3.1.2 What are you saving for?

From: Financial Consumer Agency of Canada

Money is split into expenses and savings.

Life events and emergencies can be costly. Check the items on the list that you'd be able to pay for quickly:

What do you need to save for?

What expenses do you need to plan for over the next few years? Are you prepared?

Saving can be a simple step that you don't even notice.

  • First, pay off any expensive debts—debts that cost you more than you can earn in your savings plan.
  • Make a regular contribution—weekly or monthly—to a savings fund.
  • Start as early as you can. The money you save will grow slowly, but it will be there when you need it.
Report a problem or mistake on this page
Please select all that apply:

Thank you for your help!

You will not receive a reply. For enquiries, contact us.

Date modified: