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@resjudicata Thank you for all of this. It’s like anyway you look at it- I’m screwed. No way out of it.

Budgeting and finance isn’t my strong suit, so looking for some direction here. As a family, we can well afford $3500-3800k/monthly in rent each month. Can stretch that upto 4K. Would love to own a home for stability for the kids but we simply do not have the down payment. We are slowly working...

@dawsonwilson Thank you! Driving isn’t an option. We are only one driver between husband & I and my disability prevents me from that long a car ride unfortunately. I’ve been considering maybe driving to buffalo and taking a flight from there. Not sure what a DVC room is but will look into it...

@jessica88 That is household income, not single. I explained in an earlier about why savings was an issue.

@dantter Perhaps I was too vague. I do have 3 kids and RESPs setup for them. I also make regular payments to a TFSA. I appreciate the “not-knock”😄, but after saving for all the necessary things, there just isn’t much left for things like a vacation, which to me is also necessary as I want...

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@josh215 Thank you! Are you from Toronto? Asking so I can all more specific questions. We will need to fly for sure. No rental car would be great-to save. We have dietary restrictions in our family of 5, so making our meals would be super helpful. Having a few meals outside will be nice. We...

@josh215 Thank you! See-I wouldn’t have been able to find out any of this on my own!

@josh215 Feel free to share a breakdown. Never been to Disney. 3 kids in the 14-9 age group. 2 adults. My research put me at 12 k with flight tickets from YYZ. If I can do for less, then that would be awesome.

I’m struggling with finances and managing our finances. For context, husband and I are in our 40s and we have 3 kids. Our household income is 170k. We rent & homeownership seems like a fantasy. We are in the GTA. I’m really wanting to save for a vacation. We never go outside of Canada. I’m able...

@dylan54 Thank you! That’s so helpful.

@dylan54 Like an everyday chequing amount, I meant to say. With a debit card etc

@anna_jackson This cash amount pays 4% monthly? Is there a minimum you need to maintain in this account? Can you use this like an everyday savings account?

@signsofthetimes Thank you!

@younglite Don’t have family who can help. And friends- everyone seem to look out only for themselves. Truly appreciate the detailed reply!! Very helpful.

@peppermint_patty This is confusing. Some say bank, some say private mortgage person. My concern first off is do I even have enough? 😅 I feel maybe the kind of house I want (honestly it’s “need”) is lofty/unattainable. And, in reading conflicting info about first time home buyers incentive where...

@deeann We don’t have much to withdraw from our RRSP so that isn’t an option at all. What we have -I have listed. I guess I will use that app you shared to understand my options and yes-thank you, it helps somewhat understand the difference between 20% vs 5%. I was led to believed that we MUST...

@deeann Sounds perfect for me. But will it also help me understand what this first time home buyers incentive is. I’m trying to understand do I NEED 20% or 5%? It is going to take me atleast 10 more or more years to get my 20% saved.

@deeann Ok thank you!!

@hollywoodx I was under the impression that banks were the ideal choice. But with a measly downpayment, I’m hesitant to reach out to anyone to talk to rn.