If you\u0027re willing to downsize your space, you could supersize your cash flow
risks with your assets or maybe just the idea of that makes you uncomfortable, you’ll want to prioritize saving.
Your best bet is to save your money, either through buying a guaranteed investment certificate or putting it in a high-interest savings account. Let’s start with GICs. Terms can last for as little as 30 days or as long as 10 years, but the longer your term, the more you’ll earn in interest. GICs are very low risk, but the catch here is you need to leave your money with the bank for the full term otherwise you’ll miss out on accruing interest or risk an early withdrawal penalty.high-interest savings accountThese accounts can earn you 10 times more than a traditional savings account, which is a great compromise for those who want to keep their money safe but earn a little extra as well.
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