Quote:
Originally Posted by _Q_
I do understand that sentiment, but I also feel like that's now an outdated idea that's no longer in line with reality.
When a decent home in Calgary is now worth at least $500k, a new vehicle is at least $40k, child care costs around $1200 per child, internet and phone plans are astronomically high. It becomes close to impossible to purchase just the basics on minimum wage. Heck, a two income household making average income can't afford the average cost of things.
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But that's my point... the EXPECTATION that ALL should be able to purchase a home is simply not realistic at all. Or a new vehicle. Quite often some people really just should not be "privileged" to make some purchases or decisions in life regardless of whether they want to or not. The capacity simply isn't there and can't be justified. Our culture and schooling makes for too much entitlement, often unjustifiable. There's really almost no reason to have a $100+/month cell/data phone bill these days if it's purely for domestic use - that's a stupid thing to take on, and reflects either naivety or laziness. (I say this having a ~$100/mo cell/data plan that covers a full family with EACH of us at 25gb/mo and unlimited Canada everything... but I had to bargain HARD to get that). All our last few vehicles were bought used. Plus I pursue many other cost-reduction/savings (that, admittedly, makes the spouse shake their head).