Emergency Fund
Save 3-6 months of expenses in a high-interest savings account. Consider using a TFSA for tax-free growth.
Your Daily Guide to Financial Success in Canada
Expert tips and advice to help you make smart financial decisions, protect your assets, and build a secure future.
Smart Savings
Build wealth with Canadian-specific strategies
Protection
Comprehensive insurance coverage advice
Growth
Investment strategies for Canadians
Financial Tips for Canadians
RRSP vs TFSA
Use RRSPs for high-income years and TFSAs for flexibility. Both offer tax advantages for Canadians.
Mortgage Strategy
Consider accelerated bi-weekly payments to save thousands in interest over your mortgage term.
Credit Card Rewards
Use cashback cards for everyday purchases and travel cards for international spending.
Investment Diversification
Consider Canadian ETFs for low-cost, diversified exposure to domestic and international markets.
Budget Planning
Use the 50/30/20 rule: 50% needs, 30% wants, 20% savings and debt repayment.
Insurance Protection Guide
Health Insurance
While basic healthcare is covered, consider supplementary insurance for dental, vision, and prescription drugs.
Auto Insurance
Shop around for the best rates and consider increasing your deductible to lower premiums.
Home Insurance
Ensure your policy covers replacement cost, not just market value, for adequate protection.
Life Insurance
Consider term life insurance for affordability and permanent life for estate planning needs.
Disability Insurance
Protect your income with disability coverage, especially important for self-employed Canadians.
Flood Insurance
Standard home insurance doesn't cover floods. Consider separate flood coverage in high-risk areas.