Money Myth 5: "You need a lot of money to start investing." Not true.

$100 a month, started at 25, can grow to about $190,000 by 65 at 6% a year. Start 10 years later and you end up with about half.

#MoneyMyths #Investing #TFSA #PersonalFinanceCanada #StockMarket

Money Myth 3: A raise can leave you with less money

A higher tax bracket won’t eat your whole raise. In Canada, the higher rate applies only to the income within that bracket. The dollars below it keep their lower rates.

#MoneyMyths #CanadianTaxes #PersonalFinanceCanada #SalaryNegotiation