ING Direct is known for its innovative products, that only entice both current and new customers to its bank. ING Direct has brought back their Tax Free Savings Account (TFSA) Kick Start Program for the 3rd year. In 2011, Canadians can save an additional $5,000 without being taxed on the interest they earn in a
Posts Tagged ‘amount of money’
Stopping the Struggle with Saving
Canadians are having difficulty meeting their savings goals; 38% of Canadians have indicated that they have been unable to save because they have nothing left over after paying their bills, or because there are impulse spenders, according to the recent RBC Savings Poll. 57% of Canadians find that it is difficult to achieve their savings
Daily Financial Challenges
Every day we face various financial challenges, however what comes at a surprise is that not everyone notices them. For instance, you may be hungry and are driving by a restaurant; you have the option of going in and grabbing something to eat OR wait till you get home. On one hand you are spending
Saving for the Future
Everyone wants to become a millionaire, however the truth is not all of us can reach that dream. Fear not, there are steps you can do to help you reach your goal of a million, or at least coming really close. Today, I will discuss the importance of how we should stop any senseless spending.
Reasons Why We Fail to Save Part 2
As I mentioned a while back, there are various reasons as to why a person may not be able to save enough money. I focused on the fact of not having enough money to get the task accomplished, however that reason tends to be an excuse for those who do not take the time to
BMO Survey Reveals Why Canadians Are Not Saving for Retirement
A recent report from the BMO Retirement Institute has found the reason Canadians procrastinate when it comes to retirement planning. The report found that despite having almost 90% of Canadians feel retirement planning should begin early, 40% of non-retirees have done little to nothing to prepare for the day they decide to stop working. The
Saving for Your Retirement
Saving for your retirement can be a tricky thing for anyone. What is the amount of money would we need for our retirement? It may sound surprising, but some people may feel that they need an amount such as a million dollars for their retirement. This makes retirement seem hopeless and causes an unnecessary amount










