THE MON­I­TOR

The Woolwich Observer - - COMMENT -

Some 47% of work­ing Cana­di­ans report it would be dif­fi­cult to meet their fi­nan­cial obli­ga­tions if their pay cheque was de­layed by even a sin­gle week. The num­bers are even higher for mil­len­ni­als in their 30s (55% would have dif­fi­culty) and Gen Xs in their 40s (51%). Some 41% of em­ploy­ees spend all of or more than their net pay. The num­ber-one rea­son given for in­creased spend­ing is higher liv­ing costs.

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