TFSA vs RRSP? TFSA or RRSP? TFSA and RRSP?

You continually hear people say tax-free savings or RRSP, or they say tax-free savings versus RRSP, so here's a little strategy where you can use both because they are meant to work together you set up a monthly plan going into your tax-free every month goes by a little bit more money goes to the tax rate now ideally before January 1st of the following year you take a portion of this money and move it over to your rsp or at least 60 days within the next year for the tax benefits now you continue to put more money the next year into the tax-free oh an emergency happens okay let's pull up some money here then the next year you put some more money in the tax-free the end of the year comes you have lots of money in there, so you move some over this strategy won't work for everybody, but there's a few numbers involved, but this be a very beneficial plan for you if you have any questions you can contact me.