Morning,
I'm a 23 year old new graduate. Working, full time and am essentially debt free. I still live at home and have paid off my car debt all ready. I have very few expenses currently.
I'm sitting around $10k in my account. I formerly had a TFSA at People's Trust I was using, cashed most of that in to pay my car loan off.
I'm now looking into the next step, which is probably getting a place of my own. I'm not interested in renting, as I have a very good home situation currently, and would not want to burn rent money just for the sake of leaving.
What options are best for someone in my situation? Stuff the remainder of my money back into the TFSA and wait for a down payment? What amount should I save for said down-payment?
Thanks!
I'm a 23 year old new graduate. Working, full time and am essentially debt free. I still live at home and have paid off my car debt all ready. I have very few expenses currently.
I'm sitting around $10k in my account. I formerly had a TFSA at People's Trust I was using, cashed most of that in to pay my car loan off.
I'm now looking into the next step, which is probably getting a place of my own. I'm not interested in renting, as I have a very good home situation currently, and would not want to burn rent money just for the sake of leaving.
What options are best for someone in my situation? Stuff the remainder of my money back into the TFSA and wait for a down payment? What amount should I save for said down-payment?
Thanks!