SHOES:eek:

I like boots....but not a 100k worth:rofl:

Having a combined income of 100k or less would suit me just fine....I can shop in Winners:thumbsup:

Novocastrian Feb 4th 2009 7:56 am

Re: Straw Poll - Salary
 

Originally Posted by shoequeen (Post 7248269)
Straight up question ...

Is $100,000 a decent salary in Canada?

No.

Is this the benchmark that people aspire to?

Only those making less than that.

Thank you! :)

You're welcome.


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