RRSP vs TFSA What Is The Difference?

In this video I review the difference between RRSP's and TFSA's. A recent survey completed by on of Canada's biggest banks discovered that more than 25% of Canadians didn't know the difference between an RRSP and a TFSA. I explain the difference and how they are the same. I also explain a little bit about how the contrition to these work. I also talk about some savings strategies that first time home buyers can take advantage of using the RSP and TFSA! You can watch these videos here: https://youtu.be/VPM17DW856U https://youtu.be/GLwqZ4MLgXo If you want to know how much you qualify for, I have a couple of mortgage payment calculators that you can find on my website: https://mymortgagebroker.com/calculators You can also read about the Home Buyers Incentive here: https://mymortgagebroker.com/first-time-home-buyer-incentive/ Check Your Credit. If you aren't sure about your credit rating and don't want to speak with a broker or your banker yet, you can check it yourself. https://mymortgagebroker.com/get-your-credit-score Repair Your Credit here: https://mymortgagebroker.com/debt-rehab If you have some issues from the past, it's important to improve your credit so that you can qualify to purchase a home and also qualify for lower interest rates when you apply for loans.