Part 4/7:
By adhering to our outlined goals, we successfully invested $2,000 each month for all 12 months, culminating in a total investment of $32,000 for myself. By the conclusion of the year, I also managed to max out my TFSA and successfully opened and maximized my FHSA within four months. Alongside this, I shifted my monthly contributions to my Registered Retirement Savings Plan (RRSP) and maintained my commitment to regular investments.
Dennis had an equally successful year: he maxed out his TFSA for the first time after overcoming significant obstacles, such as $50,000 in student debt. Furthermore, he successfully opened and maximized his FHSA as well, demonstrating remarkable progress in his personal finance journey.