Tag Archives: bmo

Playing the Lottery

In a recent poll commissioned by the Bank of Montreal, 34% of Canadians say they are planning to fund their retirement by winning the lottery. That has to be the most optimistic retirement plan I’ve ever heard of 😆 Most personal finance experts will probably tell you that buying lottery tickets is a waste of money and isn’t… Read More »

Expensive Impulse Shopping

According to a Bank of Montreal study, impulse shopping cost Canadians $3,720 a year. These can be any kind of purchases like clothes, knickknacks, or food. That amounts to $310 a month being spent on items that are wanted, but not needed. More than half of the people surveyed actually bought something they might not need because it was simply on sale. For… Read More »