Jess hosts TGIF solo while Colleen is away and answers a listener question from Pam about using Wealthsimple and whether to invest through a TFSA or RRSP. She explains Wealthsimple as a Canadian fintech offering chequing and investing accounts, and reviews three investing approaches: traditional financial advisors, robo-advisors, and self-directed investing, emphasizing how higher fees can significantly reduce long-term returns. Jess breaks down how TFSAs work and how RRSPs differ. She shares a common guideline of using $50,000 income to help decide, notes many people use a hybrid approach, clarifies RRSP withdrawal options including the Lifelong Learning Plan and First-Time Home Buyers Plan, and reminds listeners they can hold multiple TFSA/RRSP accounts without overcontributing.00:00 Welcome to TGIF00:34 Jess Solo Update00:54 Listener Question Setup01:17 What Is Wealthsimple02:34 Ways to Invest03:48 Why Fees Matter06:36 TFSA Explained09:29 RRSP Explained12:14 TFSA vs RRSP Rules14:19 RRSP Withdrawal Options16:41 Multiple Accounts Limits17:49 Wrap Up and Thanks

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