Paycheque to Paycheque

Paycheque to Paycheque

Almost 60% of Canadians live paycheque to paycheque; yes you read that correctly.  

I was shocked at this statistic.  

                                      Money

I did a 'quick calculation' of my own finances, and I realized that I am 'almost' one of the 60% mentioned above.  

This is not good. 

Are you as well?

This is 'troubling' for high percentage of Canadians and Americans, and the remainder of the world.  

Also, I should state that this figure is the same as the year before amounts; therefore not much has improved to date for most citizens.  

What is the 'safe' amount to have saved for any unforeseen emergency?

It is recommended that we should have 'three months' salary put aside.  

Therefore, my recommendation to 'myself' and 'you' is that from this date on forward; put 10% of your wages in another bank account, or hide it in your home, to accumulate the three months figure.  

                                                     Save
 

Is this doable?

Check back with me in three months, and I will let you know if I have been able to consistently save a 'small' portion of my wages. 

Thank you for reading.  

Ben here

Telus Call Centre

Telus Call Centre

I sent the below comment to Telus as I am wanting jobs to stay in our country of Canada. 

          Telus emblem

Comment:

"""I do not like dealing with your representatives that are outside of Canada, Telus is giving jobs away and this is not good.  Your comment would be, 'we are trying to pay less for payroll, and in return we pass the savings onto our customers' but we as customers still pay for high or higher mobility prices when compared to others.  But the topic of Prices is another topic.   Please keep the jobs in Canada; I always ask to speak with someone in Canada.  I am an immigrant, who is now a proud Canadian to this country and I value and know what it means to work in this country.   Again, stop sending jobs elsewhere.  Thank you"""

What do you think? Let me know if I missed something.  

Cheers,

Ben