This article on Money Sense asks “Can young people afford to live in the city anymore?” It then goes on to explain how young people can survive in a city.
I must admit, when I started to work in Toronto, I got an entry level job and I shared a two bedroom apartment with 3 other girls. That was all I could afford at the time. This was in the late 1960’s. I have always lived below my means. I did save money but never really started to invest until the 1970’s. I ended up in a 3 bedroom apartment with one other girl, but when I moved in, there were 3 of us.
I find that most young people seem to want their own apartments. I personally liked sharing an apartment. When there was 4 of us in a two bedroom, there was always someone to go out with. I also made live on friends with most of the people I shared with.
On my other blog I wrote yesterday about LifeWorks Inc (TSX-LWRK, OTC-MSIXF) ... learn more. Next, I will write about TMX Group Ltd (TSX-X, OTC-TMXXF) ... learn more on Wednesday, July 13, 2022 around 5 pm.
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