Over the course of a working life, most people are capable of generating significant savings without adversely affecting their lifestyle. Some careful planning is required, but most of all discipline is needed.
Continue reading “Discipline builds wealth”Tag: TFSA
Tax-Free Savings Account, a Canadian program permitting individuals who are 18 and older and who have a valid social insurance number to set money aside tax-free throughout their lifetime.
Tax-Free Savings Accounts
Canada’s Tax-Free Savings Account (TFSA) program began in 2009. It is a way for individuals who are 18 and older and who have a valid social insurance number to set money aside tax-free throughout their lifetime. Contributions to a TFSA are not deductible for income tax purposes. Any amount contributed as well as any income Continue reading “Tax-Free Savings Accounts”
themoneynarrative 