BMO: Personal finance No. 2 on list of resolutions; health and fitness is No. 1
TORONTO, Ontario — Bank of Montreal says personal finance issues is the No. 2 topic for Canadians who are making New Year resolutions for 2014.
It says only health and fitness is a higher priority among Canadians who are making New Years resolutions this year.
Of those, 36 per cent resolved to become financially fit — compared with 51 per cent focused on their physical health and fitness.
BMO says the survey found that 59 per cent of the respondents had a financial plan, and 82 per cent of them believed it helped.
For those without a financial plan, the top reason given (37 per cent) was lack of enough money.
BMO’s study is based on a Polaris online survey of 1,010 Canadians aged 18 years and over, conducted between Nov. 21 and 25.