I think this chart is great, but really really complicated for someone new to this.

IMO, we should really try to work on 3 different charts : a very basic and simple one with the main steps for regular people, a standard one for people that are more interested in finance, and a hardcore one for tinkerers and optimizes…

EDIT: it should also be updated for the FHSA.

I’m surprised that paying off high interest debt is so low on the flow chart. I personally don’t know if it’s a good idea to follow this chart as it is.