Planning for your Future
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Planning for your Future
Saving is generally considered prudent. It can improve an individual’s or a couple’s retirement standard of living. It may also be a useful cushion against unemployment or temporary financial needs.
Excellent advice for average Canadians. However low income people may not necessarily benefit from a savings habit as it renders them ineligible for a number of government assistance and benefits programs.
Saving for your children’s education? Find out all about RESPs