Saving MORE MONEY

Saving money is the key to that thing you want to do, whether it's buying a house or taking a year off work to travel. Here's how to save more money, no matter what your current income is.

If you want to save more money, you’re in the right place.

After spending almost four years writing about money—mostly with the goal of figuring out how I was going to save enough to do the things I wanted to do, like save a five-figure down payment for a house or save up for a wedding—I’ve read pretty much everything out there about savings tips, and tried just about every tool pitched to help you save more of your hard-earned cash. Here are the best tools and tips out there to help you save more and hit your goals ASAP.

 

Best tools to save more money

Online savings accounts that pay 1.70% interest with an easy-to-use interface, unlimited Interac e-transfers, and custom goal setting.

A prepaid Visa card with built-in features to help you save more automatically. Earn an extra 1% cashback for 90 days with code HALFBANKED.

Why We’re Not Paying Off Our Mortgage Early

Why We’re Not Paying Off Our Mortgage Early

Paying off your mortgage early is one of those things that sounds impressive and Very Financially Responsible when you hear someone’s doing it. What’s not to like about being truly debt-free earlier, or getting rid of most homeowners’ biggest monthly budget item,...

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Does Your Credit Score Really Matter?

Does Your Credit Score Really Matter?

Like most questions in personal finance, this one has a short answer, a much longer answer and in the end it really just depends. To kick things off with the short answer, yes, your credit score matters — but there are some pretty big caveats here. When it comes to...

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Managing Your Money Online: How to Do It Safely, From Home

Managing Your Money Online: How to Do It Safely, From Home

Global pandemic or not, your time is valuable—and I think it’s safe to say we’re all being a bit more cautious about the number of errands we’re running and the people we’re seeing right now. Who knows how long we’ll continue to think twice about errands that used to be just a regular Saturday, you know?

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9 Actionable Ways to Prepare For a Recession

9 Actionable Ways to Prepare For a Recession

With the way the world is going right now, it’s no surprise that you might be wondering how to prepare for a recession. Luckily, there are some solid, common-sense, basic things you can do to prepare your finances for a recession, although quite frankly, your mileage...

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Wealthsimple Cash Review: Earn 0.9% on Your Money

Wealthsimple Cash Review: Earn 0.9% on Your Money

Wealthsimple Cash is a new spending and saving account announced in early 2020—and I've received more emails about it and whether it's a good fit for people than pretty much any launch in recent memory. That makes sense, because it's not just a savings account or just...

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KOHO Review: Best Prepaid Card for Everyday Use?

KOHO Review: Best Prepaid Card for Everyday Use?

Even though I've personally used KOHO as a prepaid credit card for over a year now, I’ve never done a full KOHO review—and trust me, it’s not because no one has asked. That’s why it’s high time I took this conversation out of DMs and onto the blog, because quite...

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Why I’m Not Saving Half My Income Anymore

Why I’m Not Saving Half My Income Anymore

When I started this blog, it was for a simple reason: my goal was to save half my income, and I thought it’d be interesting to write about. While I’ve never shared exact numbers on my income, I like to think I’ve always been transparent about what has worked—and...

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Tangerine Review—Best Online Bank in Canada?

Tangerine Review—Best Online Bank in Canada?

When it comes to online banking in Canada, you’ll be hard-pressed to find a better, more complete, or more user-friendly option than Tangerine Bank. Tangerine used to be the Canadian branch of ING Direct, and was acquired by Scotiabank in 2012. While the name and...

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How to Save for a New Kitchen (Part One)

How to Save for a New Kitchen (Part One)

If you’re wondering how to save for a new kitchen, the best advice I can give you is this: start now. (And no, not only because kitchens can come with a hefty price tag!) As you might have seen on Instagram, we’re in the early stages of a kitchen renovation. However,...

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The Case for Multiple Emergency Funds

The Case for Multiple Emergency Funds

This post is sponsored by Alterna Bank, but all opinions, stories, and emergency fund anecdotes are my own. “Multiple emergency funds? But I’m having trouble even saving up one emergency fund.” If that’s what you’re thinking when you hear “multiple emergency funds,”...

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5 Hard-But-Worth-It Ways to Save More Money

5 Hard-But-Worth-It Ways to Save More Money

As a follow-up to my post about easy ways to save more money, I want to talk about the flip side of things—hard ways to save more money. Specifically, I want to talk about the very worthwhile high effort, high impact ways to make a big difference in your financial...

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