$100K Salary in Canada Isn’t Rich — It’s a Trap! скачать в хорошем качестве

$100K Salary in Canada Isn’t Rich — It’s a Trap!

Making $100,000 in Canada sounds great until you see the real numbers. After federal tax, provincial tax, CPP, EI, sales tax, rent, and basic expenses, you're left with $19,723 for the ENTIRE year. That's $1,643.58/month for savings, retirement, emergencies, and life. Let me show you the math. I'm an MBA in Finance with 6 years in banking. I broke down exactly where a $100K salary goes in 2025 using verified tax rates and real Vancouver cost-of-living data. The results explain why six-figure earners still feel broke. ⏱️ TIMESTAMPS: 0:00 - Intro: The $100K Illusion 0:45 - The brutal breakdown (Federal, Provincial, CPP, EI) 4:43 - The hidden thief 7:07 - The practical comparison 9:20 - Conclusion 💡 KEY INSIGHTS: In 2010, houses were 3x annual salary. Now they're 12x Rent went up 140% since 2010. Salaries didn't RRSP limit is $18,000/year. You have $19,723 total left It takes 12 years to save for a down payment at this rate You're not bad with money - the rules changed 🎯 WHO THIS IS FOR: Anyone making $75K-$150K wondering why they feel broke People considering moving to Canada Immigrants shocked by cost of living Anyone who thinks they're financially irresponsible (you're not) 🔍 RELATED TOPICS: 100k salary Canada, take home pay calculator, cost of living Vancouver 2025, BC tax breakdown, why 100k isn't enough, Canadian housing crisis, RRSP contribution limits, salary after tax Canada, Vancouver rent prices, real cost of living 💬 COMMENT: What's your salary range? I'll make a breakdown for your income level. 📺 NEXT VIDEO: Automatic subscription plan with no cancellation option (Birth to Death) - Subscribe so you don't miss it 🔔 Subscribe for financial truth without BS. Real data, sarcasm, zero sugarcoating. --- SOURCES: Canada Revenue Agency (2025 Federal Tax Brackets) BC Government (2025 Provincial Tax Rates) Service Canada (CPP/EI Maximums) CMHC (Housing & Rent Data) Real Estate Board of Greater Vancouver Rentals.ca, Liv.rent (Jan 2025 Rent Averages) DISCLAIMER: Educational purposes only. Not financial advice. Your tax situation may vary based on deductions, credits, province, and filing status. #personalfinancecanada #canadalife #costofliving #canadasalary #canadajobs #canadaeconomy #canadatax #salaryguide #canadajobs Music credits: 0 to 45 seconds: comedy-cartoon-Music by Ievgen Poltavskyi from Pixabay 46 seconds to 4:42 seconds: comedy-funny-quirky-Music by Maksym Malko from Pixabay 4:43 seconds to 9:19 seconds: smooth-instrumental-jazz-music-Music by Tunetank from Pixabay 9:20 seconds to 10:56 seconds: comedy-cartoon-Music by Ievgen Poltavskyi from Pixabay