You Don't Need A Lot of Money to Start Investing in Canada

Want more from me? Join the free Sunday letter: https://cpamoneymentor.com/moneyletter/ Building wealth starts with a simple habit: investing 5 dollars a day can grow into over 160,000 dollars in three decades. Many Canadians assume you need a massive salary to start a portfolio, but this video proves that consistent, small contributions are the real engine of long term wealth building. We break down the exact math used by professional financial planners to show how compound interest turns pocket change into a significant safety net. This guide is built for anyone ready to stop procrastinating and start their journey toward financial independence. I also work with people one-on-one: advice-only, no commissions, all online across Canada. See how at https://cpamoneymentor.com/ CHAPTERS: 0:00 Investing $5 a Day: What It Becomes in 10, 20, 30 Years 1:13 Why Starting Small Feels Pointless (It Isn't) 1:52 The Real Math: $5 a Day at Planner Return Assumptions 3:22 The Honest Version: Today's Dollars 4:00 What If the Market Drops After You Start Investing? 5:15 Why the Habit Beats the Amount 6:22 What Waiting for the "Real" Amount Costs 6:57 How to Set Up $5 a Day in Canada (TFSA Steps) 8:15 Keep the Coffee, Start the Snowball 💡 RELATED VIDEOS:    • $300/Month Is All You Need To Build Real W...      • Investing   📌 ABOUT THIS CHANNEL: I'm Toyin, a CPA and financial planner helping Canadians navigate retirement planning with clear, practical advice. Subscribe for weekly videos on Canadian personal finance, retirement strategies, tax planning, and wealth building. --- ⚠️ DISCLAIMER: I'm Toyin Okezie-Mba, a Chartered Professional Accountant (CPA, Ontario) and CFP® candidate. CPA Money Mentor is an educational channel for a Canadian audience — it is not financial, investment, tax, retirement, insurance, or legal advice, and watching it does not create a professional relationship between us. I'm not a registered investment adviser or dealer, and nothing here is a recommendation to buy, sell, or hold any specific security or product. Everything is general information based on Canadian rules at the time of recording. Laws and tax rules change, and the right answer for you depends on facts I don't know. Please consult a qualified professional licensed in your province before acting on anything you see here. When a video includes a sponsorship, paid partnership, or affiliate link, it will be clearly disclosed in the video and at the top of this description. Past performance never guarantees future results, and all investing carries risk of loss. For financial planning services, a separate written engagement with Steadypace Inc. (operating as CPA Money Mentor) is required. RESOURCES: Return assumption used in this video: FP Canada and the Institute of Financial Planning, 2026 Projection Assumption Guidelines (6.3% for Canadian equities). https://www.fpcanada.ca/projection-as... TFSA lifetime contribution room ($109,000 in 2026 if you were 18 or older in 2009 and have never contributed): Canada Revenue Agency, TFSA contribution room. https://www.canada.ca/en/revenue-agen... © 2026 CPA Money Mentor. All rights reserved.