North Americans are facing serious financial challenges. In Canada, 35% of Canadians do not have any savings or investments. In the U.S., 33% of Americans don’t pay their bills on time.
It’s ironic that we live in one of the wealthiest countries in the world, but we always have money problems. We can work hard all our lives but retire poor. We don’t have much, and we don’t know much. Nobody teaches us how to manage our money in school. Financial issues are not often discussed and financial products not always explained.