Once upon a time, there was a teenager, and life was grand. It was just that, life; fun and fancy free. I really do have found memories of my teenage years. Things were easy, I could do what I pleased, when I pleased. It was easy to find a part-time job, even in the “sticks”, and work was just down the street, a five minute drive. On week-ends friends got together for a week-end balm fire. Friends were great, we all would hang out, gossip and drank a few beers. Life was easy; well at least not as hard as it is today…at least financially.
Minimum wage today is about $11.40, gas prices fluctuate around the $1.04 mark; beer a whooping $40 for a case of 24. At $11.40 an hour one needs to put in almost of full day of work pay for case of beer. YIKES! How do college students to it today? A movie ticket is about $13, and that’s not wth popcorn or a chocolate bar. Did you also notice that the size of the chocolate bars are shrinking and yet the prices stay the same? I’ve been noticing that this has been happening with other foods, such as Tropicana orange juice down by 7.8 per cent, Häagen-Dazs ice cream by 12.5 per cent, Ivory dish detergent by a whopping 20 per cent (http://www.cbc.ca/news/canada/newfoundland-labrador/rezori-why-your-groceries-are-getting-smaller-but-still-cost-the-same-1.2795669).
The rise in the cost of living is getting crazy; just like the new mortgage rules that came into effect last week, where buyers need to have a 20% down payment. Now that a lot of cash up front, specially for the first time buyers.
Back in the day, I was earning a mere $10 an hour – gas was .50 cents, a ticket to the movies about $5, the transit in Toronto was .15 cash one way, yup and a case of bear (24) was about $15. We did not need to work as many hours to pay off the grocery bill, or the week-end party. But then again, things did not cost as much; the cost of living was more balanced – at least from my perspective. Those where the days my friends.