Many Canadians stuck in 'chaotic whirlwind of personal finance stress': Edward Jones

Recent survey data from Edward Jones Canada suggests that most Canadians are struggling with finances, and it’s impacting their quality of life.

In an online poll of over 1,500 Canadians last month, the financial services firm found that 88 per cent of respondents said personal finances are impacting their overall well-being, and more than half said they feel overwhelmed when it comes to making financial decisions.

“Canadians are stuck in a chaotic whirlwind of personal financial stress,” Edward Jones Canada said in a press release on the polling results.

Sixty-five per cent of respondents were concerned about saving for retirement and 63 per cent were concerned about preparing for an unexpected event, the poll found.