These suggestions are based on your situation and what you have entered in your budget. In the next steps section, the tool gives you personalized suggestions. It’s valuable to compare your financial habits with people with similar age, income, housing and family situation. You’ll see a graphic that shows you how your budget compares to those of other Canadians in similar situations. Review your results graphics, they give you a clear visual of your overall budget. Everyone’s situation is different and while the guidelines can’t apply to everybody, they provide a good starting point. These alerts will help you determine where you should focus your attention or try to reduce costs. red hand sign: this amount is above the average range.yellow warning sign: this amount is slightly above the average range.green thumbs up: this amount is within the average range.Look at the different alerts you receive for each category: These guidelines tell you what Canadians usually spend or save for each budget category, for example, food, housing, clothing, insurance. The results section provides you with average guidelines. When you’re done creating your budget, save it online so you can return to it anywhere, at any time. Consider those tips to balance your budget. These items should represent your current situation.Īs you’re entering data, the tool will give you tips to help you save more and/or spend less. ![]() When you're done, review the amounts to make sure you didn’t forget anything.
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