Many Canadians want to improve their current financial standing but are unwilling to make sacrifices in order to do so. A new report from mortgage lender BMO shows that 88 per cent would like to improve personal finances but more than a quarter don’t know where to start. Although 38 per cent admit that they have bad spending or saving habits almost a third (31 per cent) are unwilling to give up things they enjoy to change their finances. More than a third say they regret past financial decisions. Christine Canning the head of everyday banking commented: "Without healthy routines it's easy for people to develop a negative relationship with their financial situation, but that doesn't mean there aren't ways to change things for the better. Start by taking small, deliberate steps to reverse bad spending or savings habits to begin building positive momentum. Then, put strategies in place to help you stick to the program."

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