Tuesday, January 17, 2006
Average Cdn Spends $760 in Pocket Cash a Month
The Globe and Mail, 17 January 2006The average Canadian spends $100 on discretionary items every four days, while nearly one person in four can't even make it last 48 hours, a survey released yesterday by Mackenzie Investments suggests.The survey found that the average Canadian's "burn rate," or how quickly discretionary money is spent, totals about $760 a month.With the Canadian personal savings
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