RRSP vs TFSA vs FHSA: Which One Is Right for You? | Dwight Heck

Dwight Heck on RRSP vs TFSA vs FHSA, Give A Heck Podcast with Dwight Heck

RRSP vs TFSA vs FHSA: Which One Is Right for You? | Dwight Heck

🎧 Listen and Watch Give A Heck Podcast

RRSP vs TFSA vs FHSA is the question most Canadians never get a straight answer to. In this solo episode, Dwight Heck explains how the Registered Retirement Savings Plan (RRSP), Tax-Free Savings Account (TFSA), non-registered account and First Home Savings Account (FHSA) work, plus the 401(k) and Roth Individual Retirement Account (Roth IRA) for American listeners.

🎤 Give A Heck Podcast

Real conversations and solo episodes about purpose, financial stewardship, mindset, leadership, and intentional living.

🔍 Episode Overview

Almost every Canadian has heard of the Registered Retirement Savings Plan (RRSP), and very few can explain why they have one. In this solo episode, Dwight Heck starts with the question almost nobody asks: will your tax rate be lower when you take the money out than when you put it in? The February ads and the spring refund make the RRSP feel like a gift. It is a deferral, and whether it is a good deal depends on that one question.

From there, Dwight walks through how each of the main accounts works, using a $100,000 income and 2026 numbers. He covers the RRSP deduction and the real size of the refund, how your province affects it, how to get the tax savings in every paycheque instead of waiting for spring, contribution limits, employer matching, and the tax on the way out, including withholding rates, the conversion to a Registered Retirement Income Fund (RRIF) at 71, and how withdrawals can trigger the Old Age Security (OAS) clawback.

He then explains the Tax-Free Savings Account (TFSA), the non-registered account, which he calls a very powerful investment vehicle, and the First Home Savings Account (FHSA), with a plain look at how interest, dividends, capital gains and the Adjusted Cost Base (ACB) are taxed. American listeners get a short map of the 401(k) and the Roth Individual Retirement Account (Roth IRA) as the closest comparisons.

Throughout, Dwight keeps coming back to one point: the accounts are tools, and the five stages come before any product. Your story, your goals, your numbers, protecting your family, and the savings rule are the plan. He closes with two questions to ask any advisor before you open an account.

📚 What You Will Learn in This Episode

  • Why the RRSP refund is a deferral, not a gift, and the one question that decides whether it is a good deal
  • How the RRSP deduction, your tax bracket and your province determine what you really get back
  • Why the tax on the way out, the RRIF conversion at 71 and the OAS clawback matter before you put everything in one account
  • How the TFSA, FHSA and non-registered account work, and how interest, dividends and capital gains are taxed
  • How the 401(k) and Roth IRA compare to the RRSP and TFSA for American listeners
  • Why the five stages come before any account, and why the right mix usually depends on you
  • Two questions to ask any advisor: how are you paid, and what are the downsides

📵 Chapter Summaries

[00:00] Teaser and Show Introduction

Dwight opens with the question almost nobody asks about an RRSP, then the standard Give A Heck introduction.

[01:25] Welcome and What You Will Get Today

Dwight opens with the RRSP, an account almost every Canadian has heard of and few can explain, and lays out the plan: the main Canadian accounts, plus the 401(k) and Roth IRA for American listeners.

[02:21] Where Dwight Can Help, and the Five Stages

Dwight explains where he is licensed, why products without planning are hollow, and the five stages that come before any account: your story, your goals, your numbers, protecting your family, and the savings rule.

[04:06] The Question Behind Every RRSP

The February ads and the spring refund feel like a gift. They are a deferral, and whether it is a good deal depends on whether your tax rate will be lower when you take the money out.

[04:33] How an RRSP Works

A $100,000 income and a $10,000 contribution show how the deduction works and why the refund is the tax on the contribution, not the contribution itself.

