Asking chatgpt financial advice. How did it do? There are a few ways to save money in Canada:
1. Set a budget and track your expenses: This will help you understand where your money is going and where you can cut back.
2. Cut back on unnecessary expenses: Look for ways to save money on everyday expenses, such as by cancelling subscriptions or comparing shopping for groceries and other household items.
3. Save on taxes: Take advantage of tax credits and deductions, such as the Registered Retirement Savings Plan (RRSP) and the Tax-Free Savings Account (TFSA).
4. Save on housing costs: Consider living with roommates or downsizing to a smaller living space to save on rent or mortgage payments.
5. Save on transportation costs: Walk, bike, or use public transportation instead of driving to save on gas and car maintenance costs.
6. Look for discounts: Look for discounts and coupons when shopping and dining out, and consider using a cashback credit card to save on everyday purchases.
7. Save on entertainment costs: Look for free or low-cost entertainment options, such as visiting parks and libraries, instead of expensive concerts and movies.
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