Remember those headlines over the last few years – that many Canadians are $200 away from not being able to cover their monthly bills? When reflecting on the new ‘economy’ created by the COVID pandemic – where we’re largely isolated indoors – that headline is hard to forget.
Now that we’re more than a month into the national isolation program, we are going to be finding out just how accurate those forecasts were.
For many, the support being offered by Ottawa through EI or one of the new programs will likely be less than their regular paycheck. So, for those who are in the 48-percent with little to no cushion for unexpected bills, this will be a challenging time.
And perhaps the perfect time for someone to deliver virtual classes on: how to balance a check book, how to make a budget and how to live within your means. Many of us have the time to learn.