Money a 
     
    
   
   
    
     Whether you ‘re in your first 
     
     year or last, it’s not too early to 
     
    
   
   
    
     start thinking about money — 
     
    
   
   
    
     and how to keep it. 
     
    

    
     “Keeping it is the hard part, 
     
     especially the first two or three 
     
     years after graduation,” says Brian 
     
     Cunliffe. a stockbroker who repre- 
     
     sents the Canada Savings Bond 
     
     Payroll Savings Plan. 
     
     there'll be student 
     
     and for almost 
     
     everyone, the cost of just getting a 
     
     job and setting up housekeeping. 
     
    

    
     “That's where Canada Savings 
     
     Bonds come in. More than 16,000 
     
     government depart- 
     
    
   
   
    
     “For many. 
     
     loans to pay off 
     
    
   
   
    
     companies, 
     
     ments, associations, hospitals, etc., 
     
     offer the CSB Payroll Savings Plan 
     
     to their employees.” 
     
    

    
     Under this plan, employees are 
     
     given the opportunity to purchase 
     
     Canada Savings Bonds in instal- 
     
     ments. 
     
    
   
   
    
     "For about $20 a week,” says 
     
     Cunliffe. “you can save $1,000 a 
     
     year. It’s only a small amount off 
     
    
   
   
    
     every pay cheque and after a while 
     
     you barely miss it — but these small 
     
     amounts add up. 
     
    

    
     “Best of all, you can redeem 
     
     them for instant cash on any busi- 
     
     ness day at any financial institution 
     
     anywhere in Canada . . . and while 
     
     you keep them, they earn a competi- 
     
    
   
   
    
     nd how to keep it 
     
    
   
   
    
       
     
    
   
   
    
     Chiver 
     
    
   
   
    
     CAXADA SAVINGS BONDS 
     
    
   
   
    
     17% 
     
    
   
   
    
     FINANCIAL. 
     
     PLANNING 
     
     10} 
     
    
   
   
    
     - A Wf easy to buy / start investing today ! 
     
     wv information brochures on C$Bs are 
     
    
   
   
    
     Financial opals ! 
     
    
   
   
    
     Y oJ CSBs never go down in valve You can 
     
    
   
   
    
     always depend on them / 
     
    
   
   
    
     0. Safe easy Savings method to reach your 
     
    
   
   
    
     available at most financial institutions / 
     
    
   
   
    
     Ty 
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
     } vor WAIT UNTIL YOU'RE OUT OF SCHOOL 
     
     { L~ O FIND OuT ABOuT E3Bs —— THIS |S 
     
     vy |e WHEN YOU MIGHT NEED THEM MOST / 
     
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     OU rt Dement em S=S- nee, ; 
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
     tive rate of interest — in most cases, 
     
     they almost double in value if you 
     
     hold them until maturity.” 
     
    

    
     They're also guaranteed by the 
     
     Government of Canada, making 
     
     them one of the safest investments 
     
     in the country, he notes. 
     
    

    
     Average purchase on the CSB 
     
     Payroll Savings Plan has been 
     
     creeping up every year and now 
     
     stands at more than $1,500, 
     
    

    
     "Saving $2,000 or $3,000 a year 
     
     for a few years can amount to quite 
     
     a nest egg — enough for the down 
     
     payment on a home. 
     
    
   
   
    
     "In fact,” he added, "the CSB 
     
     Payroll Savings Plan is how many 
     
     parents have been able to save for 
     
     theif children’s education. Perhaps 
     
     yours was, too.” 
     
    

    
     You can also buy Canada 
     
     Savings Bonds for cash at any bank, 
     
     trust company or credit union for as 
     
     little as $100. This year’s sales 
     
     period runs from Oct. 19 to Noy, 1. 
     
    

    
     "Whatever the case, many 
     
     people make Canada Savings 
     
     Bonds an integral part of their 
     
     financial planning... even while in 
     
     college. It’s never too early to start." 
     
    
   
   
    
       
     
    
   
   
    
     Thank you “Tim Horton Donuts” 
     
    
   
   
    
     University Avenue 
     
    
   
   
    
     for your donation 
     
    
   
   
    
     during the ARCUP conference 
     
    
   
   
    
     on October 6,7 and & 
     
    
   
   
    
     From the editor and staff of the Gem 
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
     A special thank you goes out to “Mister Donuts” 
     
    
   
   
    
     364 University Avenue 
     
    
   
   
    
     for their very kind donations during 
     
    
   
   
    
     the Atlantic University Press (ARCUP) conference 
     
    
   
   
    
     at 
     
    
   
   
    
     UPEI on October 6,7 and 8 
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
       
     
    
   
   
    
     === Thursday, October 12 
     
    
   
   
    
          
     
    
   
   
    
     1989