TFSA - Millionaire on the Prairie

Posted on April 6, 2019April 5, 2019 by Blue Lobster

Whew! The first three months of 2019 are already in the rearview mirror. Tempus fugit! Am I right or am I right? A few weeks back, I was happy to report that the Tax Free Savings Account (TFSA) contribution limit was raised to $6,000 for 2019. If you’ve been maxing out your TFSA contribution, then […]

Category:General Thoughts, Tax Free Savings Account, Wealth Creation

TaggedTax Free Savings Account, TFSA, TFSA Contribution Limit

Posted on June 2, 2018August 30, 2019 by Blue Lobster

I got my first part-time job in grade 11. Every two weeks, roughly $137 was plopped into my bank account via electronic deposit. And every two weeks, I would go to the bank machine and manually transfer $50 from my chequing account to my savings account without fail. It was simple and easy. When I […]

Category:Banking, Retirement, Single Money, Tips and Tricks, Wealth Creation

TaggedAutomatic Savings Plan, Deferred Gratification, Priorities, Registered Retirement Savings Plan, RRSP, Tax Free Savings Account, TFSA

Tag: TFSA

Tax Free Savings Account – the Gift that Keeps on Giving

Automation is beautiful!