BankingOct 10, 20263 min read
I don’t need a calendar reminder to pay daycare anymore
I can arrange the payment ahead of time in Wealthsimple, rather than send the same e-Transfer by hand each time.
Read articleA Canadian money notebook
Build your system. Build your wealth.
Your TFSA, RRSP, credit card and paycheque do different jobs. See how they fit together, then use your own numbers to decide what to do next.
Income enters chequing, then can fund spending, savings and investing.
ChequingYour income
Everyday spending
Bills and card payments
Money you’ll need soon
Savings for a buffer or a goal
Longer-term investing
An account that fits your plans
Start here
What are you working on?
Start with the decision in front of you. You don’t need to change every account at once.
Work out which account comes first
See where employer matching, a TFSA, RRSP, FHSA or RESP could fit, based on what you’re saving for.
Compare Canadian cash-back cards
Compare five cards using your own spending, including Wealthsimple’s flat 2% cash back and fee waiver.
Compare two ways to handle USD trades
Compare repeated currency-conversion fees with a fixed USD-account fee using your own numbers.
Latest
New articles and updates.
BankingOct 10, 20264 min read
Why I keep a credit line behind our joint account
I keep less cash in chequing and invest the surplus, with a TFSA-backed credit line available if a household payment needs it.
Read articleBankingOct 2, 20267 min read
A Chance to Win $1 Million, Plus Canadian Bank Bonuses
October's Wealthsimple contest has one $1 million cash prize. Eligible new clients can also get a separate $25 referral bonus after $100 in qualifying funding. Simplii and Tangerine offer larger cash bonuses that require recurring deposits.
Read article