Despite debt challenges, saving for a vacation (34%) led the list of financial priorities (slightly ahead of retirement savings at 31%). This year’s summer survey continued to build on the success of the 2018 campaign. Although results revealed that more Canadians believe they have reduced their debt vs. last year’s survey, there are still a significant number (nearly 40%) who live beyond their means. We learned how different generations of Canadians view spending and debt, and their perception between good and bad financial habits.
Here are a couple of things we learned.