In the latest installment of On the Brink, 34-year-old Cheyenne Allen says her family is feeling the pressure of rising costs despite earning nearly $150,000 a year. With another baby on the way and daycare costs piling up, Allen says, “Soon, my paycheck might only cover daycare.” From soaring food prices to fears about their mortgage renewal, she says the cost of living is pushing their dual-income household to the financial edge.
Canada
‘My paycheck might only cover daycare’: Ontario family struggles as cost of living climbs
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