TFSA – Spend or Invest Infographic
The TFSA Spend or Invest infographic invites clients to pause and consider a simple but powerful question: Should I enjoy this money today, or invest it for something more meaningful tomorrow?
Whether clients are thinking about holiday travel, larger purchases, or everyday comforts like weekly take-out, these decisions often compete with longer-term financial goals. The TFSA provides a flexible opportunity to reframe short-term spending as future possibility.
Weekly take-out for the family for a year adds up about the same as the maximum TFSA contribution.
Small Spending Choices, Big Financial Impact
It’s easy to underestimate how quickly everyday spending adds up. The cost of weekly take-out meals for a family over the course of a year—or a new big-screen TV—can total roughly the same amount as the annual maximum Tax-Free Savings Account contribution.
Instead of spending that amount in the short term, what if a client made a one-time TFSA investment of $7,000?
Spend Today or Invest for Tomorrow?
The TFSA Spend or Invest infographic highlights how a single TFSA contribution, left invested over time, can grow into something far more substantial. Depending on time horizon and rate of return, that one decision could help fund:
- Two years of university tuition
- A new car
- A meaningful future goal aligned with a client’s values
By visually comparing everyday spending with long-term outcomes, the infographic helps clients understand the opportunity cost of spending versus investing—without judgment.
A Conversation Starter for Advisors
Designed as a client-friendly reference tool, the TFSA Spend or Invest infographic supports conversations around priorities, trade-offs, and goal-based planning. It encourages clients to think beyond the immediate purchase and consider how today’s choices can shape tomorrow’s opportunities.
