Are you better off living in Canada or in the UK (in terms of making money)?
01-25-2015, 02:10 PM
Considering that only a small percentage of people ever get into the City of London's exclusive club, I'd point at Canada/Australia as being better bets for getting more bang for your buck.
Most people aren't top 1%, or connected. If one is living in London; dreams of grandeur can quickly turn into the flat reality of a damp cramped apartment rental. Struggling to make ends meet on the meagre paycheque of a crummy service sector job.
In the city of London you're directly competing against the sons and daughters of rich arab Sheiks, Nigerian oilmen, Armenian diamond movers, Russian billionaires, and pretty much the whos' of who of the top earners of their respective countries. London is a global city, but it's no poor or even middle class man's city.
In Canada and Australia you can get by in any of the top 5 cities with a decent job (if nothing spectacular). Both countries offer generally good stability to get your footing right. Both are second to none when it comes to resources/trade tickets. With Canadian/Australian training in the petroleum or mining industry, your skills are global. And the barrier of entry lower for younger workers.
Most people aren't top 1%, or connected. If one is living in London; dreams of grandeur can quickly turn into the flat reality of a damp cramped apartment rental. Struggling to make ends meet on the meagre paycheque of a crummy service sector job.
In the city of London you're directly competing against the sons and daughters of rich arab Sheiks, Nigerian oilmen, Armenian diamond movers, Russian billionaires, and pretty much the whos' of who of the top earners of their respective countries. London is a global city, but it's no poor or even middle class man's city.
In Canada and Australia you can get by in any of the top 5 cities with a decent job (if nothing spectacular). Both countries offer generally good stability to get your footing right. Both are second to none when it comes to resources/trade tickets. With Canadian/Australian training in the petroleum or mining industry, your skills are global. And the barrier of entry lower for younger workers.