Happy Sunday, everyone! As we all work on building our credit and hitting those big savings goals, there’s one thing that’s just as important as growing our money: protecting it.
This week, we’re focusing on a key part of the financial journey: keeping our accounts secure and staying one step ahead of the curve.
From spotting “too good to be true” alerts to being the go-to person for our family’s tech questions, we’re leveling up our security together. After all, the best way to reach your goals is to make sure your progress stays protected!
What’s one security habit you’ve started that makes you feel more in control? Share in the comments!
In most provinces, the Provincial Deposit Insurance is just as good or better than CDIC.
Then again, the odds that a regulated deposit taking institution goes belly-up while holding a significant amount of my money is so low that it’s probably not worth my time to even think about.
On the other hand, CIRO registration and CIPF coverage are both non-negotiable requirements for me to even consider creating an account with a broker or investment manager.
2FA, Password manager and strong/randomized passwords for each account. Passkeys are convenient. Also important to know how to recognize phishing attempts.