Atlantic Canadians caught in the ‘pre-spent paycheque’ cycle as financial pressures drive ‘Lifestyle Shrinkflation’ - NTV: Newfoundland and Labrador's Most Trusted News Source

Atlantic Canadians caught in the ‘pre-spent paycheque’ cycle as financial pressures drive ‘Lifestyle Shrinkflation’ - NTV: Newfoundland and Labrador's Most Trusted News Source

More than two-thirds (68%) say at least half of their income is already committed to bills, debt payments and regular expenses before it arrives, while two in five (42%) say most of their paycheque is already spoken for, both the highest proportions among regions. Two in five (41%) say they are struggling to get ahead, and the same proportion (41%) are cutting back on family and personal enrichment expenses, including personal care, clothing an…