Here are Canadian consumers’ biggest concerns for 2019
Going into 2019, polled Canadians are concerned about interest rates rising, the value of the dollar, and most of all, the rising cost of goods. This is compounded by the fact that many have taken out loans or used credit cards which increased the amount of debt they owe. Experts are warning Canadians to focus on debt repayment and curb spending going into the new year while making wise investments that will give you peace of mind for retirement.
“People are focusing on the immediate priorities. If you take a long-term approach and you have a financial plan, these turns in the market don’t touch you.”