On today’s Honest Money podcast, Warren Ingram answers your questions around Tax-Free Savings Accounts, from best practices, finding the right institute and whether or not an RA is still necessary.

Questions/ Topics: 

1. As a young professional that’s starting their saving journey, should I have more than 1 tax free savings account? I am also a contractor and don’t have a retirement plan with my company, am I limited to an RA or will a tax free savings account suffice? 
2. I'm starting my investment journey and I want to invest in a tax free savings account, there’s conflicting advice with regards to opening up one with a bank or a unit trust company/ easy equities index provider. What is the best practice? 

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Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod