Why $500/month beats a savings account every time

$500 a month could turn into $610,000 — here’s how. 1. Stocks have historically returned 7–10% per year, while high-interest savings accounts currently offer only 2.5–3.5% — meaning your savings account is likely losing ground to inflation over time. → 7–10% 2. Contributing just $500 per month at 7% for 30 years grows to roughly $610,000 — even though you only put in $180,000 of your own money. → $610,000 3. Your TFSA and RRSP let that growth happen tax-free or tax-deferred — the 2026 RRSP limit is $33,810 and the TFSA limit is $7,000, so use them before a taxable account. → $33,810 4. You can start investing in Canada with as little as $1 through platforms like Wealthsimple, and Canada’s market represents only about 3% of global stocks — so diversifying globally matters. → $1 Full guide linked in bio — start today. 🌐 getwealthy.blog #canadafinance #personalfinance #canadianmoneytalk #moneytips #canada