As you settle into a new country, your financial stability is essential. This means not just earning an income, but also putting your savings to work, so you can better achieve your financial goals. In this episode, we talk to Anam Yousaf, an RBC Newcomer Advisor, about how newcomers can save and invest funds in Canada.
Here’s what you’ll learn about:
Financial goal setting as a newcomer
How much money should newcomers save?
Difference between saving and investment
Savings and investment products in Canada
Registered savings accounts in Canada
How to choose the right saving and investment products
How to manage your investments as a newcomer
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