An Ipsos Reid poll done for RBC Financial suggests many Canadians are letting their saving habits slide.

The poll found one-third of the people who responded said they were saving less than they have in the past, with only one-in-five saying they were putting more away for a rainy day.

The poll suggests residents of Ontario and British Columbia top the list of those saving less, while 70 per cent of Canadians find reaching a savings goal one of their biggest challenges.

On the other hand, Sun Life Financial says its research found Canadians are changing their spending habits.

A phone survey of about 1,200 people done for Sun Life found that 60 per cent said they had reduced their debt, with 59 per cent saying they spent less since January.

What are you doing – are you spending more or less than you were at this time last year? Leave ILSTV a comment or call our comment line at 1-877-703-2713 to let us know.