RRSP vs TFSA? The Untilate Strategy To Lower Your Taxes and Build Wealth How To Adult Show

The question I get asked every year is 'should I prioritize contributing to my RRSP or my TFSA?'. The truth is, as long as you're saving and investing you're doing the right thing, but in today's episode I'm going to walk you through an overview of what each account is, the key differences between your RRSP and TFSA accounts, and how to decide which account to contribute to if you have limited savings and don't know which account you should use. In this episode we'll also talk about the ultimate strategy to use both your RRSP and TFSA to maximize your savings, minimize your tax burden, and maximize your income over the course of your life.

EPISODES MENTIONED IN THIS EPISODE:
- RRSPs For Beginners https://www.youtube.com/watch?v=FvLZ4T7Dj44
- TFSAs For Beginners https://www.youtube.com/watch?v=JMSyFP5I50Q&t=97s
- How To Use Your RRSP To Pay Less Tax https://www.youtube.com/watch?v=5sn-t18lFoQ&t=397s

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