Canada’s wildfires this year + Gen-Xers’ use of credit cards

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Canada’s wildfires this year + Gen-Xers’ use of credit cards
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This year’s wildfire season, credit card use among different generations and the secret beach game played under pitch-black skies.

Good morning. This is the Tuesday, June 6 edition of First Up, the Star’s daily morning digest. Sign upHere’s the latest on this year’s wildfire season, credit card use among different generations and the secret beach game played under pitch-black skies.This year’s spring wildfire season has already seen 2,214 wildfires burn more than 3.3 million hectares of Canadian wildland.

According to a recent study of 1,000 Canadian adults, 76 per cent of Gen-Xers have used a credit card to pay for purchases like groceries and utilities over the past year. However, only 53 per cent of Gen-Z can say the same. Why? This younger cohort is much more likely to have a “debit-first” mindset to spending.“People are stretched,” one expert said, adding that the average level of credit card debt has been growing over the last six to 12 months.

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TorontoStar /  🏆 60. in CA

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