Ask Sherry: On vaccinations and taking on a mortgage or avoiding one completely
You asked, and I am answering every Friday once I have enough questions! You can ask any question using the form here. My husband and I are in our early 40s with a tween and a teen
Who has the most in debt in Canada?
Over 60% of household debt was held by those under 45 years of age, and nearly one-half was held by couples with children. Individuals who had a household income of at least $100,0
Even with $1M in net worth, I would have been denied a mortgage
Yep. You read that right. If I wanted to go in today, and get a mortgage for a rental property or something, they wouldn’t give it to me. Why? Because banks look at your EARN
Ask Sherry: Should I buy a $1.1M home or continue to rent?
Hi, Sherry! I have a question related to the cost of real estate. In my city, a 2-bedroom apartment costs the equivalent of 1,025,000 CAD in a pleasant area. That sounds like Toron
Should you save more money in retirement or clear your mortgage?
Reader JW was wondering if clearing a mortgage or investing the money instead makes more sense. This age-old question also applies to if you are in debt – should you be savin
Buying versus Renting versus Mortgaging
So here are all my numbers. The place I end up buying will be a condo, which means I need to pay taxes and condo fees in lieu of rent. WAIT, WHAT? DOESN’T BUYING A HOME MEA