Toronto is one of the most expensive areas to reside in. As a result, Toronto has a higher level of poverty than most other cities in Ontario. The reasons for this are that people have: poor spending habits, a higher cost of living, and finally unaffordable expenses. Knowing how and what to spend your money on is a key factor. Essentially, this becomes the primary reason whether or not you may be well off or poor. Also, this contributes to poverty since the vast majority of people within the city worry about having luxuries over the necessities needed for a better quality of life. For instance, buying food and clothing should be prioritized over buying an expensive watch or new car. A solution to either recover or avoid this scenario altogether,
