What is the best way to save money?

What is the best way to save my money?

  • I currently in grade 12 and I'm going to University (post secondary) next September. I just want to save my money so I can pay it off when I'm done school. Maybe not all of it, but most of it. What is the best way to save as of right now? I've been searching about this topic, but I can't seem to settle down on one thing. There's the Canada Savings Bonds, but the interest is low, and then there's ally with a high interest rate saving plans, but I don't know how safe it is... I'm really new at this, so it helps so much if I can have some of your inputs. Thanks

  • Answer:

    The best way is to simply save it in an account. Forget about interest and the stock market, it's all crap unless you've got millions to invest.

Ellie at Yahoo! Answers Visit the source

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