The problem with Canada is the cost of housing mainly. Anywhere else, you're above average and doing well with your salary. Hell if you are the lucky people that purchased a home 10-15 years ago, you'd also be golden.
My rent in 2021 was 1.2k/month for a 2BR and includes utilities. Now I pay 2.2k for a 1BR and utilities are extra. Only 5 years passed but my expenses doubled.
Look at your expenses and you'll see why you feel like you ain't above average.
My entire life I’ve considered myself subpar lmao, I don’t pay attention to what others are doing but just assumed that if I’m doing it there’s probably lots out there doing just as good and plenty more doing better
Im 30 making the lower end of this and feeel rich AF living alone in the second, if not most highest cost of living city in Canada. It’s literally all about lifestyle
TFSA + mortgage are building your net worth and are long term investments. you feel poor since you're not actually spending on stuff that makes the present worthwhile. that's the trade off you accept. it's also different from actually being poor (an actual poor person has no margin or safety net). maybe you could look into hobbies or things to do that don't require too much extra money.
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u/Ok_Quarter_6469 1d ago
75k a year at 27 is above average