Part 3/10:
Even as individuals find themselves managing a budget of around $1,800 after rent, the expenditures appear staggering compared to median income levels; in 2021, Canadians spent over $90,000 on average, leaving many perplexed about how this aligns with their earnings. Data indicates that while the top 40% of earners can save money, the bottom 60% typically find themselves spending more than they earn, exacerbating the challenge of achieving financial stability.