Online banking tools now allow Canadians to set up transfers in advance, even weeks or months ahead. These are often used for:
Moving money to savings after payday
Separating rent/bill funds from daily spending
Preparing for recurring expenses
Budgeting for seasonal obligations
Many banks also offer recurring scheduled transfers (e.g., every Friday or once a month). Once set, these run automatically.
Even if someone isn’t actively budgeting, this feature can simplify organization by segmenting money without manual steps.