[05:25] Tax Brackets and What You Really Get Back

Why the refund depends on your bracket, how your province changes the rate on your next dollar, and the Alberta example at about 30.5%, which returns roughly $3,050 on a $10,000 contribution.

[07:28] Getting the Tax Savings Without Waiting Until Spring

Payroll contributions reduce tax right away, and the CRA T1213 form lets you ask to have less tax withheld if you contribute on your own.

[08:25] Contribution Limits and When the RRSP Falls Short

The 1% a month penalty on excess contributions, why a low income often makes the TFSA the better place to start, the 2026 limit of $33,810, and why the account and the investment inside it are two separate decisions.

[10:13] Your Employer and Your RRSP

About half of Dwight’s clients have an employer contributing. Take the match every time, and know that it is a reported taxable benefit that also uses up your room.

[11:27] The Tax on the Way Out

Every dollar withdrawn is taxable income, the withholding rates are a prepayment and not your final bill, and the account must convert to a RRIF by the end of the year you turn 71.

[12:57] The OAS Clawback

How RRSP and RRIF withdrawals count as income, can trigger the Old Age Security recovery tax, and why TFSA withdrawals do not.

[14:19] The TFSA

Money in after tax, growth and withdrawals tax-free, the 2026 limit of $7,000, the $109,000 total room, and the penalty for going over.

[15:43] The Non-Registered Account

No limits, no age rules and no forced withdrawals. Only the growth is taxed, and the original money you put in never is.

[17:33] Three Levels of Tax and the Adjusted Cost Base

Interest, dividends and capital gains are taxed differently, a $20,000 gain example shows the numbers, and the Adjusted Cost Base keeps you from being taxed twice on the same growth.

[20:20] The FHSA

Deduction going in and tax-free coming out for a first home. $8,000 a year, $40,000 over a lifetime, and why the order matters when parents help with a down payment.

[21:17] So Which Accounts Should You Use?

For most people it is a combination, and the honest answer is that it depends. Dwight walks through examples that show the idea, not advice for you.

[22:14] The Five Stages Come Before Any Product

Your story, your goals, your numbers, protection, and the savings rule, and why the account is the last decision, not the first.

[23:38] For My American Listeners

The 401(k) as the closest match to the RRSP, the Roth IRA as the closest match to the TFSA, and a warning for Americans living in Canada.

[25:28] Two Questions to Ask Any Advisor

How are you paid when I use this account? And why this account for me, and what are the downsides?

[26:00] The Answer Is the Plan

Every account can be a tool or a trap. None of them is the answer by itself, and the plan around them is.

🎯 Key Takeaway

The account is never the answer by itself. An RRSP can be a good tool or a trap, a TFSA can be a quiet superpower, a non-registered account gives you freedom, and an FHSA can change a young family’s future, but the right mix depends on your income today and later, your goals, and your life. Know your story, your goals and your numbers, protect your family, and pay yourself first with the savings rule. Then choose the accounts.

💬 Continue the Conversation

If this episode resonated with you, here are related episodes to explore:

Stage three of the five stages: the budget and net worth work that comes before any account.

Stages four and five: protecting your family and the savings rule that funds every account.

A guest story about rebuilding financially, and why the plan matters more than the product.

On the hidden beliefs behind your decisions, the same ground as stage one and your money monsters.

On how persuasion works, useful context for the two questions to ask any advisor.

🔑 Key Themes Discussed

  • The RRSP refund as a deferral, not a gift
  • The tax on the way out, the RRIF and the OAS clawback
  • Three levels of tax in a non-registered account: interest, dividends and capital gains
  • Accounts as tools, with the five stages of planning coming first
  • Two questions to ask any advisor

👤 About Dwight Heck

Dwight Heck is a financial and life coach licensed in Alberta and British Columbia, operating as Give A Heck Financial through Hub Financial Inc. He has been in financial services since September 2001, after pivoting from a career in IT consulting. Over 24 years, Dwight has developed The Purpose Rules, a five-step coaching process, and the 7 Pillars of Intentional Living framework. He is the host of the Give A Heck Podcast, a globally ranked show with listeners in over 85 countries, and the Amazon bestselling author of Give A Heck: How to Live Life on Purpose and Not by Accident. Dwight is based in the Edmonton, Alberta area and is a single dad of five.

