More than half of Canadians $200 away or less from missing bill payments: MNP - eviltoast

Just over half of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month amid higher interest rates and inflation.

  • apprehensively_human@lemmy.ca
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    1 year ago

    The only reason I could afford the 5% down payment for the place I just bought was because I lucked into buying a cheap foreclosure years ago and sharing the down payment and title with a roommate. When we sold last year the amount we made back in equity was enough to put towards a cheap little old house of my own while still holding on to some for long term savings.

    Without that equity I would be stuck renting for the rest of my life.