Easy Ways to Protect Your Hard-Earned Dollars   We are all focused on building a better life for ourselves and our families through stronger financial planning and sound budgeting. For most of us, that means a lot of work put into stretching every dollar as far as it goes and getting the best return possible on our investments. Today I’m going to focus on an aspect of financial planning that doesn’t get enough attention: deposit insurance. After all, there’s no point in building up a nest egg if it’s not there when you need it. After your plan has been put in place and you’ve made a decision about how much of your net worth to put aside in savings, what exactly should you do with it? From high interest savings accounts, to GICs, to RRSPs, there are plenty of options available for your savings. Deposit insurance is provided for only certain kinds of savings, so it is important that you keep it in mind when making sound financial decisions. Related: RRSP’s The Need To Know Basics Canadian banks are safe and protected, but failures aren’t impossible Many countries have a government agency or other body responsible for protecting savers […]