The Financial Coach

MANAGING PEOPLE AND THEIR EMOTIONS AROUND MONEY

Tax-free savings accounts – another half-baked offering!

I was recently interviewed on radio about the new tax-free savings accounts (TFSA) that are being introduced on 1 March 2015. Any attempts to encourage savings in a country where household debt levels hover around 80% needs to be applauded and encouraged but as I prepared for the session I found it increasingly difficult to …