Posts Tagged ‘TFSA’

TFSA vs RRSP: Head to Head Comparison – Updated 2017

There has been a lot of talk about which one is better, the TFSA vs RRSP in both the PF blogosphere and the media.  Both are great savings and investing tools for us Canadians, but there are important differences between and choosing correctly between the Tax-Free Savings Account (TFSA) and Registered Retirement Savings Plan (RRSP)…

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youngandthrifty Net Worth Update: May 2011

$132, 262 (+ 2.4%) Some of you might have noticed that I haven’t done a net worth update in a while.  At first, I decided to stop posting my updates because of all the negative comments I was receiving on my home purchase.  Then I decided to compromise, because really, a personal finance blog isn’t…

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youngandthrifty Net Worth Update: February 2011

$129172 (+ 1.03%) Another month has gone by, we’re almost into 1/4 of 2011 already!  I hope everyone is keeping up with their personal finance resolutions.  I usually do my net worth calculation at the same time every month (yes, I actually look FORWARD to this, am I a personal finance geek or what?), but…

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Watch out for TFSA “over-contributions”!

As you (my fellow Canucks) probably know by now, the Harper government introduced a new savings vehicle in 2009- the TFSA!  TFSA’s are great– they grow tax free (that’s a beautiful thing!) and you can withdraw money whenever the heck you want. But can you re-invest money whenever the heck you want? The Story A…

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