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Personal Finance for the Future

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  The need for some kind of financial planning is clearly overlooked by many and the growing concerns in Canada. In a recent report from TransUnion suggests over 56% of Canadians were reported to be ‘very concerned’ about the rising inflation rate and associated impacts in their Consumer Pulse study. In another recent report (MNP Consumer Debt Index) almost 50% of Canadians have concerns about their ability to pay their bills and overall confidence makes about half of Canadians now financially insecure as their debt confidence has hit a record low. Source: Office of the Superintendent of Bankruptcy Canada