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= MONEY MATTERS HALF OF CANADIANS PLAN T0 MAKE CUTBACKS THIS HOLIDAY SEASON: PAYPAL CANADA SURVEY The IFP - Halton Hills | Thursday, December 8, 2022 | theifp.ca SANTIAGO ARIAS OROZCO sariasorozco@thestar.ca The holiday season is around the corner and as the cost of living continues to soar, a new survey finds a majority of Canadians are worried about spend- A PayPal Canada sur- vey found nearly seven in 10 Canadians would be too embarrassed to ask for fi- nancial ee to split holi- epal Canada's 2022 Holiday Snapshot Survey polled 2,000 Canadians on their festive season spend- ‘The survey found 73 per cent of Canadians will avoid splurging on unnec- essary presents, and in- stead will save up for the perfect gift for their loved oo stittin the road or oan aplane for a holi- day journey will also be limited this season, as only 36 per Canadian: plan to do so this year, found the survey. Holiday festivities will count fewer guests, while greements on spending caps will be added to tothe j in- vitation requirements. Three in 10 hosts will ask attendees to fill the dinner table by bringing dishes. The top. reason people ask for help from friends and fami- ly for holiday spending is because 66 per centfeel oth- to split the cost of gifts, with two in five respondents of- fering to chip to split holi- day costs, with their par- grandparents, one ria feel would be too proud to ask for help. Pal Canada says bill- splitting with family and friends is happening on- line, and found one in three Canadians polled or 35 per cent say they plan to split OUTSTANDING SERVICE QUALITY PRODUCTS & CERTIFIED INSTALLATION WITH OUR GREAT SELECTION OF Hardwood, Carpet, Tile, Vinyl, Laminate, Area Rugs & More! We guarantee™ you'll love the results. CALL US FOR YOUR FREE ESTIMATE Thank you for the Readers Choice Awards! SSS Richard Lautens/Toronto Star Anew survey finds that while most Canadians are anxious about holiday season spending, a large number polled admitted they are too embarrassed to ask for financial help. costs using banking apps. ing concerns during the Canadian respondents "Canadians are feeling holidays," said PayPal (57%) feel anxious that the the squeeze with high infla- Malini Mi- holidays won't be as good tion and runaway interest — tra. this year due to the cost-of- rates which adds to spend- “Nearly three out of five __ living crisis.” 26 Guelph St, Downtown Georgetown * 905-877-9896 Locally owned & operated by neighbours you’ve known & trusted for over 45 years! | ba carpetone.com CARPET BARN@ CARPET ONE * See store for details