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Articles on TFSAs

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Preference for tax-free savings accounts may be due, in part, to a psychological bias for the phrase “tax-free.” (Shutterstock)

The ‘tax-free trap’: How a simple phrase skews Canadians’ savings choices

New research finds that people are more likely to choose a plan that has the words “tax-free” in the title, regardless of the details in fine print.
Investing is pretty much what you make of it. You can go fast and risk it all, or go slow and make those investments that pay off in the long run. (Shutterstock)

Young investors: Here’s some tips for getting into the market

Just got your first paycheck, or saved a tidy sum from your first job? You might be thinking about how to invest your money. Here are some of the things you should think about.
Research suggests we should consider our own care needs, as well as our families’ care needs, when we plan our financial futures. (Shutterstock)

No vacation? Find serenity with these five financial wellness tips

A family economic health expert says there are good reasons why people avoid looking at their finances, so start small to increase confidence.
It’s tax season. Should you put money in RRSPs or TFSAs? (Shutterstock)

How to determine what’s better – RRSPs or TFSAs?

It’s never too early nor too late to start your saving program. Whether it’s an RRSP or TSFA – or preferably both – they are both important and easy ways to help you achieve your financial goals.

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