This is the straightforward blueprint I'm following to retire as a millionaire. It's not a get rich quick scheme, if that's what you're here for you've come to the wrong channel. Instead I'm following a slow and steady process to build wealth over the course of my career, while ensuring I still get to enjoy and live my life comfortably day to day. The key is finding the right balance between spending and saving. From there, it's not hard to follow this path, diversify your streams of income, and use the stock market to grow your wealth.
Want to take control of your money but not sure where to start? Grab one of my free resources to get you on track:
- 3-Day Personal Finance Challenge: Break up with broke and learn the foundations of smart money management https://howtoadultschool.com/personal-finance-challenge-download-page
- First-Time Home Buyer’s Guide: Everything you need to know before buying your first home https://howtoadultschool.com/first-time-home-buyers-download-page
- Expense Tracker: Start tracking your spending and finally feel in control of where your money goes https://howtoadultschool.com/expense-tracker-download-page
My favourite personal finance tools:
- Wealthsimple (High-Interest Savings, Investing & TFSA/RRSPs): My favourite platform for personal banking AND investing wealthsimple.com/invite/OB9NB7
- EQ Bank (High-Interest Savings Account): Another great option for high interest savings accounts (for Canadians) join.eqbank.ca/?code=CORYNN4617
Ready to get serious about mastering your finances?
- Financial Foundations Course: Learn every personal finance skill we all *should* have been taught in school. https://howtoadultschool.com/financial-foundations-course
- Investing Essentials Course: Confidently start investing and grow your wealth https://howtoadultschool.com/investing-essentials-course
- Group Coaching Subscription: Get expert support & guidance every month https://howtoadultschool.com/group-coaching-program
Let’s connect!
- Instagram: https://www.instagram.com/howtoadultschool/
- Youtube: https://www.youtube.com/@howtoadultschool
- Website: https://howtoadultschool.com/
If you found this helpful, hit subscribe so you don’t miss future episodes, and leave a review to help other’s find the show!
Some of the links above are either affiliate or referral links meaning I receive compensation from their use. By signing up using these links you can help support my show.
All content for How To Adult Show is the property of How To Adult School and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
This is the straightforward blueprint I'm following to retire as a millionaire. It's not a get rich quick scheme, if that's what you're here for you've come to the wrong channel. Instead I'm following a slow and steady process to build wealth over the course of my career, while ensuring I still get to enjoy and live my life comfortably day to day. The key is finding the right balance between spending and saving. From there, it's not hard to follow this path, diversify your streams of income, and use the stock market to grow your wealth.
Want to take control of your money but not sure where to start? Grab one of my free resources to get you on track:
- 3-Day Personal Finance Challenge: Break up with broke and learn the foundations of smart money management https://howtoadultschool.com/personal-finance-challenge-download-page
- First-Time Home Buyer’s Guide: Everything you need to know before buying your first home https://howtoadultschool.com/first-time-home-buyers-download-page
- Expense Tracker: Start tracking your spending and finally feel in control of where your money goes https://howtoadultschool.com/expense-tracker-download-page
My favourite personal finance tools:
- Wealthsimple (High-Interest Savings, Investing & TFSA/RRSPs): My favourite platform for personal banking AND investing wealthsimple.com/invite/OB9NB7
- EQ Bank (High-Interest Savings Account): Another great option for high interest savings accounts (for Canadians) join.eqbank.ca/?code=CORYNN4617
Ready to get serious about mastering your finances?
- Financial Foundations Course: Learn every personal finance skill we all *should* have been taught in school. https://howtoadultschool.com/financial-foundations-course
- Investing Essentials Course: Confidently start investing and grow your wealth https://howtoadultschool.com/investing-essentials-course
- Group Coaching Subscription: Get expert support & guidance every month https://howtoadultschool.com/group-coaching-program
Let’s connect!
- Instagram: https://www.instagram.com/howtoadultschool/
- Youtube: https://www.youtube.com/@howtoadultschool
- Website: https://howtoadultschool.com/
If you found this helpful, hit subscribe so you don’t miss future episodes, and leave a review to help other’s find the show!
Some of the links above are either affiliate or referral links meaning I receive compensation from their use. By signing up using these links you can help support my show.
Episode #61: RRSP vs TFSA? The Strategy To Lower Your Taxes and Build Wealth
How To Adult Show
20 minutes 51 seconds
2 years ago
Episode #61: RRSP vs TFSA? The Strategy To Lower Your Taxes and Build Wealth
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
JOIN THE COMMUNITY AND START LEARNING
- The Expense Tracking and Values Based Spending Course https://howtoadultschool.thinkific.co...
- Website https://howtoadultschool.com/
- Instagram https://www.instagram.com/howtoadults...
- Tiktok https://www.tiktok.com/@howtoadultsch...
How To Adult Show
This is the straightforward blueprint I'm following to retire as a millionaire. It's not a get rich quick scheme, if that's what you're here for you've come to the wrong channel. Instead I'm following a slow and steady process to build wealth over the course of my career, while ensuring I still get to enjoy and live my life comfortably day to day. The key is finding the right balance between spending and saving. From there, it's not hard to follow this path, diversify your streams of income, and use the stock market to grow your wealth.
Want to take control of your money but not sure where to start? Grab one of my free resources to get you on track:
- 3-Day Personal Finance Challenge: Break up with broke and learn the foundations of smart money management https://howtoadultschool.com/personal-finance-challenge-download-page
- First-Time Home Buyer’s Guide: Everything you need to know before buying your first home https://howtoadultschool.com/first-time-home-buyers-download-page
- Expense Tracker: Start tracking your spending and finally feel in control of where your money goes https://howtoadultschool.com/expense-tracker-download-page
My favourite personal finance tools:
- Wealthsimple (High-Interest Savings, Investing & TFSA/RRSPs): My favourite platform for personal banking AND investing wealthsimple.com/invite/OB9NB7
- EQ Bank (High-Interest Savings Account): Another great option for high interest savings accounts (for Canadians) join.eqbank.ca/?code=CORYNN4617
Ready to get serious about mastering your finances?
- Financial Foundations Course: Learn every personal finance skill we all *should* have been taught in school. https://howtoadultschool.com/financial-foundations-course
- Investing Essentials Course: Confidently start investing and grow your wealth https://howtoadultschool.com/investing-essentials-course
- Group Coaching Subscription: Get expert support & guidance every month https://howtoadultschool.com/group-coaching-program
Let’s connect!
- Instagram: https://www.instagram.com/howtoadultschool/
- Youtube: https://www.youtube.com/@howtoadultschool
- Website: https://howtoadultschool.com/
If you found this helpful, hit subscribe so you don’t miss future episodes, and leave a review to help other’s find the show!
Some of the links above are either affiliate or referral links meaning I receive compensation from their use. By signing up using these links you can help support my show.