Are You Actually Broke? 7 Signs You're Richer Than Most Canadians Your Age

Your chequing balance doesn’t tell the whole story. Savings, debt, home equity, forgotten pensions, and the time your money could cover your essentials all matter. In this video, I put my finances through seven practical tests using Canadian data. Follow along and keep your own score: emergency savings, credit card debt, housing costs, forgotten retirement money, net worth, saving part of every raise, and how long you could manage without a paycheque. Which sign surprised you most? Share your score out of seven in the comments. 00:00 Am I actually broke? 01:06 The seven signs 01:58 Sign #1: Can you handle a surprise bill? 03:31 Sign #2: Do you pay your credit card in full? 05:23 Sign #3: Is your housing affordable? 07:17 Sign #4: Find the retirement money you forgot 09:08 Sign #5: What’s your net worth? 11:05 Sign #6: Do you save part of every raise? 12:56 Sign #7: How long could your savings last? 14:40 My final score: 5 out of 7 14:52 What I changed this week 15:55 What’s your score? ⚠️ Disclaimer: The figures and characters in this video are illustrative. This video is for educational purposes only and is not financial advice. #PersonalFinance #CanadianFinance #FinancialLiteracy