How bad with money do you have to be?
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Depends where you live, but for a family income, that's for sure poverty in all major centres.
That's both adults working full time making $14 an hour.
I live in the prairies, so not one of the more expensive places to live.
Rent $1500 (mine's 1800 for an apartment that's for sure not large enough for family, but is in a nice, crime free neighbourhood)
Let's say these people don't even pay income tax (which they will pay a tiny bit of).
There's $18k of their income gone already.
$42k
2 cell phones, internet, electrical (no water cause it's included in rent).
$300 per month. $3600 per year.
Food for a family of 4.
https://www.ctvnews.ca/5-things/what-to-budget-for-groceries-and-how-to-bring-the-supermarket-bill-down-1.4112063
Typical family of 4 spent $12k a year on groceries and eating out in 2018. I think we all know food prices have gone up. But we'll go with that.
Down to 26,400.
One car, and since it's one car, we're going with a small SUV since it's a family of 4. Insurance, gas, car payment, maintenance, you're looking at roughly 10k for the year.
Down to 16k.
Then we have clothes for 4 people, school supplies, entertainment, sports for kids.
They're scrapping the bottom of the barrel. In Winnipeg. One of the most affordable cities in our country.
So if you're living in a poor neighbourhood, with one car for the family, have no disposable income, and probably can't afford to put your kids in sports... you are poor. That would be poverty. So the article is right. Not sure how any of you think that's an acceptable salary for a family of 4. My wife and I held off on trying for kids until our household income was north of 200k, because if you're going to bring someone into this world the least you can do is give them opportunity.
Lower class is poverty. Not being able to afford extra for your kids, never owning property, and having zero retirement savings would be poverty.
They'd be even more fucked in any other city, plus that was me having them pay ZERO taxes, which wouldn't be the case. Fuck, if you look at that and think there are 'extras' by modern standards in Canada that's pretty ridiculous.
Add in, that could be one parent, with no income splitting, actually only taking home $48k. Tons of wiggle room, right? Being one major spend (car accident, medical bill, etc) away from being destitute is a pretty low bar.