Quote:
Originally Posted by Ozy_Flame
Isn't the average commercial debt somewhere in the high 20k for the average Albertan? Among the highest in the country?
Probably more often than you think.
|
Do you mean consumer debt? And how is 20k of average debt representative of spending on non-exempt purchases only?
The average income of an Albertan is 50K/year. At 50K, that means you're spending 20% of your total income on non-exempt goods. That's an extreme amount, considering the list of exemptions in BC.