🤝 Connect with Dwight Heck

🎧 Listen and Watch This Episode

💭 Final Thoughts

Before you decide between an RRSP, a TFSA, an FHSA or a non-registered account, take a step back and ask what the money is for. Products without planning are hollow, and the plan starts with you. Ask yourself which of the five stages you have actually done, and which one you have been avoiding.

📣 Call to Action

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💬 Ready to build the plan before you pick the product?

📝 Full Episode Transcript

[00:00:00] Speaker: Do you know why you have an RRSP? Most people tell me the same thing. The ads come out in February. The refund shows up in the spring, and it feels like a gift. It’s not a gift, it’s a deferral. The government is saying, pay me later. And whether that’s a good deal depends on one question.

[00:00:22] Almost nobody asks. Will your tax rate be lower when you take this money out than when you put it in?

[00:00:30] Welcome to Give a Heck. I am your host, Dwight Heck, and for much of my life, lived my life in quiet, desperation wondering how I was going to pay the bills, take vacations, save for retirement, and one day wondering if I would get off the hamster wheel of life and have purpose, a life that most of society lives, which takes us to work, then home, then repeat, and pays us hopefully enough.

[00:00:54] Just to survive the harsh truth that most live with more months than money and have no idea how to live life on purpose, not by accident. This ensures the mass majority are living not just financially broke, however, emotionally and mentally as well. Due to financial pressures and each episode, I will introduce you to thoughts, ideas, and guests that can help you to learn how you too can live life on purpose, not by accident.

[00:01:25] Speaker: Welcome back to the Give a Heck podcast. I’m your host, Dwight Heck, and today I want to talk about an account that almost every Canadian has heard of and very few can actually explain the Registered Retirement Savings Plan or RRSP. Before we start, here’s what you’ll get today. I have a large listening audience in the United States, so I’m going to do two things.

[00:01:55] I’ll walk through the main accounts Canadians use to build a life on purpose, the RRSP, the Tax-Free Savings Account, or TFSA non-registered accounts, and the First Home Savings Account, or FHSA, and for my American listeners, I’ll explain your alternatives too, like the 401k and the Roth individual retirement account.

[00:02:21] No matter which side of the border you’re on, you’ll leave better educated. Here’s why I’m upfront with you. I’m a financial and a life coach licenced for financial products in Alberta and British Columbia with over 24 years in this industry, outside of those two provinces, including the United States.

[00:02:45] I can’t help you with products, but I can help you with no matter what country you’re listening from through the five stages of the framework, which we’ve been talking about on recent episodes of Give a Heck. And those five stages done before any product are the most important thing you can do to increase your chances of success and of living a purposeful life.

[00:03:13] Because products without planning are hollow. They can work for some people, but most people who don’t understand their own life and their own money monsters don’t succeed. They end up as one of the 91 out of a hundred who are dead or dead broke by 65. That number is approximate. It could be higher or lower depending on where you live.

[00:03:41] So as you listen, keep the five stages in mind. Stage one, your story, including your money monsters. Stage two, your goals, stage three, your numbers. Stage four, making sure your family is protected, which is paramount. And stage five, the savings rule, which is what makes it all work. The accounts are tools.

[00:04:06] Those five stages are the plan. Now, let me start with a question. Do you know why you have an RRSP? Most people tell me the same thing. The ads come out in February. The refund shows up in the spring, and it feels like a gift. It’s not a gift, it’s a deferral. The government is saying, pay me later. And whether that’s a good deal depends on one question.

