Even recession didn't slow down Canadian's spending, report finds - Yahoo! Canada News
When I read this, I was a little surprised and a little concerned. The number doesn't seem that extreme in some ways, $41,740 is far below one year's average household income, but its per person, not household. I've read reports for years about how our relative tax burdens have increased and how our standard of living fluctuated compared to that of other industrialized nations but this puts an exclamation point on it. Are we, as a society, capable of living within our means? Are we as consumption oriented as many of us believe others to be (like the Americans), but thought we weren't?
It also kind of hits on something I have noticed with my wife: she's a spender, I'm a saver. Its how we were both raised and how our adult lives have played out as well. Sometimes our differeing outlooks clash but I think in the end we're better for it, especially compared to if we both were spendthrifts.
When I read this, I was a little surprised and a little concerned. The number doesn't seem that extreme in some ways, $41,740 is far below one year's average household income, but its per person, not household. I've read reports for years about how our relative tax burdens have increased and how our standard of living fluctuated compared to that of other industrialized nations but this puts an exclamation point on it. Are we, as a society, capable of living within our means? Are we as consumption oriented as many of us believe others to be (like the Americans), but thought we weren't?
It also kind of hits on something I have noticed with my wife: she's a spender, I'm a saver. Its how we were both raised and how our adult lives have played out as well. Sometimes our differeing outlooks clash but I think in the end we're better for it, especially compared to if we both were spendthrifts.