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Category: Economy

Tariffs, Layoffs, and Recession: What You Can Do to Stay Financially Strong

Posted on March 23, 2025March 21, 2025 by budgetsense

Do we ever get a break? Just as talk of a recession started to subside, now we’re faced with worries about mass layoffs happening all around us. And if that wasn’t enough, here comes Trump with his inconsistent messaging and constant tariff threats. Can anyone blame us for feeling overwhelmed by all this chaos? But…

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Turning Inflation into Opportunity: A Personal Journey to Wealth and Health Amid Rising Prices

Posted on December 10, 2023December 7, 2023 by budgetsense

Was my app glitching when the price shown on the screen was just over $12? It wasn’t unfortunately, as a McDonald’s 10 chicken nuggets meal does indeed cost that much, effectively what two burger meals would have cost a few years ago. Or how about my shock when a chicken sandwich combo for my son…

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Feel Wealthy and Abundant while Watching your Money: The Power of Hope for Financial Wellness Amid Economic Uncertainty

Posted on July 16, 2023October 1, 2023 by budgetsense

Amidst the constant talk from the media about an impending recession, it is crucial to maintain a reality check and foster hope. More fear can potentially accelerate the occurrence of a recession. It’s essential to strike a balance between hope and financial vigilance.

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Could this be a significant reason why the economy is not rebounding in Canada?

Posted on August 12, 2014 by budgetsense

In the last 5 years or, house prices in Canada have gone up dramatically, especially in major cities like Toronto and  Vancouver. This got me thinking: could it be that so many people are saving for a down-payment , and as a result, they don’t spend this money on other things that would otherwise revive…

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