Not sure how to make a savings plan? Read on…
When you’re living paycheque to paycheque and every dollar counts, it’s hard to imagine how to save any significant amount of money. The good news is, you can build up an emergency fund even while living paycheque to paycheque. The best news of all is once you’ve built up some sa.... More »
Need your money in five years or less? Park it in a savings account with tax benefits + MORE Oct 11th
TFSAs containing high-interest savings accounts only pay about 2%, but putting short-term money at risk in the stock market is foolish.... More »
For older Canadians afraid of having their savings wiped out in a market downturn, segregated funds could be an effective option, writes Gordon Pape..... More »
How do you find the best Guaranteed Investment Certificate rates? What even is a GIC anyway? Maybe a financial planner or someone at your bank told you to take a look at GICs as a way to save more money. But not everyone knows what a GIC is, how it accrues interest or how to shop for the best GI.... More »
Your phone can answer your questions in the amount of time it takes you to type it in or, quite literally, ask it. It wakes you up in the morning, tells you the weather, and keeps you connected. It can even pay for your morning coffee. But, if you can pay with your phone in an instant, you had better be able to track those purchases just as quickly. This mindless spending could create bad financial habits.
Here are five financial apps that can help you organize your spending and capitalize on your rewards.
When you download the free KOHO app you can sign up for a Personal or Joint spending account. KOHO works like a debit card, but is accepted everywhere Visa is, allowing you to stick to your goals and never pay interest.
KOHO allows users to preload their budget, automate savings, set goals, and track spending. KOHO rewards users with 0.5 percent cashback on all purchases, up to 12.5 percent cashback when referring friends and family, and can help you save with RoundUps.
RoundUps can be set to the nearest $1, $2, $5 or $10…