Building your emergency fund
Life is often filled with surprises. When it comes to unforeseen events like job loss, illness, or major home repairs, it’s important to be financially prepared.
Everyone experiences a cash crunch
Some call it emergency funds, while others call it savings. Whatever the label, setting aside enough to fund your personal expenses is a good idea to help survive those rainy days.
Small savings can add up
See where you can cut costs and put away a few extra dollars toward your growing emergency fund. A good goal is to have an emergency fund that covers at least three to six months of total living expenses.
Registered plan for your emergency savings
Start planning today with the help of a Scotia advisor.
Tax-Free Savings Accounts (TFSA)
Earn up to $350 in value on an eligible TFSA & RRSP.‡
A TFSA is a great way to save for both short and long-term goals, with the flexibility to withdraw your money at any time without penalty.1
Products for your emergency savings
Having access to a ready reserve of cash will prevent you from taking on additional debt.
Get smarter with your money. Get Advice+
Investing for the future is important, but so is enjoying your life today. Get financial advice from Scotiabank that’s easy to understand, informative, and tailored to you. We’ll help you build a plan that fits your life.
Build a plan for your future with Scotiabank
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