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Life Audit: How Much Monthly ‘Fun Money’ Should You Budget for Yourself?

So you’ve done your research and know how much money you should be earning – but do you know how much of that hard-earned cash you should be spending on rent? Groceries? Transit? We consulted StatCan’s household expenditures report to see what the average Canadian household spends their money on. We give you a percentage, as well as a hard number (based on the average salary in Canada, which is $51,000). Brace yourself. (We’re spending much more money on restaurants and housing, too).

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