People in Saskatchewan embraced the Christmas spirit more fully than any of their fellow Canadian citizens.
That’s the finding of a survey conducted by RBC Royal Bank asking if people spent more than they had planned last Christmas. Turns out people in Saskatchewan topped the list when answering that question in the affirmative. Almost half of us went over budget — and we went big while we were at it.
The average over-spend in the country was $580. We sat at $727. That’s roughly 25 per cent higher than the norm.
But it appears we are also in the best position to handle this generosity splurge. When asked how much the over-expenditure would hurt or how long it would take to pay off — we were in a better position than anyone to cover the bill.
And it was Fido that was the big reason. It turns out that pet toys were responsible for the biggest over-expenditure. Toys for our kids was also a big one and we plan to cover the unbudgeted expenses by cutting back on our entertainment spending for the first few months of this year.