Not sure where to begin? Here is a suggested reading order for each stage of life. Everyone can still start with the Basic steps.
In your 20s: first account, first card, first savings
- Choosing your first Canadian bank account (and never paying monthly fees)
- Splitting your paycheque: a simple budget that works
- Saving on everyday costs: the big picture
- Understanding your credit score
- Your first credit card, used the smart way
- TFSA explained: the tax-free account everyone should know
- Investing basics: stocks, bonds, funds and fees
In your 30s and 40s: family, home and kids
- Building an emergency fund
- Insurance basics: what you need and what you don’t
- Buying your first home in Canada (including the FHSA)
- RESP: free government money for your child’s education
- RRSP vs TFSA: which one first?
- The Couch Potato: simple index investing in Canada
In your 50s: getting retirement-ready
- Retirement: the big picture
- Your CPP: what you pay and what you’ll get
- OAS for immigrants: the residence rule
- Counting pension years from your home country (social security agreements)
- Making your retirement savings plan