So I have $12,000 in savings went through a divorce and it’s all I have at the moment, I’m 26 and I made $150,000 this year and have never contributed to my TFSA, RRSP or FHSA.

Should I put $8000 in my FHSA for tax benefits as I feel I’ll owe and then build my savings back up early next year to recoup. I can survive of $2000 a month so thinking of saving $8000 for 4 months worth of emergency funds and investing the rest. Want to max out my RRSP and FHSA next year and the tax return in 2025 will be amazing.

Any thoughts on this, I have $30,000 in credit and I know it a bit risky but I can manage as well as the $4000 cushion illl have after moving $8000 in savings to my FHSA.

Any thoughts