It's Personal Finance Canada

Why Popular Budgets Don’t Work


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50, 30, 20 hut hut hut. This week we tackle the growing trend of set it and forget it percentage based budgets and how many of these American creations are leading Canadians astray. Find out whether these good ideas are based in reality and are actually feasible for the average Canadian.


If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com 


Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada


Useful Resources:


Stats Canada, Survey of Household Spending, 2019: https://www150.statcan.gc.ca/n1/daily-quotidien/210122/dq210122b-eng.htm


Stats Canada, How Canadians spent their money in 2019 infographic: https://www150.statcan.gc.ca/n1/pub/11-627-m/11-627-m2021006-eng.htm


BC Gov Economic Statistics: https://www2.gov.bc.ca/gov/content/data/statistics/economy/other-economic-statistics

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It's Personal Finance CanadaBy Christine Conway, Cameron Conway

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