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Podcast: Faytene TV
Episode: Planning (Financially) with Wisdom
Description: Before going into COVID-19 personal debt in Canada was at a high. In Sept. of 2020 CBC reported that the average Canadian owed over $73,000 in personal debt, up 2.2% from the year prior.1/3 of Canadians say that the stress of money management has increased because of the pandemic. 30% said that their income has decreased. 30% also reported that COVID-19 reduced the amount they were saving. 21% of pre-retired Canadians said that they now plan to retire later because of the pandemic.With potential uncertainty ahead, and a ballooning federal debt that could increase the tax burden on Canadians, now...