How to invest as a teenager in Canada + MORE Aug 13th

Personal Savings getting you down? There are always smart ways to increase your savings.

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Savings comparison tool Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance. Advertisement Why trust us MoneySense is an.... More »

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How to invest as a teenager in Canada

– moneysense.ca

If you’re starting to save the money you’ve received from birthdays, holidays and part-time jobs, you may be wondering how you can invest your savings. An important life lesson for any young person is the habit of saving—so, investing those savings for some teenagers can be the next step.

In Canada, many provinces have upped their personal finance curriculum content for elementary and high school since I was a kid. Social media also has a lot more information about money and investing, as well as trending content about spending money as well. One word of caution: There may be good non-professional advice out there on social media, but some of it is downright bad. Get qualified advice before making any decisions, and you could even take a free investing or personal finance course.

How to start saving as a teen (or younger, or older for that matter)

A minor —under the age of 18 or 19, depending on the province or territory—will generally need a parent or guardian to be listed on an account as well…

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The best high-interest savings accounts in Canada for 2024

– moneysense.ca

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The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.

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