The only savings account I've ever owned is a Registered Savings Deposit account that acts as a buffer between my chequing acct and Registered mutual funds.
I used to trade regularly with Action Direct, and I recommend many of you give it a try one day.
And I strongly recommend each and every one of you get a Tax-Free Savings Account as soon as they are made available. Inquire with your local bank, or an Investors Group Financial Consultant to find out more. Yes, I work for Investors Group by day, no - not as a Consultant.
Because of frugal planning when I was 18 (and younger), my family and I are in a much better financial position than all of my friends of the same age.
Therefore, no, the recent financial issues in the world have not curbed my spending.