[00:04:33] Almost nobody asks. Will your tax rate be lower when you take this money out than when you put it in? That’s the RRSP question. By the end of this episode, you’ll know how to think about it. Let’s start simple. An RRSP is a registered retirement savings plan. Here’s how the tax part works, and I’ll use a simple example.

[00:04:59] Say you earn a hundred thousand dollars this year and you put $10,000 into your RRSP, when your taxes are calculated, that 10,000 comes off your income. So instead of paying tax on a hundred thousand, you pay tax on 90,000. Now here’s where people get confused. Your employer has been taking tax off every paycheck based on the full hundred thousand.

[00:05:25] So when you file, the government sees you overpaid and the difference comes back to you as a refund. How big is that refund? Not $10,000. The refund is only the tax on that 10,000, and that depends on your tax bracket. Federal rates are the same across the country.

[00:05:46] Then every province and territory adds its own rate on top. So what you actually pay on your next dollar depends on where you live at a hundred thousand dollars of income. It’s about 28% in British Columbia and 30.5% in Alberta, Ontario. Our largest province is about 31 and a half. Out in the Maritimes, it climbs it’s about 34.5%.

[00:06:10] In New Brunswick, about 37% in Prince Edward Island, and about 38% in Nova Scotia. The other provinces fall in between. In the territories, it runs lower about 27% Nunavut, about 29% in the Northwest Territories and about 29.5% in the Yukon. The numbers I’m using today are Alberta’s at a hundred thousand of income.

[00:06:35] The combined federal and Alberta rate on your next dollar is about 30.5%. So a $10,000 contribution returns roughly $3,050. Lower income gets less in Alberta. That rate starts at around 22%. Higher incomes get more up to about 48% at the very top, and that refund is not free money. It’s your own money.

[00:06:59] It’s part of the tax you already paid coming back to you, and you pay it because later, when you take the money out of the RRSP, every dollar is taxed as income. Meanwhile inside the account, your money grows without being taxed each year. So the whole deal is this, a portion of your tax back now growth, sheltered, taxed coming out now, you don’t have to wait until spring for that tax savings.

[00:07:28] If you contribute through your employer’s payroll, the tax taken off each paycheck is usually reduced right away. So you see it as more take home pay. If you contribute on your own. You can ask the Canadian Revenue Agency the CRA for permission to have less tax withheld. You fill out a CRA form called a T1213 request to reduce tax deductions at source.

[00:07:58] The CRA sends back an approval letter and you give that letter to your payroll department. Then you get the benefit in every paycheck instead of in one refund next spring. Either way, there’s a limit. You can’t go over your contribution room and every dollar you put in counts against it, including the dollars your employer matches.

[00:08:25] If you go over by more than a small $2,000 cushion, the CRA charges a penalty of 1% a month on the excess, which brings me to something that doesn’t get said enough. If your income is low, the RRSP is often a poor choice. You get little back and if you don’t owe much tax, you may get nothing back at all. So you lose the very benefit.

[00:08:53] The RRSP is built around the tax savings, and later when you take that money out, it’s still taxed. It also counts as income, which can reduce benefits that are tied to income. For lower income retirees, that’s the guaranteed income supplement or GIS. For higher income retirees, it can be the old age security or OAS for a lot of lower income earners.

[00:09:21] The TFSA is the better place to start. How much can you put in your room is 18% of last year’s earned income up to a maximum. That changes every year for 2026. That maximum is $33,810. And if you don’t use your room, it carries forward. It doesn’t disappear. Now, here’s something I want you to understand.

[00:09:47] Early, an RRSP is not itself an investment. It’s an investment vehicle. It’s a type of account that holds your investments. You can hold cash in it. Funds, stocks, bonds, a lot of things. People say, I have an RRSP at 2%. When they mean the investment inside is earning 2%, the account and the investment are two different decisions.

