The charts show the youth income spent on various areas in Canada and Poland, and also three key life events by age compared to an estimated global norm.
Looking from an overall perspective, young people’s expenditures in Canada is more evenly split than Polnd, where transport and studies take the majority. Poland is closer to global average than Canada in terms of life events.
Young people in Canada and Poland spend their money differently. In Canada, youth have a balanced budget. They spend a lot on leisure activities (20%), clothing (19%), housing (16%), and food (16%). Education (15%) and transport (14%) also take up a fair amount of their money. In Poland, young people focus more on education, spending 43% of their income on it. They also spend 26% on transport. Because of this, they spend less on housing and food – only 5% each – and less on clothing (11%) and leisure (10%). These differences show how culture and economy influence how young people manage their finances in each country.
When it comes to important life events, Polish youth usually follow traditional paths. They leave their parents’ homes around age 26, which is similar to the global average. They buy their first car at about 28 and marry around 30. In Canada, young adults tend to become independent earlier, moving out by age 20 and buying their first car at 19. However, they marry a bit later, around age 31. These differences in timelines reflect the various social expectations and values in Canada and Poland, showing how life events can differ based on cultural background.