Experts weigh in on how to budget as businesses and services resume

Global News published this video item, entitled “Experts weigh in on how to budget as businesses and services resume” – below is their description.

The pandemic has had an uneven impact on household finances, but even though many are hurting financially, the majority of families are emerging in better financial shape.

Statistics Canada says the country is sitting on more than $200 billion of savings and Equifax Canada, a consumer reporting agency, says credit scores are up.

Experts are recommending that people maintain the amount of savings they accumulated during the pandemic as much as they can to stay in a good financial position as the economy reopens. Anne Gaviola reports.

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