Wednesday, April 20, 2011

One-third of Canadians can't afford basic expenses: survey

One-third of Canadians can't afford basic expenses: survey

The findings presented in this article are not a surprise but they are concerning.

Most people could probably stand to learn a few lessons from the book linked at the left - The Cheapskate Next Door. 

8 comments:

Jen McCleve said...

How does this even happen? Is this because people are not living within their means? Or is it because of some other reason? Do you they not have enough financial planners up there? Incredible survey.

ericwilliam25 said...

I am here wondering some information about personal financial planning. What is the formula many financial planners use to determine how much an individual will need in retirement?

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Lise Raev said...

That is fascinating. I wonder what the specifics of the study were, and whether it's due to a poor economy or to poor debt management. I agree with Jen McCleve; it seems like they might benefit from some good financial planners.

Micaela said...

I am not from the said country but I find this very alarming. I can't help but wonder what is happening to this world. I've been reading a lot of articles on finance and it's really depressing to discover the facts behind the figures.

Financial Planner Adelaide said...

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narvkelly said...

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Jayce Martin said...

Its because Rightwing Terrorists deliberately cut it back every year and hope their Starving the Beast tactics will work.If we taxes the rich we could not only afford healthcare but even those new Planes everyone has been debating about.
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