Which Account Should You Open First? TFSA vs RRSP vs FHSA | Toby Manson

Confused about where to start with your investments? In this episode, Christi Rae sits down with Toby Manson, CPA and certified financial planner with IG Wealth, to break down Canada’s key savings accounts: TFSA, RRSP, and FHSA. Learn which account to open first, when to start contributing to an RRSP, and how the FHSA can help first-time homebuyers. Perfect for beginners, young adults, and parents who want to raise money-smart kids. This episode gives you the confidence and language to take control of your finances, one step at a time.Chapter List:00:00 Introduction to Financial Literacy for Parents00:48 Understanding TFSA, RRSP, and FHSA02:51 Tax Benefits of Registered Accounts05:11 Choosing the Right Account for Young Adults07:11 Transitioning from TFSA to RRSP07:43 Overcoming Financial Intimidation08:51 Navigating DIY Investing vs. Financial Planning10:20 Understanding Financial Planning for Beginners11:35 Building Relationships with Financial Advisors12:38 Balancing Saving and Enjoying Life13:27 Key Takeaways for Young Investors14:35 Summary