A stash for cash, or investment vehicle?

JOHN HEINZL | Globe and Mail | Published 

Despite their many benefits, TFSAs aren’t appropriate for everyone. Jason Heath, a certified financial planner with EES Financial Services in Markham, Ont., says people with credit card and other consumer debts should pay off their balances before they think about opening a TFSA. Paying off one’s mortgage first is also a good idea, he said. read full article

This article is intended for educational purposes only and does not constitute personalized advice. The strategies and information discussed may not be suitable for your individual situation or may not be up-to-date and current. Please seek guidance from a licensed professional for advice specific to your circumstances.

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