[00:10:13] Now let me clear up something I hear a lot. People think an RRSP is something you’ll do all on your own. Not always. About half of my clients have an employer putting money into their RRSP. It’s usually a corporation or a government employer. They’ll ask you to put in a certain percentage and they match it.

[00:10:39] It’s often in the range of two to 3% of your pay, and sometimes it goes as high as five. If your employer offers that, take it every time it’s free money and nothing else in this episode beats it. One thing to know when your employer puts money into your RRSP, the CRA treats it as a taxable benefit.

[00:11:03] It shows up on your T4 slip, the tax slip, your employer files as income, and you get the RRSP deduction to offset it. So it’s not a trick and it’s not hidden. It’s reported properly, and your employer’s contributions use a part of your RRSP room along with yours. Not sure what your employer offers.

[00:11:27] Ask your payroll or human resources department this week. Now let’s talk about what nobody puts in the February add. When you take money out of an RRSP, all of it is taxable. Your original contribution and your growth, all of it is added to your income for that year. When you withdraw, your bank will hold back tax at the source.

[00:11:53] It’s 10% in amounts, up to 5,000, 20% on amounts, up to 15,000, 30% on anything above that. I want you to hear this. Clearly. That’s not your final tax bill. It’s a prepayment. What you really owe depends on everything else you earned that year. So if you pull a large amount in a year when you’re also earning a good income, a big chunk of it can land in a high bracket.

[00:12:25] You may have saved tax at a low rate going in and paid it at a high rate coming out. That’s the RRSP trap, and it’s not a trap everyone falls into, it depends on your income now and your income later. And one more thing, you can’t leave an RRSP alone forever. By December 31st of the year, you turn 71. It has to convert usually into what’s called a registered retirement income fund or a RRIF.

[00:12:57] And the government makes you take a minimum amount out every year. You don’t get to choose to leave it at all alone. Here’s one more consequence that surprises people. OAS is the pension. The government pays most Canadians starting at 65, it’s income tested. If your net income gets too high, the government takes some of it back.

[00:13:22] They call it a recovery tax. Everyone else calls it the claw back. For 2026 income, it starts at around 95,000 of net income. For every dollar above that, you give back 15 cents of your OAS and by roughly 155,000 for most people, between 65 and 74, it’s gone. Now, what counts as income? Your RRSP withdrawals do. Your RRIF withdrawals do.

[00:13:49] What doesn’t count? Withdrawals from a TFSA. So someone who saved diligently in an RRSP for 40 years can reach retirement and find that that very account that we’re told to build is pushing them into a clawback. I’m not saying that the RRSP is bad, I’m saying it comes with consequences and you deserve to know them before you build all your savings in one account.

[00:14:19] Which brings us to the TFSA, the tax free savings account. It works the opposite way. You put in money, you’ve already paid tax on, there’s no deduction, but the growth is tax free. And what you take out is tax free, not deferred free for 2026, the annual limit is $7,000. If you’ve been eligible since the account started in 2009 and never put a dollar in, your total room is $109,000.

[00:14:52] And here’s a feature people forget. When you take money out, that amount is added back to your room the following January. It’s flexible. It’s not a savings account. Even though the name says savings like an RRSP, it’s an investment vehicle. You can hold cash in it or investments. What you hold inside of it is a separate decision.

[00:15:18] Two cautions. If you put more than your room, the CRA charges 1% a month on the excess, and your room is tracked across all your TFSAs, not per account. So keep your own record. Now, let’s talk about an account that gets overlooked and one, I think is a very powerful investment vehicle than non-registered account.

[00:15:43] I’m describing how it works in Canada. The United States has different rules, so if you’re listening from there, use this as a comparison, not a guide. A non-registered account is an ordinary investment account. It has no special tax status, no deduction going in, no contribution limit, no age rules. You can put in as much as you’d like whenever you’d like and take it out whenever you’d like.

