Some Tips to Help You Save

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We all know that having savings is very important. However, there are still many Canadians who feel like they aren’t saving enough money. If you’ve made the decision to take charge of your financial future, here are some things that you can do to maximize the amount of money that you save each month:

– Open a separate savings account

Unlike some investment products like money market funds, the majority of savings accounts can be opened with as little as $1 and there are no fees to get started. Opening up a separate savings account will help you by keeping your funds separate from your main checking account. You can compare different savings account offered by Canada’s financial institutions as well. Be sure to pay attention to the interest rates they pay as well as any fees that are charged for transactions. Since there is now a lot of competition among financial institutions…

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