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The good news is that a majority maintain a budget to help keep their spending on track each month. The top expenses they account for include grocery bills, filling up at the gas station, entertainment and savings. It’s crucial to have a clear picture of your finances as the cost of living rises. High inflation has pushed the prices of necessities to eye-watering levels, and people are feeling the pinch. For example, food prices were up 9.9 per cent in July from the same time last year,
It’s very difficult for most CDNs to budget for unexpected price increases. Too many are tapped out and already very indebted b/c of housing costs. CDNs are borrowing $$ to buy food. The same affordability housing costs Trudeau promised to address in 2015. How’s that working out?
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