The two pie charts compare the percentage of income expenditure in different categories by younger generations in Canada and Poland. Overall, young Canadians’s expenses are almost evenly distributed in each aspect of life, while young Polish spent significantly more money in Studies and Transport.
In Canada, young people devote most of their income on Leisure with 20%, following by Clothing with 19%. As for daily necessity expenses incluing Housing and Food, 16% of the money is allocated for each of them. Lastly, Studies and Transport consumes 15% and 14% of the income respectively.
In contrast, the expenditure pattern is vastly different in Poland. Majority of the income(43%) is invested in Studies. Also young Polish seems to spend a considerably amount of money(26%) in Transport. About same amount of fund is allocated to Leisure and Clothing at 10% and 11%. Finally, only 5% is used for each of essential cost: Housing and Food.
Turning to the average age of main milestones in life prior to 35, comparing young people in Canada, Polish and the Global average, we also see different patterns in terms of Leaving home, Buying first car and Getting Married.
Young Canadians become independant earlier by leaving home at age 20, and buying their first car just below age 20. In contrast, young ones in Poland leave their home just overe age 25, similar to Global average which is around age 26. Young Polish also tend to purchase their first car later in life at around age 26, which is almost the same as that of the Global average. However, when it comes to Getting Married, young poeple in Canada and Poland seem to share some commonality. Young Canadian get married around age 31 with their Polish peers doing the big marriage event at age 30, whereas the Global average is just about age 20 which is much younger than both Canadian and Polish.