When you contribute to your RRSPs or make a mortgage payment can have as significant an effect on your finances as how much you pay.
By contributing to your RRSPs at the beginning of the year rather than at the end, you can enjoy an extra year of tax-free compounding.
And by paying your mortgage weekly or bi-weekly, you can pay it off years faster than if you stuck to a monthly schedule.
You can also use your calendar to figure out which months have an extra payday. On those days, sending the money straight into your investments or mortgage is a great idea. You won’t even miss the cash.