{"id":81765,"date":"2024-01-08T16:53:18","date_gmt":"2024-01-08T21:53:18","guid":{"rendered":"https:\/\/www.rbcroyalbank.com\/en-ca\/?post_type=rbc_my_money_matter&#038;p=81765"},"modified":"2024-01-22T12:45:27","modified_gmt":"2024-01-22T17:45:27","slug":"how-to-make-your-money-work-harder-in-2024","status":"publish","type":"rbc_my_money_matter","link":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/inspired-investor\/investing-academy\/how-to-make-your-money-work-harder-in-2024\/","title":{"rendered":"How to Make Your Money Work Harder in 2024"},"content":{"rendered":"<div class=\"wp-block-rbc-single-article-header\">\n\t<section class=\"section-grey cover pad-t-hlf\">\n\t\t<div class=\"section-inner w-half w-mob-full centered-margin cover section-grey pad-tb-0\">\n\t\t\t\t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/economy\/\">\n\t\t\t\t\t\t\t<span>Economy<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<h1 class=\"mar-b-hlf mar-t-0 mob-pad-lr-hlf h2 has-black-color\">How to Make Your Money Work Harder in 2024<\/h1><p class=\"mar-b-0 mob-pad-lr-hlf author-text\">By The Inspired Investor Team<\/p>\t\t\t\t\t<div class=\"featured-image-wrapper pos-rel\">\n\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"579\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/01\/New-image.jpg?quality=80\" class=\" cover-image  wp-post-image\" alt=\"Cash register printing receipts\" srcset=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/01\/New-image.jpg 9925w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/01\/New-image.jpg?resize=300,170 300w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/01\/New-image.jpg?resize=768,435 768w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/01\/New-image.jpg?resize=1024,579 1024w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/01\/New-image.jpg?resize=1536,869 1536w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/01\/New-image.jpg?resize=2048,1159 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t<\/section>\n\t<div class=\"article mar-t-dbl\">\n\t\t\t\t<section>\n\t\t\t<div class=\"section-inner socials-section\">\n\t\t\t\t<div class=\"top-socials-bar mob-mar-b-hlf\">    <div class=\"social-links mob-mar-b-hlf mob-mar-t-hlf\">\n            <a class=\"social-button-wrapper sharing-custom sharing-email\" href=\"mailto:?subject=How to Make Your Money Work Harder in 2024 &#038;body=Hi, I thought you might be interested in this article from RBC My Money Matters: https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/inspired-investor\/investing-academy\/how-to-make-your-money-work-harder-in-2024\/\">\n        <img decoding=\"async\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-email.svg\"\n          alt=\"envelope icon\">\n        <span>\n          Email        <\/span>\n      <\/a>\n      <div class=\"social-button-wrapper sharing-copy-wrapper\">\n        <button class=\"sharing-custom sharing-copy\" data-url=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/inspired-investor\/investing-academy\/how-to-make-your-money-work-harder-in-2024\/\">\n          <img decoding=\"async\"\n            src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-related.svg\"\n            alt=\"copy icon\">\n          <span id=\"sharing-copyUrl-Label\">\n            Copy URL          <\/span>\n        <\/button>\n        <input type=\"text\" class=\"sharing-copy-text\" aria-labelledby=\"sharing-copyUrl-Label\">\n      <\/div>\n    <\/div>\n  <\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section>\n\t\t\t<div class=\"section-inner w-half w-mob-full centered-margin pad-tb-0 mob-mar-t-hlf mob-mar-b\">\n\t\t\t\t<p class=\"cover-pub-line text-xs mar-b-hlf\">Published January 8, 2024 \u2022 5 Min Read<\/p>\t\t\t<\/div>\n\t\t<\/section>\n\t<\/div>\n<\/div>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner w-half w-mob-full\" style=\"border-radius:0x\">\n<p>If you\u2019ve ever stocked up on fruit at a grocery store to take advantage of a sale, you\u2019ll know that buying too much can be a risky game. You might save some cash, but it could also be a waste if your produce goes bad before you\u2019ve had a chance to use it.<\/p>\n\n\n\n<p>Having excess savings simply sit in your bank account too long can also be wasteful. While money may not spoil, it can lose value over time due to inflation. Indeed, with prices rising by more than 3 per cent annually \u2013 above the Bank of Canada\u2019s 2 per cent inflation target \u2013 over the past two years, it\u2019s important that your money works hard in order to meet your financial goals.