Starting a Savings Plan

Starting a Savings Plan

Having a savings plan and growing your savings are key to reaching your goals.

Expert’s Corner

 

Just Do It: The Case for Tax-Free Investing: PDF document (200 KB)

Whether you choose an RRSP or TFSA, most Canadians would be well served by simply making a contribution to either plan.

Videos

Starting a Savings Plan

Starting a Savings Plan

Jamie Golombek offers tips on starting a savings plan

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Saving for the Unexpected

Saving for the Unexpected

Jamie Golombek discusses the importance of having an emergency fund

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Articles

A Simple Way to Save

Consolidating your bills and debts will help you regain control of your money and save you a bundle at the same time

Learn more: A simple way to save

Build a Successful Savings Plan

Financial priorities change over time, but a good savings plan lasts a lifetime. These five tips will keep you on track

Learn more: Build a successful savings plan

Fundamental Savings Guidelines

Set up a savings strategy that works for you and your family

Learn more: Fundamental Savings Guidelines

Are You Using a TFSA to Full Advantage?

Many Canadians are under-utilizing their Tax-Free Savings Accounts — learn how to maximize your TFSA as part of your savings plan.

Learn more: Are You Using a TFSA to Full Advantage?

The Confidence to Live Your Dreams

With the right plan, you can have the lifestyle you want today while ensuring security down the road.

Learn more: The confidence to live your dreams

10 Tips for Saving Money

Trimming expenses doesn’t have to affect your quality of life.

Learn more: 10 tips for saving money

Do You Have Savings For a Rainy Day?

A rainy day or an emergency savings fund is a safety net that protects you when an unexpected event affects your household’s cash flow.

Learn more: Do you have savings for a rainy day?

Boost Your Savings with a Regular Investment Plan

With compound growth, dollar-cost averaging and potential tax savings, a regular investment plan is a powerful strategy.

Learn more: Boost your savings with a regular investment plan

Saving for Retirement: Registered vs Non-Registered Investments

As only 50% of capital gains are considered taxable income, some financial planners question the value of RRSPs and suggest that Canadians save for their retirement with non-registered investments.

Learn more: Saving for retirement — registered vs non-registered

Take Advantage of the CESG

To help modest-income families better save for their children’s post-secondary education, federal and provincial governments have several programs available.

Learn more: Take advantage of the canada education savings grant (CESG)

Should You Contribute to Your TFSA or Your RRSP?

Both are valuable, but in certain circumstances, one may be better than the other.

Learn more: Should you contribute to your TFSA or your RRSP?

How to Save More

Take control of your finances by choosing the right saving strategy.

Learn more: How to save more