While Quebecers are more focused on improving their physical health than their financial health in 2014, the numbers are improving for the latter.
A CROP poll conducted for Laurentian Bank of Canada finds that 26% of Quebec residents plan to take better care of their finances this year compared with just 11% in 2013.
“The population’s growing interest in personal finances is very encouraging,” says Guylaine Dufresne, senior manager, investment, with the bank. “Just as they are focusing on their physical state, Quebecers must also take their financial health into account if they want to reach their golden years in a sound physical and financial state.”
Respondents chose three resolutions ahead of improving personal finances: 46% wish to engage in more exercise, 34% want to eat better, and 27% plan to take more time for themselves.
Among the respondents who made it their resolution for 2013 to better manage their finances, 75% indicated that they kept that pledge throughout the course of the year.
However, the survey found that 25% did not succeed in fulfilling their resolution. These respondents expressed that having greater willpower (29%), establishing a budget (28%) and developing a financial plan (19%) would have helped them achieve their objective.
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