Let’s hear it for lighter debt burdens: They may be one reason the economy and stock market are still chugging along. On the surface, the current setup is about as good as one might hope for. The S&P ...
Total U.S. household debt now stands at a historic high of $18.8 trillion, according to government data as of the first quarter. While that sounds staggering and the absolute dollar amount is breaking ...
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MNP Consumer Debt Index: Canadians Caught in the ‘Pre-Spent Paycheque’ Cycle as Financial Pressures Drive ‘Lifestyle Shrinkflation’
Three in five (61%) say at least half of their income is already committed to bills, debt payments and regular expenses before it arrives, while one-third (32%) say most of their paycheque is already ...
A growing number of Canadians are beginning each pay period with much of their income already committed to bills, debt payments and regular expenses, according to the latest MNP Consumer Debt Index, ...
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