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Saving and getting ahead

To avoid living paycheque to paycheque, here’s what you can do to help get ahead.

  • Save a percentage of every paycheque
  • Stay on top of your debt with a repayment plan
  • Making debt payments on time and in full can help you establish a good credit rating

To get started, enter your information to the right and see how long it might take you to reach your savings goal.


Pay yourself first. Our Pre-Authorized Payment Plan and Pre-Authorized Transfer Service can help you save automatically towards your goals. Learn more

Tax-Free Savings Account

A TFSA can be a great way to save for your future – tax-free.

Learn more

Savings Calculator

Please enter a savings amount between $500 and $100,000

 
 
$
$500 $100,000

Please enter a time period between 1 month and 60 months

 
  mos.
1 month 60 months

Please enter a monthly contribution amount between $25 and $10,000

 
 
$
$25 $10,000

 

Interest rate tip

The rates provided are for illustrative purposes only. Please enter the interest rate you expect to earn.

 

Please enter an interest rate between 1% and 10%

   %
1% 10%

By making monthly contributions of $, you could save $ in month(s). Try it for yourself!

 
 

 Your contribution   Interest

The calculator is for illustrative purposes only. Actual rates of return and government contribution amounts may vary from those in the calculator.