Money-Saving and
Wealth-Building Tips
Compound interest and debt
Pay
down non tax-deductible debt as quickly as possible
Pay down your mortgage, or contribute to an
RRSP - which is better?
Credit cards -
How
compound interest can work against you
Compound interest and building wealth
If you
save
$1 per day, how much will you have?
To
have $1 million in the future, how much must be deposited today?
RESPs - Be Aware, and Beware!
Tip: Make compound interest work for
you, not against you.
Reducing costs
See the Government Benefits and Services pages for Canada and your province or territory,
for links to consumer protection information. Save money by protecting yourself -
Cost cutting suggestions
and estimated savings over 30 years
Lower
your insurance costs.
Free software
Prescription prices are not equal!
Private health care plans
- cost may exceed benefits.
Your loyalty points or frequent
flyer miles can expire.
Buying a vehicle
Rebates and PST reductions for fuel-efficient
vehicles
Check to see if there are unclaimed
balances that belong to you or a relative.
Government benefits
Child and family
benefits provided by governments
Tip: Get ahead by living below
your means!
Revised: December 08, 2009
