Tag: interest
-
How to Save Up for a Down Payment in Canada
It can be difficult to save up for a down payment in Canada, especially if your income is lower or middle class. However, with some careful planning and hard work, it is definitely doable. In this blog post, we will outline several tips that will help you get closer to your goal. Calculate how much […]
-
How Prize-Linked Savings Accounts Can Help Canadians Save
Have you ever wondered how to save more money? Well, if you create a prize-linked savings account, you could be a winner! No, really. With prize-linked savings (or “PLS”), you have the chance to win big cash prizes of up to one million dollars. What’s the best part? You make interest on your deposits, meaning […]
-
10 Money-Saving Tips for Young Adults
When you are in your 20s and fresh out of university, you have no idea how to save money. Little things like automating your savings and cutting down on unnecessary expenses can save you hundreds of dollars every month. Your future self will thank you when it’s time for retirement. These 10 tips will help […]
-
The best ways to invest your money and earn more interest.
One great way to boost your earnings is to open a high-interest savings account. Ever offers 1.5% interest, which is high compared to other banks. Another good way to grow your money is to invest in index funds. Index funds are a type of investment that track a particular market index, such as the S&P […]