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Locked: Share your budget and how to raise kids

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  • Jan 8th, 2018 9:53 pm
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Deal Addict
Dec 24, 2009
1210 posts
1070 upvotes

Share your budget and how to raise kids

Thread has turned into something wonderful, so editing to reflect the new direction! Grinning Face With Smiling Eyes
Last edited by Ken_vs_Ryu on Jan 1st, 2018 2:52 pm, edited 2 times in total.
160 replies
Deal Fanatic
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Sep 12, 2007
6145 posts
884 upvotes
Greely
2% the norm at our company.
Deal Addict
Sep 9, 2017
1915 posts
1803 upvotes
Winnipeg
2% here as well.
Deal Addict
Jan 19, 2008
1648 posts
1518 upvotes
Etobicoke
2017 inflation is around 2%. Got more than that , then consider yourself lucky.
Deal Addict
Feb 7, 2006
2448 posts
1386 upvotes
Even with wage growth expanding in Canada as of late, it is still 2.2% y/y which would suggest that 5% is more of the exception than the norm. 5% - sorry, 4.666% - sounds pretty good.

https://www.reuters.com/article/canada- ... SL2N1MH0ET
Deal Fanatic
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Jul 22, 2015
6071 posts
4660 upvotes
Saint-Hubert, QC
Around 3%
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Deal Expert
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Mar 9, 2007
15535 posts
13096 upvotes
Think of the Childre…
11.8%

WOULD SOMEBODY THINK OF THE CHILDREN!!!
Deal Fanatic
Jan 18, 2003
6377 posts
2280 upvotes
Mississauga
0% 2017
0% 2018
Deal Fanatic
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Jul 22, 2015
6071 posts
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Saint-Hubert, QC
Ducky wrote: 0% 2017
0% 2018
Damn, where do you work?
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Deal Addict
Oct 18, 2014
2037 posts
918 upvotes
HK
Percentage is relative. Going from 50-60k (20%) feels great compared to 200-210k (5%).

All in all, you're paid what your perceived value is.
Deal Addict
Nov 6, 2015
1287 posts
942 upvotes
Guelph, ON
You probably got a higher raise than 90% of the country and you're complaining?!?
Deal Fanatic
Jan 18, 2003
6377 posts
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Mississauga
MoneyHypeMike wrote: Damn, where do you work?
labor work... we do get 2% in 2019 though...lol
Deal Addict
Apr 21, 2014
2319 posts
1106 upvotes
Alberta
Ken_vs_Ryu wrote: End of year raises. Anyone else get less than 5%, is this the new norm? 4.666 I mean they couldn't round it up?
5%? Try 2-2.5% being the norm. Last year was max 2%, year before was a wage freeze.
Deal Guru
Dec 11, 2008
12820 posts
3445 upvotes
Husband got 3%, I got 3% as well. Most people got like 2%
Deal Fanatic
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Dec 27, 2009
7921 posts
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Victoria, BC
Some years nothing. I would expect no more than inflation if anything. 5% would be good.

PS - I didn't realize "end of year" raises were a thing. I've never gotten an increase at this time of year in any company I've worked for.
Deal Addict
Apr 21, 2014
2319 posts
1106 upvotes
Alberta
Chickinvic wrote: Some years nothing. I would expect no more than inflation if anything. 5% would be good.

PS - I didn't realize "end of year" raises were a thing. I've never gotten an increase at this time of year in any company I've worked for.
Neither have I. Our raises and bonus payments usually happen in February after the financial results for the year are released.
Deal Addict
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Mar 3, 2011
4859 posts
29177 upvotes
Usually your raises are also reflective to the pay band scale if your company has one - if you are at the HIGH end of the scale, expect that your bonus keeps on dropping yearly unless you fall under different circumstances.
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Want to know the latest Costco Clearance items and prices in Ontario.. check out my thread here.
Jr. Member
Dec 15, 2010
127 posts
182 upvotes
2015 - 0%
2016 - 0%
2017 - 0%
Deal Fanatic
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Jul 7, 2003
7373 posts
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T dot 6
2%

On the plus side our stock price has doubled so the stock purchase program has kicked butt.
stubhub and clearly.ca suck, like really suck
Deal Fanatic
Dec 6, 2006
5761 posts
1954 upvotes
Toronto
I got 5.5% for mid-2017. I was told i got the biggest raise in our team. Not sure if it's really true, or if it's biggest in % or in actual dollar value.

Not too happy tho as I'm really looking for a promotion which my manager said so surely would happen for the last 2 years. So it's nothing but a sour loser prize to me. Well i guess it showed I'm still somewhat valuable to the manager at least?!

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