Finance fact number 3
Saving in a TFSA is a great way to stay true to your budget! A TFSA can help you plan for big expenditures so they do not hurt you all at once when you are ready to pull the trigger. TFSAs are tax free, which enables you to keep your money there, earn a bit more interest on your savings and not worry about income gains. More Canadians should use TFSA accounts in order to make certain they take advantage of the tools government gives in order to manage debt and build wealth.
