Millennial women were the most to overspend in Canada during the holidays: poll

Survey says only 58 per cent of people in B.C. vowed to spend less in 2017

Millennial women are likely tightening their purse strings after a lavish holiday season, a new RBC poll released Tuesday suggests.

About half of shoppers across Canada spent too much money while shopping for gifts in December, the survey says. That’s up 10 percentage points, from 41 per cent last year.

Women between the ages of 18 and 34 years old overspent the most, while men over 55 spent the least.

Slight more than half of B.C. residents used cash or debit for their holiday shopping, while 39 per cent financed it via credit. They spent the most of their bundles on electronics, followed by toys, home decor and then music, books and movies.

In the same breath, just under half of those responding to the survey in B.C. said they plan to cut back on entertainment, while 38 per cent wanted to cut down on lunch and coffee and another third want to spend less on day-to-day expenses.

What about the savvier shoppers who aren’t feeling the pinch this month? Just under half of them didn’t want the debt, while one-quarter budgeted and tracked their spending.

Not everyone has learned their lesson however – 42 per cent of B.C. shoppers won’t do anything differently in 2017.


Canadians vow to spend less onCreate column charts

Just Posted

Painful Truth: The best bad ideas for next year’s columns

To provoke discussion, you have to first provoke.

Langley realtor uses Monopoly tournament to add to refugee group’s community chest

A fundraising tournament could be the start of an annual tradition.

Hankering for a piece of Star Wars?

A massive Star Wars memorabilia collection is going on the auction block in Langley.

Supreme Court of Canada rules in human-rights case involving Langley firm

The case involved two people working for separate contractors on a Delta road project.

Langley Rotarians work for clinics in Kenya

Local Rotary Clubs are asking locals to think of others at Christmastime.

VIDEO: Recovering addict shares art and story to motivate others

A Langley City man spends time each day painting in McBurney Plaza.

Accused B.C. drug smuggler to be extradited

Supreme Court of Canada upholds extradition order for accused Shuswap drug smuggler, Colin Martin

One convicted, two cleared in 2014 deaths of men in B.C.’s Cariboo

Andrew Jongbloets convicted of manslaughter in deaths of Matthew Hennigar, 23 and Kalvin Andy, 22

VIDEO: Pedestrian struck by vehicle caught on security camera

Incident points to danger on the roads not only in low light but also in bright sunshine

Firefighter dies, thousands more take on California blaze

This is second death linked to the Thomas fire, northwest of Los Angeles

Moose calves rescued in northern B.C. are ‘golden nuggets:’ researcher

Calves discovered near Prince George in late May. Mother had been killed by a car

Missing Alberta man could be headed to Victoria

Police in Alberta say Vernon “Allan” Pickard has not been heard from since late November

Cineplex charges extra at some Star Wars screenings

Fans are getting a surprise twist at the box office with extra $1 charges for assigned seating

Toddler sent to hospital following dog bite at Vancouver Island daycare

Malamute/husky cross involved in incident at 1200-block of Burnside Rd. West

Most Read