[00:16:15] Here’s the part people miss. The money you put in is after tax money. You’ve already paid tax on it, so the original amount is never taxed again. If you invest a hundred thousand, that a hundred thousand dollars is yours. The government has already had its share. What gets taxed is the growth, and here’s how it works.

[00:16:40] Year to year, most years, your account sends you tax slips. Call the T5 and the T3. They show what your investments paid out or passed along to you that year. Interest dividends and capital gains. You paid tax on those amounts every year. Whether you took the money out, closed the account, or left it all in and reinvested it.

[00:17:08] You don’t have to sell anything for the tax bill to arrive. Then there’s the second case. If you own something that has gone up in value and you haven’t sold it, that growth isn’t taxed yet. It’s taxed when you sell. And in Canada how it’s taxed depends on what kind of growth. It is. There are three levels of tax.

[00:17:33] The highest is regular income tax. That’s what applies to things like interest. Interest is taxed at your full marginal rate every year. The next is dividend tax. Dividends from Canadian companies come with a tax credit, so they are generally taxed lower than interest, and generally the lowest is capital gains.

[00:17:58] A capital gain is the profit. When something you own goes up in value and you sell it in Canada, only half of the capital gain is taxed. The other half is yours with no tax at all. That taxable half is added to your income at taxed at your marginal rate. Let me show you. Say you sell and your a hundred thousand dollars has grown to $120,000, your gain is 20,000.

[00:18:28] Half of that is 10,000 is tax free. The other 10,000 is added to your income at that Alberta rate we used earlier, about 30.5%. That’s roughly $3,050 in tax on a $20,000 gain. Now here’s a term you should know. The adjusted cost base or ACB is what you paid for an investment adjusted for things like growth.

[00:18:52] You’ve already been taxed on and reinvested. Each time you pay tax on money, your account paid out and you reinvest it. Your ACB goes up by that amount, so you’re never taxed on the same growth twice when you sell. You’re only taxed on the difference between what you sell for and your ACB, not on the original a hundred thousand and not on the growth you’ve already paid tax on in earlier years.

[00:19:24] So why do I call it powerful? There are no limits, no age rules, no forced withdrawals, and the tax on dividends and capital gains can be lighter than the tax on an RRSP withdrawal, which is taxed fully as income. Now those three levels of tax are a big part of planning if you’d like to understand them.

[00:19:48] Better. That’s part of the planning education you receive from me at no cost in Alberta and British Columbia and where everywhere else you can hire me as your financial educator and financial coach to help you get to the intentional, purposeful life you’ve always dreamed of. And if you haven’t before, now you can put into action what’s required to live a life on purpose and not by accident.

[00:20:20] The next one is newer and it’s one of the best tools Canada has created in years that FHSA or the first home savings account. It was designed for first-time home buyers. You can put in 8,000 a year up to 40,000 over your lifetime. You get a deduction going in like an RRSP, and if you use it to buy a qualifying first home, the withdrawal is tax free, like a TFSA deduction in tax free out.

[00:20:51] It’s the best of both worlds, but only for that one purpose. If you’re a young person or you’re helping your kids get started, this is worth a conversation. I also say this to the parents listening. If you’re thinking about helping a child with a down payment, how you do it matters. Do it in the wrong order and you can cost yourself.

[00:21:17] So which ones? Now you’ve got the pieces. So which accounts should you use? Notice I didn’t say which account. That’s on purpose for most people, it isn’t just one. It can be a combination of two or all three, and sometimes a non-registered account on top. The right mix depends on your goals and where you are in life.

[00:21:44] The honest answer is the one you don’t want to hear. It depends. For example, someone early in their career with a lower income may lean towards the TFSA because the RRSP refund is smaller. Someone saving for their first home may start with the FHSA. Someone in their peak earning years may lean on the RRSP because the refund is bigger and the mix can change as.

