TFSA – Tax Free Savings Account
I am a big promoter of Tax Free Savings Accounts ( TFSAs). In Canada anyone with a valid social insurance number ( SIN), who is older than 18 in most provinces and 19 in some can contribute to a TFSA. The great thing about TFSA is that it doesn’t just have to be a savings account. You can have a self – directed TFSA and can buy shares, bonds, units of mutual funds etc … Remember any income you earn…