New research shows how inflation affects people\u0027s psyches, and it\u0027s making them feel like they\u0027ve lost control of their finances. Read more.
According to the Interac study, more than seven in 10 Canadians agreed that rising inflation has made it increasingly important to feel in control of their finances. At the same time, nearly half indicated pricing pressures have had a negative impact on their confidence in managing everyday finances.“Getting more out of life starts with feeling in control of your money,” Hill said. “Anxiety during these challenging circumstances is high and further complicated by uncertainty in markets.
Younger Canadians , lower-income households and women were more likely than other demographics to indicate they face financial barriers.
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