While giving you a tour of the backyard of my Cloverdale house and accidental rated R puppy perversion, I briefly described the TSFA. The TSFA is a Tax Free Savings Account. Essentially any money you put into this account grows tax free. So when I first heard about this I thought, big deal, who cares about the whopping 0.3% you earn on your bank account. However when I looked further into this I learned that there are many uses for the TFSA. For example, I use my TFSA for stocks. One would only hope that eventually I would make a few good investments and make significant large gains. All the gains are tax free. My plan is to drop in about $5,000 each year, half will go to secure investments like Gold, etc. The rest will go to more riskier stuff or penny stocks. This way if I hit the jackpot I keep the gains, all of them. Remember to own your life and check me out at http://www.jessijohnson.ca/