ILP-0072: How To Improve And Take Control Of Your Finances
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According to Bloomberg, one in five Canadians says that their debt situation today is worse than it was five years ago. Referencing the same source, the latest MNP Consumer Debt Index published recently shows 50 percent of respondents said they're within $200 of not being able to cover their monthly bills, and nearly an equal proportion of participants in the survey (49 percent) said they aren't confident in their ability to cover expenses without going deeper into debt. Even the latest data from Statistics Canada says that Canadians, on average, owed almost $1.72 for every dollar of disposable income.
ILP-0072: How To Improve And Take Control Of Your Finances
ILP-0072: How To Improve And Take Control Of…
ILP-0072: How To Improve And Take Control Of Your Finances
According to Bloomberg, one in five Canadians says that their debt situation today is worse than it was five years ago. Referencing the same source, the latest MNP Consumer Debt Index published recently shows 50 percent of respondents said they're within $200 of not being able to cover their monthly bills, and nearly an equal proportion of participants in the survey (49 percent) said they aren't confident in their ability to cover expenses without going deeper into debt. Even the latest data from Statistics Canada says that Canadians, on average, owed almost $1.72 for every dollar of disposable income.