Saving for an emergency
Financial surprises can occur at any time, such as car troubles, home repairs or even job loss. 1% of the purchase price of your home should be set aside each year, for ongoing maintenance and repairs.
Saving for your growing family
Your child can earn up to $7,200 in government grant money. The earlier you start an RESP, the longer you have to take advantage of the compounding interest.
Saving for an adventure
The average cost of a vacation for a family of 4 is about $4,500. Having a dedicated savings plan will help you enjoy some fun in the sun, worry free.