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I'm getting an inheritance of $4000 next week. I am buying a car (which I was before the money came about) with about $2500 of it and the rest I want to save. I don't have any long term saving account currently. Right now I use my tfsa to save for the business that I am starting, and my normal bank account pays for my daily expenses. What is a good way to put this away so I can start a long term savings? Another tfsa? Rrsp? Gic?
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# ¿ Aug 15, 2015 21:31 |
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# ¿ Apr 28, 2024 20:48 |
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I'm engaged and my fiancee and I would like to open a joint savings account to use to work towards goals, such as a down payment or vacations etc. Not sure if we will use it for normal expenses like rent and food yet. Any suggestions for good banks etc ? We are both with TD for our separate accounts.
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# ¿ Aug 18, 2016 16:31 |
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Yes, this will be primarily for saving for goals, not everyday things. I think we will split that stuff like we currently do. Vacations would be every few years probably, as we are not rich ( me, a musician/small business startup owner, and her, a supply teacher) I will do some reading on Money Market Funds.
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# ¿ Aug 20, 2016 03:19 |