@calmmoneycoach: Where Your Next Dollar Should Actually Go (The Order Most Canadians Get Wrong) Most people don't have a money problem. They have an order problem. Everyone asks where their next dollar of savings should go, RRSP, TFSA, mortgage, the kids' RESP. And almost everyone reaches for a rule someone handed them. The rule is wrong about half the time, because it can't see your life. Here's the order to think it through: Free and guaranteed money first. An employer match and a 20% credit card beat anything you'll ever invest in. Then the grants almost nobody claims: RESP, Canada Learning Bond, the disability grant. Then the one people get wrong. Almost everyone tells me they'll be in a high tax bracket in retirement. Almost nobody is. Your first 16,452 dollars is taxed at zero federally every year, the age and pension credits shelter thousands more at 65, and pension splitting lets a couple fill two sets of low brackets instead of one high one. So plan around your replacement rate, not the bracket you fear. That's why your own numbers matter more than any rule. The same RRSP that's brilliant for one family is the worst account another family owns, once GIS clawbacks enter the picture. Same logic for business owners: salary usually wins, but an unused capital dividend account can flip it to dividends entirely. The order matters more than the amount. A small amount in the right place beats a big amount in the wrong one, every time. The full calculator that runs all 22 options on your exact numbers lives in the Calm Money Community. Paid membership, link through my website. Educational, not advice. Confirm your own numbers before acting. #CanadianFinance #RRSP #TFSA #PersonalFinanceCanada

Brian | Calm Money Coach

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Wednesday 24 June 2026 20:48:09 GMT