Skip to main content

Featured

RRSP vs TFSA vs FHSA — Which Should You Prioritize in 2026?

  Published: April 2026 | Reading time: 11 min | Category: Investing, Personal Finance, Tax Savings Three registered accounts. Three sets of rules. And most Canadians are using at least one of them wrong. The RRSP, TFSA, and FHSA each offer powerful tax advantages — but they work in completely different ways, and the right priority order depends entirely on your income, your goals, and your timeline. Picking the wrong one first can cost you thousands in taxes over your lifetime. This guide breaks down exactly how each account works, who it's best for, and the optimal contribution strategy for 2026 based on your situation. A Quick Overview of All Three Accounts Before diving into strategy, here's how each account actually works: RRSP TFSA FHSA Contribution deductible? Yes No Yes Growth taxed? No No No Withdrawals taxed? Yes (as income) No No (if for a first home) 2026 annual limit 18% of income, max $32,490 $7,000 $8,000 Lifetime li...
Post a Comment
Read more

article

Labels

6 Tips for Stress-Free Holiday Travel


Here are some tips to help you avoid holiday travel stress and stay mindful on the go:

  • Prepare for what you can: Don’t wait until the last minute to begin packing. Have your travel information in an accessible place. If you’re arriving late at night, consider locking down transportation beforehand. If it calms you down to read, listen to music, a podcast, or journal while traveling, make sure you have it packed or downloaded.
  • Stay mindful: Take deep breaths, stretch, and stay hydrated. If you’re feeling overwhelmed, take a break and find a quiet place to sit and relax.
  • Be flexible: Flight schedules and weather patterns pay no attention to your plans. Be prepared to adjust your itinerary if necessary.
  • Pack smart: Pack light and only bring what you need. Consider shipping gifts ahead of time to avoid the hassle of carrying them with you.
  • Stay healthy: Wash your hands frequently and wear a mask. If you’re feeling unwell, stay home.
  • Stay positive: Remember that holiday travel is stressful for everyone. Try to stay positive and focus on the good times ahead.

Hopefully these tips will help you have a more enjoyable holiday travel experience! 

Labels:

Comments

Post a Comment