<\/p>\n\n\n\n<p>Here are some ideas that can help you get more from your dollars in 2024.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Consider bonds again<\/h2>\n\n\n\n<p>For much of investing history, people were happy to hold a portfolio consisting of 60 per cent stocks and 40 per cent bonds. Equities helped boost returns, while bonds provided steady income. The two asset classes would also balance each other out as their values tend to move in opposite directions.<\/p>\n\n\n\n<p>Unfortunately, 2022 was a tough year for stocks and bonds \u2013 which both sank at the same time. But now, with bond yields higher than they\u2019ve been in a long time thanks to central banks boosting interest rates over the last two years, it may be time to add more fixed income to a portfolio, says personal finance columnist and author Jonathan Chevreau. &nbsp;&nbsp;<\/p>\n\n\n\n<p>The changing rate environment also has him more interested in something few have talked about for a while \u2013 the Guaranteed Investment Certificate (<a href=\"https:\/\/www.rbcroyalbank.com\/investments\/gics.html\" data-dig-id=\"LP-81765-21311bfd\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"GIC\" class=\"rbc-link-format\">GIC<\/a>), a secure investment that guarantees 100 per cent of your principal plus interest if held for their term. Today, GICs are offering yields of close to five per cent, up from just one or two per cent in 2021.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Revisit your asset mix&nbsp; &nbsp;<\/h2>\n\n\n\n<p>Markets are constantly moving up and down. With stock markets doing relatively well in 2023, there\u2019s a good chance that you have more money in equities now than you may have had at the start of the year. Depending on what you hold, your allocation to stocks could be a lot higher than where you typically would like it to be \u2013 maybe you\u2019re now holding 70 per cent in stocks versus the 50 per cent you\u2019re more comfortable with. It\u2019s called portfolio drift, and it\u2019s a common occurrence<sup>1<\/sup>&nbsp;for investors.<\/p>\n\n\n\n<p>Now\u2019s the time to get your portfolio back in balance. Not only will you feel better about your money when markets inevitably bounce around again, but over the long term, research shows you could end up with slightly higher returns than if you simply let your allocations slide. According to Morningstar<sup>2, 3<\/sup>, which looked at market data between 1994 and 2020, annual rebalancing resulted in a 6.13 per cent 20-year annualized return versus a 5.79 per cent return for no rebalancing.<\/p>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block inner-section-grey section-inner  mar-b-hlf mob-mar-b-hlf\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-horizontal is-content-justification-left is-nowrap is-layout-flex wp-container-core-group-is-layout-e0598304 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-rbc-icon-block\"><img loading=\"lazy\" decoding=\"async\" width=\"75\" height=\"75\" class=\"icon icon-80\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/\/assets\/img\/icons\/icon-learn-more.svg\" alt=\"icons\/icon-learn-more\" \/><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading mar-t-qtr mar-r mob-mar-r mar-l mob-mar-l\">Invest for a Better Return on Life<\/h2>\n<\/div>\n\n\n\n<p class=\"pad-l-dbl mar-t-qtr mar-l-dbl\">Work with an advisor, be hands off or take control.<\/p>\n\n\n\n<p class=\"mar-l-dbl pad-l-dbl\"><a href=\"https:\/\/www.rbcroyalbank.com\/dms\/wis2024\/psi.html\" target=\"_blank\" data-dig-id=\"LP-58003-b5ada78a\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Learn More\" class=\"rbc-link-format goto-link\" data-icon-class=\"goto-link\" rel=\"noreferrer noopener\">Learn More<\/a><\/p>\n<\/div>\n<\/section>\n\n\n\n<h2 class=\"wp-block-heading\">Max out your tax savings<\/h2>\n\n\n\n<p>With costs on just about everything increasing, finding ways to keep more money in your pockets is critical. Taking advantage of registered accounts like the Registered Retirement Savings Plan (<a href=\"https:\/\/www.rbcroyalbank.com\/investments\/rrsp.html\" data-dig-id=\"LP-81765-03852012\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"RRSP\" class=\"rbc-link-format\">RRSP<\/a>), Tax-Free Savings Account (<a href=\"https:\/\/www.rbcroyalbank.com\/investments\/tfsa.html\" data-dig-id=\"LP-81765-f3e7fc3d\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"TFSA\" class=\"rbc-link-format\">TFSA<\/a>) or the newly launched First Home Savings Account (<a href=\"https:\/\/www.rbcroyalbank.com\/investments\/fhsa.html\" data-dig-id=\"LP-81765-00f9c3ae\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"FHSA\" class=\"rbc-link-format\">FHSA<\/a>) are some good options for better tax efficiency.