BMO Offers Tips On How To Avoid Hitting Your Personal Debt Ceiling

- More than one quarter of Canadians living paycheque to paycheque

(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 07/26/11 -- The August 2nd deadline is looming for the United States to come up with an agreement for raising the $14.3-trillion debt ceiling. The outcome has wide ranging consequences with the potential to have a significant impact on the global economy and stock markets.

While putting its financial house in order is a top priority for administrations, it should also be top of mind for consumers and their financial affairs.

Case in point - a BMO survey reveals that one in three Canadians are living at or beyond their means, with 27 per cent living paycheque to paycheque - a 10 per cent increase over last year.

BMO Bank of Montreal offers the top 5 tips to avoid hitting your personal debt ceiling:

For more information, please visit .



Contacts:
Media Contacts:
Matthew Duffin, Toronto
416-867-3996


Sarah Bensadoun, Montreal
514-877-8224


Laurie Grant, Vancouver
604-665-7596

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Bereitgestellt von Benutzer: MARKET WIRE
Datum: 26.07.2011 - 17:54 Uhr
Sprache: Deutsch
News-ID 37967
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TORONTO, ONTARIO

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Commercial & Investment Banking

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