Saving Towards Goals (2009)

In this brief document, the authors offer tips for achieving goals by saving over a relatively long time frame.

They use as an example a couple whose current monthly spending includes a large amount for dining out and entertainment. They want to maintain part of this lifestyle, and save for their children’s education, a big vacation, and their retirement.

The authors’ tips for this couple include finding expenses to cut in their budget; establishing Registered Educational Savings Plan (RESP) accounts for their children; setting up Registered Retirement Savings Plan (RRSP) accounts for themselves; and saving for a trip by taking advantage of Canada Savings Bond deduction programs at work.

The document was prepared by Money Mentors, a not-for-profit credit counselling and money management organization based in Alberta.

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2014-03-17
APA citation
Money Mentors. Saving Towards Goals 2009. Web. 28 Sep. 2020 <http://en.copian.ca/library/learning/money_mentors/saving_goals/saving_goals.pdf>
Money Mentors (2009). Saving Towards Goals. Retrieved September 28, 2020, from http://en.copian.ca/library/learning/money_mentors/saving_goals/saving_goals.pdf
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