TFSA Contribution Limit 2024

Mohamed Konate

Mohamed Konate is a personal finance expert and blogger with years of experience in the Canadian financial industry. As a former financial services professional at major institutions, he developed a deep understanding of the financial challenges facing everyday Canadians. Passionate about helping others achieve financial success, Mohamed shares his insights and knowledge on this blog. He holds a Bachelor and a Master in Business Administration from universities in Quebec.

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Published by Mohamed Konate | Updated Jan 11, 2024

TFSA Contribution Limit 2024

Reading Time: 5 Min TFSA, short for tax free savings account, is a savings and investment tool introduced to Canadians in 2009. A TFSA is one of the most powerful financial tools available to Canadians because all investment income is tax free. However, before you begin to save and invest, there are some very important contribution rules to understand.… Continue reading

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Published by Mohamed Konate | Updated Dec 25, 2023

Best TFSA Savings Accounts in Canada in 2024

Reading Time: 8 Min The Best Tax Free Savings Accounts (TFSA) in Canada for 2024 At some point in time, someone probably told you to save your money. Actually… scratch that, someone has definitely told you to save! Although, what people may not have told you is what to do with those savings exactly. Setting money aside is a… Continue reading

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Published by Mohamed Konate | Updated Feb 04, 2025

Mortgage Payment Frequency Explained

Reading Time: 2 Min Mortgage Payment Frequency When taking out a mortgage, you have the option of choosing the payment frequency that suits you the most. Canadians have five different mortgage payment frequencies to choose from: monthly, bi-weekly, accelerated bi-weekly, weekly and accelerated weekly. While monthly payments are the most common, you can opt for more frequent payments… Continue reading

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Published by Mohamed Konate | Updated Feb 04, 2025

Real Estate Commissions: Everything You Need To Know

Reading Time: 4 Min Home prices across Canada are skyrocketing.According to the Canadian Real Estate Association (CREA), the national average homesale reached $661,788 in July 2021. With homes selling in larger volumes and athigher prices across the country, homeowners considering buying or selling are curious about fees associated with this expensive transaction. In home sales, thelargest fee is the… Continue reading

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Published by Mohamed Konate | Updated Feb 04, 2025

RRSP First Time Home Buyer’s Guide

Reading Time: 7 Min Are you planning to buy a home? Do you want to know how to make it possible? For many people, having their own home is a lifelong dream. However, the rising housing costs make it nearly impossible to do so.

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Published by Mohamed Konate | Updated Feb 04, 2025

What You Need to Know About Land Transfer Tax

Reading Time: 4 Min Perhaps you have been thinking about buying a new home and even have your eye on the one that you would like to buy. Before finalizing the process, take the time to know of the need to pay the land transfer tax.

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