Is Saving in Your TFSA That Important?

Jordann Saving

This blog post is sponsored by Alterna Bank. If you’re saving for a long-term goal like I am this year, you’ll want to think about where to keep your money. Particularly if your savings goals involve thousands of dollars, it’s important to choose the right account to maximize the amount of interest you’ll earn and to make sure you lose …

One Account or Two? How to Save for Multiple Goals

Jordann Saving

This blog post is sponsored by Alterna Bank. This year I’m setting some aggressive savings goals. I want to pay for my husband’s final two rounds of tuition in cash. I want to add $5,000 to my emergency fund, and I want to re-start contributing to my RRSP. My goals aren’t different from how most people set their savings priorities: …

4 Places to Keep Your Big Pile of Money

Jordann Saving

Just like paying off debt is part of everyone’s financial life, so is saving large sums of money. Whether it’s for a house down payment, to purchase a car, or an emergency fund in case the worst happens, at some point your bank account will be home to a large sum of money. I have had to save large sums …

Nest Wealth Review

Jordann Saving

This post is sponsored by Nest Wealth, but the views expressed are entirely my own. Thanks for supporting the brands that support this blog. I started investing about four years ago at age 24. At that point, I was primarily concerned with finding an investing option with fees that weren’t too high, and that was easy to contribute to – …

How Deposit Insurance Gave Me the Confidence to Bank Online

Jordann Saving

  This post is in partnership with the Canada Deposit Insurance Corporation. Tell me if this sounds familiar: as a child, your parent brings you to your local bank to open up a savings account. It’s a safe place to put your birthday money, allowance, and yard sale proceeds. The account would swell slowly, the balances updated in your little …

Budgeting in Time with Family

Jordann Saving

This post is part of a sponsored collaboration with EQ Bank. Thank you for supporting the brands that support this blog. It’s been two and a half years since I moved away from my hometown and settled in Halifax. It now takes about two and a half hours to get home by car, a trip I make about once a …

How I Save Half of My Income Every Month

Jordann Saving

  The most critical skill to ensure your financial prosperity is learning to pay off debt. The next most important skill is saving money. If you can’t do that, you’ll always be treading water, worrying about your next unexpected car repair or waiting anxiously for your next paycheque. In the two years since I’ve become debt free, I’ve learned a …

Balancing Saving and Life

Jordann Saving

Or: Why I’m Tapping the Brakes on Saving for a Home Not to toot my own horn, but I’ve made some pretty serious progress on saving for a home in the past five months. I started out January 2016 with $16,873 saved and I’ll end May with $28,645 – that’s $11,772 saved in five months, an average of $2,354 per …