…fees do you pay with a savings account? What is a savings account? Savings accounts are bank accounts that are there for just that — saving money. Your chequing account…
Here’s what we found on "Saving Money"
Saving versus investing
…to put aside savings: Meet your short-term goals Build an emergency fund Start a habit of putting money aside Savings accounts keep your money accessible while it grows Your savings…
How setting goals can help you save
Saving is about setting aside money for the future. But it’s just as important to know what you’re saving the money for. That’s why it’s a good idea to have…
5 conversation starters to build better money habits
…good to learn from those around you. You might also find that talking about saving money can lead to other money conversations. For example, discussing the financial goals you’re saving…
How RESPs work
…savings plan (RESP) is a savings plan. It’s designed to help you save for post-secondary educational programs. Like tax-free savings accounts (TFSAs), RESPs can be used to hold savings deposits…
Saving or investing for short-term goals
…invest It’s true that a basic savings account can be used for many kinds of savings goals or even just to put money aside for a rainy day. However, there…
Financial steps for getting ready for retirement
…estimate. Where can you save money for retirement? You can save money in many different places, preferably not your mattress. Three savings plans are commonly used in Canada for retirement…
How to manage money as a couple
…shared emergency savings account Long-term goals: Growing your family Saving for a down payment on a home Putting away money for higher education for your children (Registered Education Savings Plan…
What is an RRSP and how does it work
…is an RRSP? A Registered Retirement Savings Plan (RRSP) is a kind of savings plan designed to help you save for retirement. Along with saving for retirement, RRSPs have special…
Saving for a down payment
…money held in a TFSA grows tax-free while it is in the account. And you can grow your money through savings deposits or investments. Learn more about TFSAs. When saving…