I was reminiscing of the past while reading my bank statement today; how great it was when I had no fees whatsoever. Back in the day, before university hit or before we became an “adult” we were all in a youth account.Wondering if a youth account is for your child? Well once your child is
Archive for the ‘Savings Account’ Category
Guaranteed Investment Certificates and Term Deposits (GIC): Basics
A guaranteed investment certificates and term deposits (GIC) offer you the knowledge that your principal is always protected. Today’s GICs give you the potential for higher returns by its participation in stock market performance, or ability to receive a regular income from your investments.The money that is invested in a GIC is completely protected. At
Tax-free savings account (TFSA) overview
In January 2009 all banks across Canada introduced a tax-free savings account (TFSA) which is a flexible investment account which can help you meet both your short and long term goals.The investment income in a TFSA is not taxed, whether you are earning interest, dividends or capital gains. Your withdrawals are not even taxed. The
New Smart Saver Account from Bank of Montreal
Bank of Montreal is introducing their new Smart Saver account and you get 1.50% interest rate with it. With the Smart Saver account you are able to earn more money on your money and all that needs to be done is have your money sit in your account.The Smart Saver account features a high interest
Saving your money
Looking at the amount of money earned from last year some will stop to think about how they earned so much but can’t seem to remember where it all went. While doing your taxes this year many of you will stop and realize you make a lot more than you would have thought and come










