Living paycheque to paycheque? Exactly Just How Canadians make do
Did you know 47% of Canadians reside paycheque to paycheque?
Essentially 1 / 2 of us are one payday far from some pretty dire straits. Missed car re payments, a clear refrigerator, or credit cards bill that may bring some of us to your knees. Those will be the known facts for the predicted seventeen million, six hundred and seventy-three thousand Canadians. Until we started researching because of this piece, I hadn’t grasped the dimensions, level and, honestly, the nightmare with this issue. Certain, I’d heard stats regarding the news like, “the typical Canadian spends roughly $1.77 for virtually any buck made,” but had hardly ever really considered that for a lot of, many individuals, the need to borrow cash is simply a reality. And a pretty one that is frequent.
While all of us at KOHO had been developing the new Early Payroll function, we surveyed just shy of 500 Canadians and discovered that 86% had been quick on money for everyday costs. Obviously, this made me interested in learning just what Canadians are making use of to shut the space between costs and their next paycheque. Continue reading “Living paycheque to paycheque? Exactly Just How Canadians make do”
