Caisses Desjardins du Québec and Caisses populaires de l'Ontario [Change site]
Reasons to save
Sometimes it's good to be reminded of what they are.
Do you know where your money is going?
To get an idea, figure out how much you've earned — from your salary and other income sources — since you started working. If, for example, you've been earning $40,000 a year for the last 10 years, your total earnings could easily come to half a million dollars! How much of it is left? Shocking, isn't it?
First and foremost, save for your peace of mind
Saving helps your peace of mind because it gives you the ability to deal with unexpected expenses without upsetting your financial balance.
- Take a close look at your daily expenses and see where you might have some flexibility to save.
- Deduct from your net income a set amount to deposit each week or month in your emergency fund or in an investment where it can grow.
Find out more
See You, too, can save and How to save.
The next step
See Create an emergency fund and Draw up a budget.
Now save for your projects
Buy a car
Go on vacation
A costly project
Training and education
Retirement
Money question
Are you able to put money aside each month?