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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.”
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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.
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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.