How Canadians Spend Their Money

How does your budget stack up to the average Canadian family?

Your spending habits play a huge role in your overall financial health and it’s important to make sure that you are using a balanced budget and that you are living within your means. Over-spending on regular monthly expenses will have an effect on your ability to save and pay down debt.

If you’re having trouble striking the proper balance in your monthly household budget, Consolidated Credit can help. Call a trained credit counsellor at . They’ll analyze your budget and give you expert advice on the best financial move you can make. If you’d rather do it online, you can try out our Free Budget Anaylsis.

What the average Canadian family spends

How Canadians spend their money

Food 10%
Shelter 21%
Household Operation 5%
Clothing 5%
Transport 15%
Recreation 5%
Healthcare 3%
Education 2%
Tobacco and Alcohol 2%
Income Tax 17%
Insurance and Pension 6%

How does your spending compare?

If you find yourself spending above-average amounts of money in certain areas, it may be a sign that you need to adjust your spending habits in order to avoid getting into debt. For example, if you’re spending more than the Canadian average amount on food (10%), try cutting back on restaurants and take a closer look at how you can save money on your grocery bill.

If you’re having trouble making budgetary adjustments, or you are worried that you are carrying too much debt, call our trained credit counsellors at and they’ll take a look at your situation and give expert advice on your best course of action. You also do this online, by trying our Free Debt Analysis.

Consolidated Credit Counseling Services of Canada, Inc has been verified as the owner or operator of the Web site located at Official records confirm Consolidated Credit Counseling Services of Canada, Inc as a valid business. Call us today and see what we can do for you.

We are a proud member of the Canadian Association of Credit Counselling Services (CACCS), the national voice for not-for-profit credit counselling services. As a CACCS member, you can trust that our trained credit counsellors strive to provide the best in professional, independent and unbiased personal finance services. We’ve helped hundreds of thousands of Canadians find relief from debt. Call us today to find out if we can help you.

Consolidated Credit Counseling of Canada is proud to be a member and support the Toronto Board of Trade. Founded in 1845, the Toronto Board of Trade is Canada’s largest local chamber of commerce. We share their vision, passion and commitment to serving the community and to foster economic and social welfare of the City of Toronto. Call us today and see what we can do for you.

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Consolidated Credit Counseling Services of Canada is accredited by the Canadian Centre for Accreditation – a national organization responsible for ensuring excellence in community service. We meet CCA’s high standards of service and accountability. Give us a call today and find out what we can do for you.

We are proud members of the Ontario Association of Credit Counseling Services (OACCS). OACCS sets the standard of required expertise for the financial counseling industry and the only organization to offer the exclusive professional designation of Accredited Financial Counsellor Canada (AFCC). With over 500,000 people helped, you can be assured that we can find the right solution for you. Call us today.

Time tested and customer trusted. Consolidated Credit Counseling Services of Canada, Inc has been a BBB Accredited Business since 2008 and has a current A+ rating. Call us today and see what we can do for you.

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AFCC (Accredited Financial Counsellor Canada)

AFCC (Accredited Financial Counsellor Canada) is a distinguished professional designation, indicating that a counsellor has successfully completed the program and has specialized knowledge, unique skills and expertise as a qualified Credit Counsellor.

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