Page 2 - Objective Financial News Today

Allana wants to stop living pay cheque to pay cheque but is finding it challenging to keep up with expenses while also trying to build up savings for an emergency

Allana and her partner need to put money aside for their wedding next year, but both of their credit cards are almost maxed out.

Joy is a Toronto-based artist and recent graduate who makes a living by producing new work for galleries or on commission.

Lina is thrilled to have paid off $7,000 in credit card debt. With the rising cost of living and higher interest rates, the 34-year-old’s biggest fear now is falling back

The Toronto-based communications manager earns $65,000 annually, but pays $1,950 in rent, which eats up more than half of her take-home pay.

To buy a house in the next five years, writes financial expert Jason Heath, Lauren should direct-transfer some of her maxed-out RRSP cash into the new tax-sheltered First Home Savings Account.

Lauren’s friends and family describe her as “workaholic.”

If Gabriela could continue living with her parents a bit longer, advises financial expert Jason Heath, that would add up to nearly $20,000 a year more to saving for a down payment.

Gabriela is ready to move out of her parents’ home in Mississauga where she is living rent-free.

If Gabriela could continue living with her parents a bit longer, advises financial expert Jason Heath, that would add up to nearly $20,000 a year more to saving for a down payment.