This video is a beginner's guide on the FHSA (first home savings account). In this video you will learn everything you need to know; What is a FHSA? who is eligible? what assets can you hold? tax benefits? how contributions work? how withdrawals work?

------------------------

NEXT VIDEO SUGGESTION

RRSP Explained
   • RRSP Explained | Beginner's Guide (Ev...  

TFSA Explained
   • TFSA Explained: Beginner's Guide | Ta...  

------------------------

FOLLOW ME ON SOCIAL MEDIA
  / charlee.wayne  
  / charleewayne  
  / charleewayn  

SUBSCRIBE TO MY YOUTUBE CHANNEL TO HELP SUPPORT THE GROWTH OF MY CHANNEL.
https://www.youtube.com/charleewayne?...

--------------------

CHAPTERS
0:00 what is a FHSA?
2:00 tax deductible
2:42 tax-free withdrawals
3:16 how contributions work
4:41 withdrawing
5:32 how to increase your down payment

--------------------

DISCLAIMER - This is not a sponsored video, all my content is my own opinion and experiences. I am not a financial advisor and my videos are for entertainment purposes only. The financial products above contain affiliate links. Which means I earn a commission when signing up using my link at no extra cost to you. In most cases you get a sign-up bonus. All of my affiliate partners are with companies I use for my own personal finances.

Music: Coupe By The Grand Affair & Intentions - Anno Domini Beats
CREDIT: Subscribe Button by MrNumber112    • Free Download: Subscribe Button + Not...