Canadian Personal Finance Blog

So, I have actually had some excellent comments and feedback from different folks about this set of writing, so I will do a formal study from here.

First meet the family we will be studying (completely fictional, so no e-mails about I know who this family is):

• John and Jane Q. Public who are married
• John was born January 1, 1960
• Jane was born January 1, 1962
• They have two kids Zeke born January 1 1997 and Mary born January 1 1999
• They don’t save, own anything or invest (yes, this is a very boring scenario, my apologies)
• The gross family income I will assume for this family is $100,000/year (a little higher than average).
• They live in Ottawa.

Tomorrow I will post their current tax return for 2006, where John and Jane both work at Generic Co. and make the exact same income, and we will see how much tax they pay (assuming they receive popcorn and beer money as well).

If you have any commentary please feel free to jump in. Note I have changed the title from my original “My Wife” is worth how much, since that is sexist.

Related Links:

• The Disappearing Middle Class in Canada
• Spousal RRSP: Income Splitting
• My Spouse is Worth How Much?
• High Price of Parenting
• My Wife is Worth How Much 2007