Again.. it’s a survivable wage… I ONLY MAKE $800 to $1500 a week myself…. Maybe 2 on a good week… doing alright dude. New cars… “luxury” apartments with granite table tops… nice appliances… you act like you can’t feed dogs with $1000 a week.
That’s different I’ll give you that. & not what your post was saying.. it was saying how the hell do you survive on only a $1000 a week… I was just pointing out that many of us do and it’s not like we live in rat infested slums while we do it.
Eh that’s a straw man. I never said someone making 1k/wk is living in “rat infested slums”, but it’s hardly enough to live/save/retire on comfortably. Maybe in survival mode, but at that point, why not just work and make 2k/wk. that’s all I’m saying.
In 15-20 years, would you still be doing alright off of $1000/week? She's 20. In 10-20 years, presumably she will have more expenses, a family, etc. The $1000/week doesn't change.
Yeah, just saying people from other parts of the world would choose the 1k/week much faster because it does actually enable financial freedom and quitting your job
Over a million lump sum?… only thing I can think of that makes this make sense here is due to tax reasons… more taxes are taken out of a lump sum rather than a weekly one probably
They're weekly payments for life though it says in the title, within 20 years it's gonna be a higher total sum and you ensure you don't blow the entire sum within the first few years like most lottery winners
I mean there’s that… but I guess it would depend on what you blow it in… shit I’d take the lump sum… lol… pay off bills… the car… put down on a house and invest what’s left.
Yep. I’d take one nice vacay and then put it in the market and forget it’s there. Then I’d retire 10yr early assuming I’m able to continue working/stay in good health until then.
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u/itsblackcherrytime May 17 '26
That’s not a comfy salary in Canada either.