17: TFSA vs. RRSP
Money Feels
00:00
Is Your TMSA a Retirement Investment Account?
I think one third of my time on TikTok is devoted to explaining to people the TMSA is not for saving for a car. Money goes into it and it stays there until you need it for retirement. Even if you have room, even if you have other financial goals, please put it in just a general savings account. I don't know why people are doing this.
Play episode from 09:55
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