She’s left with $9 for food after covering monthly expenses with full-time salary  

Stephanie Finlayson, a 42-year-old resident of Woodstock, Ontario, shared her financial struggles in a poignant video posted on TikTok. In the video, she tearfully revealed that, after covering her fixed monthly expenses of $2,701, she was left with just $9 for food each month. 

Her rent for a one-bedroom house consumed a significant portion of her income, and the rising cost of living left her with virtually no disposable income. The video resonated with many, garnering over 9,100 shares, 64,000 likes, and nearly 18,000 comments.

Stephanie Finlayson

Despite holding a decent job in customer service and logistics support, paying $21 per hour, Stephanie faced increasing financial challenges due to the soaring costs of everyday essentials, further straining her budget.

Since the video was posted, her employment with the heating, ventilation, and air conditioning company came to an end, and she is now waiting for employment insurance benefits while seeking a new job in the insurance industry. She continues to grapple with the need for costly repairs to her aging vehicle and worries about meeting her upcoming rent.

Stephanie’s story highlights the growing struggles of working Canadians with modest incomes who are increasingly unable to keep up with the rising cost of living. 

She emphasized the urgent need for support and understanding from politicians to bridge the widening gap between wages and living expenses, as this imbalance not only affects individuals’ mental health but also weakens the country’s economic stability. 

Her video serves as a powerful testament to the financial hardships faced by many Canadians who often suffer in silence.

Source: CIBC News

Related: Report Shows that Almost 7 Million Canadians are Struggling to Put Food on the Table

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