First Time Homebuyer Question #1
October 25th, 2011
How can I easily save for my downpayment? Generally the best way to save your downpayment is with an automated savings plan. Set a budget for an amount that you can afford from each paycheque and you will watch your downpayment build quickly. You may also consider looking at a Tax Free Savings Account (TFSA) or direct your automated savings to a Registered Reitrement Savings Plan (RRSP). ...