‘Many are feeling rudderless when it comes to managing finances’
People in Canada spend an average of two hours per day worrying about their finances, with 18- to 35-year-olds worrying the most, finds a new survey from Scotiabank.
This age group worries about finances 2.4 hours a day, while those 55 and up worry an average of 1.4 hours a day and those 35 to 54 worry two hours a day, found the survey of 1,520 Canadians.
Households making under $50,000 per year are concerned about finances an average of 2.25 hours a day,. Those that make between $50,000 to $99,000 worry an average of 1.85 hours per day, compared just over an hour a day for those making $100,000 or more, respectively.