In this video, I get into the reasons behind why residing in Toronto can evoke a sense of financial strain and anxiety. Having spent the majority of my adult life in Toronto, while I appreciate the city, I've begun to acknowledge the potential challenges that make it less than ideal for the long term, primarily due to its high cost of living.
I share insights into my personal situation, the real estate market, and the various life expenses one must consider. It's crucial to understand that, ultimately, money isn't the sole determinant of happiness. I firmly believe that someone earning 50k a year can experience the same level of contentment as an individual earning 500k a year-it's all about perspective.
Hope you enjoy and I will see you all in the next one,
-Frank
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🕒 TIMELINE
0:00 INTRO
1:22 CURRENT SITUATION
3:51 UNAFFORDABLE REAL ESTATE
5:44 WHAT ABOUT - OTHER EXPENSES?
7:02 CONCLUSION
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