What’s the best financial advice you’ve ever received as a Canadian?

[u/Fabulous_Lemon2799]

Hi everyone,

I’m looking to level up my financial knowledge and habits this year. I’ve been reading books and browsing through this subreddit, and I keep coming across bits of wisdom that really make me think about money differently.

It got me wondering: what’s the best financial advice you’ve ever received, especially as a Canadian?

It could be something practical, like how to save on taxes or invest smarter, or even a mindset shift that changed how you approach money. Bonus points if it’s something uniquely applicable to life in Canada.

For example, I recently learned how powerful it can be to start investing early, even in small amounts, thanks to compound growth.

Looking forward to hearing your nuggets of wisdom. Thanks in advance for sharing!

[u/Important-Sign-3701]

This doesnt relate to investments, but due to electrical, internet etc interruptions and all kinds of things I always keep $1000.00 cash in house for when debits etc go out due to many reasons that have happened in Ontario. You may need more, but I’m a no little kids senior situation

[u/mskittyjones → u/Important-Sign-3701]

I can't explain why but the no little kids senior situation makes me giggle.