Money Statistics Canadian Financial Trends Saving Statistics - Canada Debt Statistics - Canada Gambling Statistics - Canada Lack of Teaching [U.S. - Barna.

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Presentation transcript:

Money Statistics Canadian Financial Trends Saving Statistics - Canada Debt Statistics - Canada Gambling Statistics - Canada Lack of Teaching [U.S. - Barna Research] Decline in Giving [U.S. - Barna Research]

Money Statistics Canadian Financial Trends Saving Statistics - Canada Savings rates lowest since Great Depression Half of all Canadians have less than $2500 in savings

Money Statistics Canadian Financial Trends Canadian Debt – [Statistics Canada] Canadians owe $628 billion in debt 90 million credit cards in circulation Money is #1 cause of marital conflict Bankruptcies have surpassed 100,000 annually 9.9% post-secondary students declare bankruptcy in the 1 st year after graduation totaling $109 million

Money Statistics Canadian Financial Trends Gambling – [Statistics Canada] 1999 revenue was $8.1 billion, up 200% in just 7 years 2003 revenue was $11.1 billion 77% of Canadians report at least one household member involved in gambling activity 5% of first time gamblers, even with bingo become chronic addicts

Money Statistics Canadian Financial Trends Lack of Teaching [U.S. – Barna Research]  90 – 95% of Christian education institutions, denominations and churches lack Biblical financial training curriculum and plans  85% of pastors feel ill equipped to teach on Biblical financial management

Money Statistics Canadian Financial Trends Decline in U.S. Giving [U.S. Barna Research]  26 year decline in giving to churches  Lower percentage of giving now than in 1933 – the depth of the great depression  3% of Christians tithe 10%  Average Christian gives 2.55 of their income to God’s work and almost 10% on debt interest  37% of regular attendees give nothing