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Category: Managing Debt

Understanding and Managing Debt

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High-Interest Savings Account vs. GIC: A guide

When it comes to saving money in Canada, understanding your options is key. Two popular choices are a High Interest Savings Account (HISA) and a Guaranteed Investment Certificate (GIC). Let’s break down what they are, how they differ, and when you might use one over the other. What is a High-Interest Savings Account? A High-Interest…

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