Should I Use My TFSA To Pay Down Debt?

Times have shifted fast and dramatically for many Canadian families. Interest rates, groceries, automotive costs- there isn’t a thing that doesn’t seem much more expensive than mere years ago. With inflation affecting everyone, it may be a time when you are considering dipping into a TFSA to cure some unanticipated or necessary debts. As with many financial conundrums, the answer comes in the form of a question. Kent offers an idea to help your decision and some groundwork for plans in the aftermath.