How Boxing Day Sales Can Impact Your Debt
BOXING DAY SALE!
These words in an email can make all the difference between clicking on that link or hitting “delete”. However, for Canadians in debt, these are words you may want to ignore.
Retailers use sales like Black Friday and Boxing Day to lure customers in, even when the deals aren’t so great. The problem is, a significant number of Canadians just cannot afford to add to their debt loads, even in the name of a great deal.
Our 2018 Affordability Index survey found that more than half of Canadians are living paycheque to paycheque, and nearly one-quarter are so overwhelmed by their debt they don’t know what to do.