Techie Shocks - 70 Lakhs Salary NOT ENOUGH
On social media, a recent video of a programmer of indian descent talking about his $115,000 (about ₹70 lakh) Canadian income has generated discussion about Toronto's expensive cost of living. In a video that businessman Piyush Monga posted, the IT expert claimed that making over $110,000 isn't as amazing as it seems.
He discussed the high cost of living in Toronto. He claimed that his rent takes up around $3,000 (approximately ₹2,51,130) of his paycheck. When questioned about his salary, he answered, “Upwards of $100,000, but that is not enough nowadays, especially if you live downtown.” The serious conversation concerning salary and living expenses was given a lighter touch by a few amusing comments made in the video's comments area.
“I feel your pain! I’m earning less than you, but my rent is even higher!”
“Brother, you should just move to a cheaper city! Toronto is for tourists, not for saving money!”
“Guess he should start a YouTube channel about being broke while making six figures!” “Welcome to adulthood! Where $100,000 just buys you stress and bills!”
Numerous social media users also discussed the high expense of living in the city and expressed their personal experiences and thoughts. A reader suggested that the technician think about switching firms in order to boost his income. They made the point that, in both the US and canada, intra-company transfers—which are frequent in businesses that focus on providing services—typically don't lead to substantial wage increases. No matter how much they make, people frequently feel unhappy with their income, according to one user. Even under the current situation, they stressed, living in canada is still far better than living in India.
“Brother, you should just move to a cheaper city! Toronto is for tourists, not for saving money!”
“Guess he should start a YouTube channel about being broke while making six figures!” “Welcome to adulthood! Where $100,000 just buys you stress and bills!”
Numerous social media users also discussed the high expense of living in the city and expressed their personal experiences and thoughts. A reader suggested that the technician think about switching firms in order to boost his income. They made the point that, in both the US and canada, intra-company transfers—which are frequent in businesses that focus on providing services—typically don't lead to substantial wage increases. No matter how much they make, people frequently feel unhappy with their income, according to one user. Even under the current situation, they stressed, living in canada is still far better than living in India.