<\/p>\n\n\n\n<p>These are tax-advantaged accounts that help you grow your money. With the RRSP, you only pay tax when you withdraw (ideally in retirement when your income may be smaller and you may be in a lower tax bracket). Money inside of a TFSA is not taxed on withdrawal. Chevreau says he has become a fan of the FHSA, which launched in April 2023. You can deduct contributions from your income like with an RRSP (and potentially get a tax refund) and then withdraw without paying anything, like with a TFSA, as long as the money is used to for a qualifying purchase. &nbsp;&nbsp;<\/p>\n\n\n\n<p>If you already have a TFSA but want to take advantage of the new FHSA, you could transfer up to $8,000 from your TFSA to an FHSA and deduct the FHSA contribution from your income, he says. Then, if you get a refund, you could return some of the money back into your TFSA the following year.<\/p>\n\n\n\n<p>The more you can save in these kinds of accounts versus non-registered accounts, which are taxable, the more money you can potentially put to work for you.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Pay down debt<\/h2>\n\n\n\n<p>Before you can make your money work harder, you should consider paying off any high-interest credit card loans. With that kind of debt \u2013 and many cards charge upwards of 21 per cent interest on a balance \u2013 your money is working harder for your lender instead of you.<\/p>\n\n\n\n<p>Most finance experts, including Chevreau, suggest paying off debt before doing anything else. Once you have a clean statement, you can start putting the money that you would have used to service your loans into the market. \u201cIf you want your money to work harder for you, the best way is to eliminate all debt,\u201d says Chevreau. \u201cIt\u2019s almost a no-brainer.\u201d<\/p>\n\n\n\n<p>While there are many other strategies you can use, these four will go a long way to helping you save even more in the coming year. Consider speaking with a financial professional who can help to guide your saving and investing strategy, or try <a href=\"https:\/\/www.rbcroyalbank.com\/investments\/myadvisor.html\" data-dig-id=\"LP-81765-eae2579e\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"MyAdvisor\" class=\"rbc-link-format\">MyAdvisor<\/a>, a free digital advice platform to help you stay on top of your money and reach your goals.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide wide\" \/>\n\n\n\n<p><a id=\"_msocom_1\"><\/a><\/p>\n\n\n\n<p>&nbsp;<sup>1<\/sup>RBC Global Asset Management, The Benefits of rebalancing your asset allocation over time<a id=\"_msocom_2\"><\/a><\/p>\n\n\n\n<p>&nbsp;<sup>2<\/sup> Morningstar, Why rebalancing almost always pays off<a id=\"_msocom_3\"><\/a><\/p>\n\n\n\n<p>&nbsp;<sup>3<\/sup> Morningstar, Why rebalancing almost always pays off<\/p>\n\n\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-rbc-rbc-default-collapsible\"><p><button class=\"collapse-toggle collapsed\" data-target=\"#collapse834a1009\" data-toggle=\"collapse\" aria-expanded=\"false\" aria-controls=\"collapse834a1009\" data-dig-id=\"LP-57738-834a1009\" data-dig-category=\"LP\" data-dig-action=\"accordion closed\" action-closed=\"accordion closed\" action-opened=\"accordion open\" data-dig-label=\"Things our lawyers want you to know\"><span>Things our lawyers want you to know<\/span><span>Things our lawyers want you to know<\/span><\/button><\/p><div class=\"collapse-content collapse\" id=\"collapse834a1009\">\n<div class=\"wp-block-rbc-collapsible-inner-block collapse-inner\">\n<p>This article is intended as general information only and is not to be relied upon as constituting legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. Information presented is believed to be factual and up-to-date but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or any of its affiliates.