Why and how to save

Changing a few habits can make all the difference in the world when it comes to saving your money!

Why save?

Putting a bit of money aside makes your money grow. Later, these assets could help you:

• achieve your long-term objectives.
• handle an emergency.

How can I save?

Making up a budget Budget: Complete list of all the estimated spending and income of a business or an individual.   is a useful and practical way to save money! Find out how to make a budget.

Different ways to make your money grow

Youth Profit Account	If you are an 18- to 25-year-old student, you can save on service charges Service charges: Fees you pay for using the services of your financial institution. Synonym : user fees, transaction fees.   and get a higher interest rate Interest rate: Amount charged or paid for the use of money, expressed as a percentage. Investors receive interest for letting others use their money and borrowers pay interest to borrow money.   than you would with a traditional account. Find out more about the Youth Profit Account
Student savings	Exclusive offer for college and university students Better return Return: Amount of interest or dividends received from an investment in a given period of time. s and more flexibility so you can make your summer income grow, as well as the loans and bursaries that you don't need to use right away Fixed interest rate higher than the rate for ordinary savings accounts Find out more about the Student Savings Account
Term savings	Desjardins pays guaranteed interest on a fixed amount that you agree to "freeze" for a pre-determined amount of time. Find out more about Term savings
Market-linked guaranteed investments Market-linked guaranteed investment:	You benefit from a higher potential return while protecting the money you have invested. Find out more about market-linked guaranteed investments
Investment funds Investment fund: Fund in which investors with similar goals pool their money together. This money is invested by professionals who manage the fund.	Investment professionals, who track market fluctuations, can manage your portfolio of shares Shares: Part ownership of the capital of a business or company. , bonds and other investments. Find out more about Investment funds
Shares	Companies sell shares in their business on the stock market Stock market: System in which investments such as company stocks and securities are traded through capital markets (e.g., New York Stock Exchange). . This could earn you a higher rate of return on your investment, but shares also involve greater risk (your capital Capital: Amount of money that you have available to spend or invest.   is not guaranteed). To find out more, visit the Desjardins Securities Web site.

Before investing

• Find out more about our savings and investment products.
• Read our tips to find out all about investments.

	At the caisse	Make an appointment with an advisor at a caisse.