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Articles on Saving

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Now might be a perfect time to involve children in discussions about saving money and encourage them to practice making their own saving decisions. (Shutterstock)

How to teach saving and spending to kids as young as 3 years old

The act of choosing to save or spend money often involves considering a future point in time. Greater focus on saving and budgeting can help children better develop saving skills.
Taking a loan has never been easier thanks to the proliferation of mobile lending platforms. Rosenfeld Media/Wikimedia Commons

Mobile-based lending is huge in Kenya: but there’s a downside too

Mobile loan platforms have given Kenyans access to easy loans, but they come at a high price.
It’s tax season. Should you put money in RRSPs or TFSAs? (Shutterstock)

How to determine what’s better – RRSPs or TFSAs?

It's never too early nor too late to start your saving program. Whether it’s an RRSP or TSFA -- or preferably both -- they are both important and easy ways to help you achieve your financial goals.
Young women in the survey showed less interest and knowledge on long-term investments. www.shutterstock.com

Young women can budget in the short term but struggle with long-term investments: survey

Young women are are confident in implementing budgeting and savings strategies, but lack the knowledge and confidence required to implement long-term financial strategies, a new pilot study finds.
Research shows that poor and wealthy retirees spend about the same during their retirement. www.shutterstock.com

Poor and rich retirees spend about the same

Giving rich households superannuation concessions is not justified according to new research which says these retirees spend as much as their poorer counterparts.

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