<\/p>\n<\/div>\n<\/div><\/div>\n\n\n\n<p class=\"has-text-align-center h5 mar-b\"><strong>Share This Article<\/strong><\/p>\n\n\n\n\t\t<div class=\"socials-block\">\n\t\t\t    <div class=\"social-links mob-mar-b-hlf mob-mar-t-hlf\">\n            <a class=\"social-button-wrapper sharing-custom sharing-email\" href=\"mailto:?subject=How to Make Your Money Work Harder in 2024 &#038;body=Hi, I thought you might be interested in this article from RBC My Money Matters: https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/inspired-investor\/investing-academy\/how-to-make-your-money-work-harder-in-2024\/\">\n        <img decoding=\"async\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-email.svg\"\n          alt=\"envelope icon\">\n        <span>\n          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mar-r-hlf\">Topics:<\/p>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/economy\/\" class=\"btn topic mar-t-0 mar-r-qtr mar-b-hlf\">Economy<\/a>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/inflation\/\" class=\"btn topic mar-t-0 mar-r-qtr mar-b-hlf\">Inflation<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel mob-pad-t-dbl\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<h2 class=\"wp-block-heading mar-b mob-mar-b-dbl mar-t-0\" id=\"h-read-this-next\">Read This Next<\/h2>\n\n\n\t\t\t<div class=\"related-posts-type-2\">\n\t\t\t\t<div class=\"related-post-list\">\n\t\t\t\t\t<ul class=\"grid-wpr eh-wpr\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class= 'grid-one-third grid-tb-full grid-mob-full mar-b'>\n\t\t\t\t\t\t\t\t\t\t<article class=\"col-wpr mar-b-0 mar-r-0 mar-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"postcard-img-ctr post-card-image col-md-12 col-xs-6 mob-mar-b-0 pad-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"930\" height=\"620\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2023\/09\/TDD-2.jpg?quality=80&amp;w=930\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Young man working at a desk with a laptop and looking at a paper desk calendar.\" srcset=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2023\/09\/TDD-2.jpg 930w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2023\/09\/TDD-2.jpg?resize=300,200 300w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2023\/09\/TDD-2.jpg?resize=768,512 768w\" sizes=\"auto, (max-width: 930px) 100vw, 930px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"card-details mob-mar-b-0 mob-mar-t-0 pad-r-0 col-md-12 col-xs-6\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"primary-taxonomy primary-link\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/inspired-investor\/investing-academy\/\">\n\t\t\t\t\t\tInvesting Academy\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/inspired-investor\/investing-academy\/last-minute-rrsp-planning-deadline-limits-and-more\/\" class=\"card-title h4 mar-t-0\">RRSP Contribution Deadline &amp; Limits Guide<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class= 'grid-one-third grid-tb-full grid-mob-full mar-b'>\n\t\t\t\t\t\t\t\t\t\t<article class=\"col-wpr mar-b-0 mar-r-0 mar-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"postcard-img-ctr post-card-image col-md-12 col-xs-6 mob-mar-b-0 pad-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2025\/01\/How-TFSA-work-shutterstock_2382160079.jpg?quality=80&amp;w=1024\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"A young woman deep in thought\" srcset=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2025\/01\/How-TFSA-work-shutterstock_2382160079.jpg 8640w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2025\/01\/How-TFSA-work-shutterstock_2382160079.jpg?resize=300,200 300w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2025\/01\/How-TFSA-work-shutterstock_2382160079.jpg?resize=768,512 768w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2025\/01\/How-TFSA-work-shutterstock_2382160079.jpg?resize=1024,683 1024w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2025\/01\/How-TFSA-work-shutterstock_2382160079.jpg?resize=1536,1024 1536w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2025\/01\/How-TFSA-work-shutterstock_2382160079.jpg?resize=2048,1365 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"card-details mob-mar-b-0 mob-mar-t-0 pad-r-0 col-md-12 col-xs-6\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"primary-taxonomy primary-link\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/money-academy\/banking-basics\/account-types\/\">\n\t\t\t\t\t\tAccount Types\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/money-academy\/banking-basics\/account-types\/tax-free-savings-account\/\" class=\"card-title h4 mar-t-0\">TFSA Accounts: What They Are and How They 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