[00:22:14] Life changes. Those are examples to show the idea, not advice for you. It depends on your income today and later, whether your employer matches you, your debts, and how soon you’ll need the money. But before any of that, it depends on you. That’s why the five stages comes before any product. Stage one, your story.

[00:22:41] Where did your beliefs about money come from, and what are your money monsters? Those fears and habits run your decisions in the background long before you open an account. Stage two, your goals. What are your top three? Not ten three. Stage three, your numbers. What does your budget really look like once we find the holes together?

[00:23:09] What’s your net worth today? Stage four protection. If you got sick, hurt or died tomorrow, what happens to your family? Stage five is savings rule. 20% is the target and 10% is the minimum, and you live off the rest. That is where the accounts finally come in because now you know what money is for and how much you can put it to work.

[00:23:38] Notice what comes first. It’s not an account, it’s you from my American listeners. I told you at the start, I’d cover your alternatives. So here’s a short map. The closest account to the RRSP is the 401k named after a section of the United States Tax Code. It’s a workplace plan like an RRSP. Your contribution goes in before tax.

[00:24:03] It grows sheltered and it’s taxed when you take it out. Many employers match it for 2026. You can put up to 24,500. The differences matter. Take money out before 59 and a half, and you typically pay a 10% penalty on top of the tax. An RRSP is no penalty, but the withdrawal is taxed and required Withdrawals in the United States start at 73 or 75 depending on when you were born.

[00:24:37] The closest to a TFSA is the Roth Individual retirement account or Roth IRA. You put in money you’ve already paid tax on and qualified withdrawals are tax free for 2026. The limit is 7,500. You can take your original contributions out any time, but there are income limits and rules on the growth.

[00:25:00] There’s also a traditional individual retirement account, which works more like the 401k and a warning. If you’re an American living in Canada, a TFSA isn’t tax free to the Internal Revenue Service. The IRS talk to someone who understands cross border tax before opening one. So please talk to a financial professional in your own country.

[00:25:28] I can’t help you with the products there, but the five stages work anywhere. Your story, your goals, your numbers, protecting your family and the savings rule. Do those first and you walk into that conversation with confidence. Whoever you talk to here are two suggestions. And questions I’d ask first, how are you paid when I use this account, it’s a fair question and a good advisor will answer it without discomfort.

[00:26:00] Second, why is this account for me? And what are the downsides? Every account has them. A good advisor can explain the downsides in plain language, not just the benefits. An RRSP can be a good tool. It can also be a trap. A TFSA can be a quiet superpower. A non-registered account gives you freedom and an FHSA can change a young family’s future.

[00:26:29] None of them is the answer by itself. The answer is the plan around them. Products without planning are hollow. Don’t become one of the 91 out of a hundred. Know your story. Know your goals, know your numbers. Protect your family, and pay yourself first with the savings rule. Those are the five stages, and I can walk you through them no matter what country you’re in.

[00:26:56] If you want help with that visit, giveaheck.com/work-with-me. That’s giveaheck.com/work-with-me. Thank you for taking time outta your day and listening to give a Heck if you find value. I’d appreciate you sharing with your friends and family so that they too can learn how to live life on purpose and not by accident.

[00:27:22] So you do not miss the next episode. Please subscribe on your favourite podcast platform and please also post a review. I look forward to reading your comments. This has been Dwight Heck. If you want to check out other podcast episodes or today’s show notes, please check out my website. giveaheck.com.

[00:27:50] And until next time together, let us all remember. It’s never too late to give a heck.

[00:27:57] Thank you for taking time outta your day and listening to Give a Heck if you find value. I’d appreciate you sharing with your friends and family so they too can learn how to live life on purpose, not by accident. So you do not miss the next episode. Please subscribe on your favourite podcast platform and please also post a review.

[00:28:17] I look forward to reading your comments. This has been Dwight Heck. If you want to check out other podcast episodes or today’s show notes, please check out my website. giveaheck.com, and until next time together, let us all strive to give a heck.