QUESTIONS
1.
1.
A growing number of Canadians now see living paycheque to paycheque as their financial reality, according to a new survey from H&R Block Canada. One in ten Canadians stated their paycheque does not even cover basic living costs. Does your paycheque cover basic living costs?
Yes
47%
414 votes
No
27%
237 votes
Undecided
11%
99 votes
Not Applicable
15%
137 votes
2.
2.
The survey shows that the rising cost of living continues to erode savings habits. While the long-standing guideline suggests setting aside 20 percent of income, Canadians on average save just 7 percent. Do you save about 20% of your income?
Yes, about that
18%
159 votes
No, more
7%
64 votes
No, less
33%
289 votes
I don't save anything
29%
256 votes
Other (please specify)
1%
5 votes
Not Applicable
13%
114 votes
Other Answers Percentage Votes
not sure 0.26% 2
I don't keep track of the amount but I do save some of every pension payment. 0.13% 1
retraite 0.13% 1
I am retired with ample savings. I no longer need to put savings away. 0.13% 1
3.
3.
According to the survey, 51 percent say that even with a reasonable salary, making ends meet remains difficult. Do you agree with this sentiment?
Yes
63%
558 votes
No
11%
95 votes
Undecided
15%
135 votes
Not Applicable
11%
99 votes
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