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/biz/ - Business & Finance


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17811843 No.17811843 [Reply] [Original]

How the fuck can you live in Toronto with $50k income???

Fed
7144.5 + 485.85

Ont
2217.26 + 557.61

EI
810

CPP
2550

Health Premium
600

Total = 14,365.22


You lose 28.73% of your income to tax. You’re left with just over $35k.

Average rent in Toronto is $2500 so you’re only left with $5k. You barely have enough money to own a car let alone maintain it with gas and required car insurance that eats at most of the rest of your $5k. Even if you go just with transit you lose $3k to get to and from your job or food market. You’re only left with $2k for food, clothes, tech, investments AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH

>> No.17811856

>>17811843
lol, why the fuck do you think we are buying crypto?

>> No.17812064

>>17811843
that's why everyone is in debt boy. the money is madeup anyway
now buy a 600k condo whose value can plummet any day now so you can also pay property tax

>> No.17813019

>>17811843

You dont get it, anon. You're not allowed to save money because you're not allowed to retire. Can't have Mr. Goldstein run out of cheap labor... or worse, have some goyim open a business that competes with him. Oy vey! No! No!

The only thing you're allowed to do is work until the day you die.

>> No.17813092

>>17811843
Housing cries 2.0, not only did China crash the markets with bat soup, but they all ready set us up by buying housing out side of China.

>> No.17813409

>>17811843
That's why you find a girlfriend who will let you crash at her place.

>> No.17813446

>>17811843
>Average rent in Toronto is $2500
Really?
Mine is about 1800, about 600 sq feet, not living downtown though. I make about 145k, wife makes 60k. Its comfy.

>> No.17813462

If your end game is living in a city with a salary under 120k then you're fucking retarded. I have a friend who make 80k/yr in toronto and he's still on food stamps to support him and his family.

Use your common sense and get the fuck out of there because that place is a financial black hole. Get the fuck out while you can, It's like you're level 1 and going to level 70 area.

>> No.17814149
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17814149

>>17811856

>> No.17814390

>>17811843
Work I’m waste water treatment and u can live in any city or country u want
No college just read one book and get your grade 1 waste water certificate and get paid 60 thousand a year in a super comfy job with pension and great benifits

>> No.17814403
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17814403

>>17814390

>> No.17814412

>>17814403
And u get free access to bomb shelter when nukes come

>> No.17814433

>>17811843
Just move away from Toronto. Why stay in a such a shithole of a city filled to the brim with nigs and shitskins?

>> No.17814584

I paid $1600 rent when I lived with my partner in the Beaches