πIn light of economic uncertainty and the escalating cost of living, one-third of Canadians intend to reduce household expenditures, according to a recent BMO Economics report. According to a fall survey by Ipsos, thirty percent of respondents intend to reduce their spending, with forty-two percent making it a New Year's resolution. An equivalent proportion, 68%, do not have a financial plan in place, while 60% do not have a household budget. Unknown expenditures (82%), the overall financial situation (81%), household expenditures (65%), and bill management (61%), are among the concerns. The survey indicates that anticipated interest rate reductions and a moderation of inflation could provide some solace.β . . #CanadianBudgets2024 #FinancialPlanning #Budgeting2024 #PersonalFinance ent #SavingsGoals #FinancialWellness #SavingsGoals #mnm #malayalisnearmeapp #canadaupdate #canadanews
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