Comments on: The Spending Habits of Canadians http://www.canadiancapitalist.com/the-spending-habits-of-canadians/ Helping you invest and prosper Sat, 11 Feb 2012 19:27:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Canadian Capitalist http://www.canadiancapitalist.com/the-spending-habits-of-canadians/#comment-396 Canadian Capitalist Sun, 18 Dec 2005 17:39:33 +0000 http://www.canadiancapitalist.com/?p=309#comment-396 Yeah. So, should games of chance :) Yeah. So, should games of chance :)

]]> By: Stephan http://www.canadiancapitalist.com/the-spending-habits-of-canadians/#comment-395 Stephan Sun, 18 Dec 2005 07:23:20 +0000 http://www.canadiancapitalist.com/?p=309#comment-395 Sorry, I was going for a bit of levity but I obviously failed :-( Wouldn't booze & smokes come under "recreation"? uh oh there I go again. Sorry, I was going for a bit of levity but I obviously failed :-(

Wouldn’t booze & smokes come under “recreation”? uh oh there I go again.

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/the-spending-habits-of-canadians/#comment-394 Canadian Capitalist Sat, 17 Dec 2005 15:55:16 +0000 http://www.canadiancapitalist.com/?p=309#comment-394 Stephan: There is a laundry list of expenses that make up the rest of the expenses: Household furnishings and equipment, Healthcare, gifts, tobacco and alcohol, education, misc., personal care etc. Petey: The breakdown is the % of the average household expenses of $63,640. Sadly, the average Canadian savings rate is negative and the median contribution is only $2600. Stephan: There is a laundry list of expenses that make up the rest of the expenses: Household furnishings and equipment, Healthcare, gifts, tobacco and alcohol, education, misc., personal care etc.

Petey: The breakdown is the % of the average household expenses of $63,640. Sadly, the average Canadian savings rate is negative and the median contribution is only $2600.

]]> By: petey pablo http://www.canadiancapitalist.com/the-spending-habits-of-canadians/#comment-393 petey pablo Sat, 17 Dec 2005 14:53:00 +0000 http://www.canadiancapitalist.com/?p=309#comment-393 the other 16.5% goes towards savings I would imagine. I think that's a reasonable amount to save a year. the other 16.5% goes towards savings I would imagine. I think that’s a reasonable amount to save a year.

]]> By: Stephan http://www.canadiancapitalist.com/the-spending-habits-of-canadians/#comment-392 Stephan Sat, 17 Dec 2005 06:45:05 +0000 http://www.canadiancapitalist.com/?p=309#comment-392 I am curious to know where the other 16.5% is going :-) I am curious to know where the other 16.5% is going :-)

]]> By: petey pablo http://www.canadiancapitalist.com/the-spending-habits-of-canadians/#comment-391 petey pablo Sat, 17 Dec 2005 05:38:10 +0000 http://www.canadiancapitalist.com/?p=309#comment-391 ok same into the alcohol and tobacco is just down right scary. I did the math, that works out to be a LOT of alcohol or a very small contribution to their RRSP... or BOTH! :o ok same into the alcohol and tobacco is just down right scary.

I did the math, that works out to be a LOT of alcohol or a very small contribution to their RRSP… or BOTH! :o

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/the-spending-habits-of-canadians/#comment-390 Canadian Capitalist Sat, 17 Dec 2005 04:48:16 +0000 http://www.canadiancapitalist.com/?p=309#comment-390 Petey: That's a good thing! :) What surprised me is that Canadians on average seem to spend more or less the same on RRSP contributions and Tobacco and alcohol. Petey: That’s a good thing! :)

What surprised me is that Canadians on average seem to spend more or less the same on RRSP contributions and Tobacco and alcohol.

]]> By: petey pablo http://www.canadiancapitalist.com/the-spending-habits-of-canadians/#comment-389 petey pablo Sat, 17 Dec 2005 02:11:10 +0000 http://www.canadiancapitalist.com/?p=309#comment-389 i might be in trouble. Here's mine: personal taxes - 22.8% shelter - 18.7% transportation - 7.7% food - 7.5% recreation - 5% Insurance and RRSPs - 12.5% Household operation - 6.6% Clothing - 2% I think I'm contributing way too much to my RRSP. i might be in trouble.
Here’s mine:
personal taxes – 22.8%
shelter – 18.7%
transportation – 7.7%
food – 7.5%
recreation – 5%
Insurance and RRSPs – 12.5%
Household operation – 6.6%
Clothing – 2%

I think I’m contributing way too much to my RRSP.

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