50, 30, 20 hut hut hut. This week we tackle the growing trend of set it and forget it percentage based budgets and how many of these American creations are leading Canadians astray. Find out whether these good ideas are based in reality and are actually feasible for the average Canadian.

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Useful Resources:

Stats Canada, Survey of Household Spending, 2019: https://www150.statcan.gc.ca/n1/daily-quotidien/210122/dq210122b-eng.htm

Stats Canada, How Canadians spent their money in 2019 infographic: https://www150.statcan.gc.ca/n1/pub/11-627-m/11-627-m2021006-eng.htm

BC Gov Economic Statistics: https://www2.gov.bc.ca/gov/content/data/statistics/economy/other-economic-statistics

Why Popular Budgets Don’t Work