Just popping in with your once a month reminder that if you're using your TFSA

Just popping in with your once a month reminder that if you're using your TFSA as a savings account, it's the equivalent of having a top of the line laptop and using it as a paperweight on your desk because you don't know how to turn it on. You don't know how it works. It's an enormous, enormous waste of money and potential. Don't blame yourself if you've been doing this so far, if you've been using your TFSA as a savings account because for some unknown reason they went ahead and named it the Tax Free Savings Account when really what they should have called it is the tax free investing account, right? You're meant to take money, take savings, put it into the TFSA and then invest that money so that it starts earning more money. And the TFSA comes along with a ton of fantastic tax advantages that make this a really spectacular account for Canadians to start building wealth, preparing for their retirement and basically just building financial freedom. If you start focusing on just doing two things with your personal finances, you can solidify your personal finance life. The first is learning how to live below your means, learning how to spend less money than you make. The second is taking that savings that you're generating by spending less than you make, putting it into your TFSA and start investing the money so that your money can start earning more money tax free and you can start building your wealth. If you want to learn more about it, drop the comments that you have in or drop the questions that you have in the comments. Also I'm teaching a webinar to The Money Club tonight all about TFSAs deep diving into TFSAs think of it as a love letter to Canada's most misunderstood and underused account. So if you want to get in and watch the webinar or if you want to watch the replay, which all the replays for the Money Club webinars are posted to the video library, you can sign up through the link in my bio.