Inflation is eating into salaries big time
Here’s why younger Canadians are feeling the squeeze, despite high salaries — and what you can do to claw back some of your buying power without having to negotiate for a raise.While Canadian Gen Z and millennials may be making more than their parents on paper, Baby Boomers were able to live a cheap and stable lifestyle. And they had enough left over for savings.Statistics CanadaWhen it comes to individuals not in an economic family, they earned an average $38,200 a year in 1981.
Once student debt is paid off, there’s the rising cost of housing across the country, and then child care to consider. Just remember, paying down debt shouldn’t be pushed aside. These should also be treated like bill payments. So it might be that where your budget had room before to spend on yourself, it may not now. Therefore, consider a spending freeze until your budget gets under control.. It can feel more manageable to pay off one bill per month, instead of keeping up with multiple debts and lenders.Article contentJust because you’re cutting back doesn’t mean you need to cut completely.
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Why $100K a year isn't enough anymore, plus 3 tips for making your finances workBeing \u0027rich\u0027 isn\u0027t the same today as it used to be
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Why $100K a year isn't enough anymore, plus 3 tips for making your finances workBeing \u0027rich\u0027 isn\u0027t the same today as it used to be
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Caregiving for a spouse: Living with the risk of heart attackWhen his wife was diagnosed with heart disease, Sven Stuwe stepped in as a caregiver. Then came managing the emotional and financial impact. — via healthing_ca CdnCaregiving CdnHomeCare CaregiversAB OntCaregivers HeartandStroke healthing women
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Caregiving for a spouse: Living with the risk of heart attackWhen his wife was diagnosed with heart disease, Sven Stuwe stepped in as a caregiver. Then came managing the emotional and financial impact. — via healthing_ca CdnCaregiving CdnHomeCare CaregiversAB OntCaregivers HeartandStroke healthing women
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Caregiving for a spouse: Living with the risk of heart attackWhen his wife was diagnosed with heart disease, Sven Stuwe stepped in as a caregiver. Then came managing the emotional and financial impact. — via healthing_ca CdnCaregiving CdnHomeCare CaregiversAB OntCaregivers HeartandStroke healthing women
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Caregiving for a spouse: Living with the risk of heart attackWhen his wife was diagnosed with heart disease, Sven Stuwe stepped in as a caregiver. Then came managing the emotional and financial impact. — via healthing_ca CdnCaregiving CdnHomeCare CaregiversAB OntCaregivers HeartandStroke healthing women
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