Choosing the Right Savings Account
In some homes it’s considered rude to talk about money. And, perhaps, that’s why we’re in the state we’re in. To some of us, the mere mention of “savings” conjures up cold sweats and waves of panic. We all know that we should be saving more, but very few of us are. Why is that? Are we so disconnected from our finances that we don’t know how they work anymore? Well it’s time to reconnect with our money instead of avoiding it like the plague. The first step? Here’s a beginners guide to choosing the right savings account for you. READ MORE
Your Savings Options
Not all savings accounts are created equal. Some offer you unlimited access to your money in exchange for a monthly fee, while others charge you nothing provided you leave your money where you put it. The type of account you choose really depends on you. READ MORE
How Much Should I be Saving?
No matter how much you’re setting aside, I guarantee you still don’t think it’s enough. And it probably isn’t – at least, not for your liking. Truth is if you thought you were on the right track, you wouldn’t be here. There is no set amount you should be putting away, but here’s a cool formula (based on your income after taxes) to get you started. READ MORE
How to Get Started Saving
We all know that saving money is important, but not all of us know how and where to start. Since there are so many different savings options to choose from, you’ll want to compare some of the more common features of each first. Before choosing your savings account… READ MORE
How to Open Different Types of Savings Accounts
Good for you! You’ve made the smart decision to open a new savings account. You have a budget and a plan. All you need to do is open the account, which is, no doubt, the easiest part of the journey. Once you make that first deposit, the exciting part is watching your money grow. Most banks require 2 pieces of identification in order to open an account. One of those pieces must be photo ID. READ MORE
How to Retire Rich
The average age people in Canada retire is 63. Some retire later because they can’t imagine life without work, while others continue working only because they have to. When do you want to retire? How are you going to make sure you stop working when you want to? If you want to start a retirement plan or revamp your current plan, here’s a few options that will help you get the best bang for your buck in the years to come. READ MORE
What Should you be Saving for?
Let’s be honest; most of us don’t start saving for something until we really want it – by then most of us wish we started saving a heck of a lot earlier. When we’re younger we save for smaller, more attainable things, like CDs, concert tickets and new clothes. As we mature, we start looking at the bigger picture. There are many reasons why you might want to start saving some money. READ MORE
What is a Financial Planner
Financial planning – it sounds dead easy, right? So why would you pay someone to plan for you when you can do it yourself? Besides, isn’t the money you’d spend on a financial planner better off in the bank with all of your other… ahem – savings? Think financial planning is easy, but don’t have the funds to prove it? Listen up. READ MORE
Practical Savings Tips
Although some of us are better savers than others, most of us could still use a little help. As we grow and mature, so do our financial needs. It goes without saying then, that our savings plans should change with us. Check out these practical savings tips for people of all ages and all stages of growth. READ MORE
Our First Time HomeBuyer's Guide is a series of 14 daily emails that will take you through each step of this exciting process. Think of it like a two week boot camp to get you into shape for buying your first home.
