A new study from Leger Marketing indicates that many Atlantic Canadians are not in a good mindset when it comes to their finances.
The study indicates that 60 per cent of people in the region say they don’t have enough money left to save, invest, or pay down debt, and more than half of respondents say money is their biggest stressor.
Wendy Brookhouse, CEO with Black Star Wealth, says there are several factors coming together that create the increased stress and strain on people’s finances.
She calls it a “tsunami” or “perfect storm” of things like inflation and high interest that are coming together to put stress on people’s discretionary income.