How is disposable income these days?
I am wondering how disposable income is looking for people these days. I'd appreciate people commenting whether they think their's is better or worst over the last 5-10 years and if there are significant reasons for the change.
In my case, I moved to northern Canada for a job in 2007. Prior to that disposable income was tight as I was somewhat under employed (maybe 70-75%) and housing was very expensive. We also sold the home so that really reduced costs so since then I have been fortunate to have very good disposable income. But I would say prior to moving to the north, disposable income was tight my whole adult life first from putting myself through university, and then while I was in university the housing market practically tripled in Vancouver. But, even if I hadn't been under employed, I still think money would have been tight because housing was just so expensive. It would have made the difference between feeling like debt was never going away and being able to get it under control, but the money would still be going to housing.
So, good disposable income now, but had to make massive changes in my life to achieve that and I think I would still feel buried in debt with limited disposable income if I was still in Vancouver.