radoboist's journey in the world (of love, of studies, of whatever...)

A look into how a hopeless romantic copes with what life throws at him... Regardless if it is romance related or not...

Wednesday, December 14, 2011

Rich getting Richer, Poor getting Poorer Part 2

So, it appears that many corporations and large businesses still haven't learned from the latest movement of either Occupy Wall Street or National Change Bank Day.

Today, I went to Scores for dinner, because I haven't been in a while and I noticed that they have raised their prices for the quarter chicken leg dinner.  It used to be $9.75 and now it's $10.25.  I remember back in he day, it was $8.25 or $8.75.  This got me thinking, what am I paying more for in the previous year?  What will I be paying more for next year?  It's pretty depressing:

1) Scores:  Quarter chicken leg dinner from $9.75 to $10.25;
2) Videotron internet:  From $83.25 a month to $85.25;
3) TRAM Zone 3:  From $113 to $117 (as of January 2012);
4) Restaurants who now cannot have taxes included, so taxes are being added (an extra 15%);
5) More taxes to the government as Quebec Sales Tax is being raised another 1%;
6) Membership to the Ontario College of Teachers, from $120 a year to $138 a year;
7) The major Canadian banks raised transaction fees as well as required a higher minimum balance in one's account to have those transaction fees waived;
8) Hydro Quebec is projecting an increase in their fees;

I can also say that food that is bought in a supermarket is costing more.  People are paying more for gas.  Everything is costing more...  However, peoples' salaries are not going up in the same amount every year...

I am going to be forking out $2 * 12 for internet in the next year, that's $24 more than this year.  I will be forking out $4 * 10 more for public transport next year, that's $40 more than this year.  That's $64, not including the increase for the OCT ($18), the meals I might eat at Scores, the taxes which I cannot calculate in advance and the Hydro bill.  However, I can estimate that with all those added together, I would probably say I would fork out another $450 to $500?

When I go up the pay scale, I am going to get in an increase of at most $400 next year.  That would be effective in September of 2012.

I feel the crunch myself...  I feel myself having less disposable income, even to save up for retirement or to save up for a down payment for a house...  It's getting more difficult to put money aside for a rainy day.

It is pretty sad the reality of our economy.  Something is very wrong, but no one who is rich gives a crap and wants to change it.

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