Ten frugal habits to save money
Author: Money Mentors
Topic: Asset building and saving, Financial behaviour/decisions
Publisher: Money Mentors
Location: Alberta, Canada
Format: Article
Content Type: Miscellaneous
Publication Date: September 6, 2022

The Angus Reid institute reported from a recent study that 50% of Canadians couldn’t manage an unexpected expense of $1000 or more. In the same study, when Albertans were asked what they would do with a surprise bonus or gift of $5000, 46% said they would use it to pay down debt. Only 41% said they would put it in savings or invest it. With inflation as high as it has been in over 40 years, saving money is becoming increasingly difficult for some. This article lists ten frugal habits to help you save.

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