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Welcome to Stealthy Wealth, a personal finance blog where you will find my thoughts on Investing, Cutting Costs, Financial Discipline and any other randomness that pops into my head as I aim for early retirement and financial independence in 2030 at the age of 45.

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Wednesday, 22 February 2017

How We Cheated On Our TFSA's

Why you should never play poker on
safari. Doh! 
Ok it's confession time - we cheated...

Next week (February 28th) is the end of the 2016/2017 Tax year. That is the last date people can make deposits into their TFSA accounts for the year, and then hopefully hit their annual R30k limit.

My wife and I have a TFSA each, which means we can contribute a combined total of R60k for the year. We came close-ish this year, but we didn't quite make it.

So we had to cheat.