Avoid Being House Poor

Most people have hear the rule that your monthly housing costs shouldn’t be more than  32% of your gross monthly income, but I’m a bit more hardcore than that. This rule can still lead to House Poor Tragedy. The reason? It’s calculated on your gross income, which...

Pre-approval for a Mortgage

So, you’ve saved up a down payment, you know you’re not going to be house poor and now you want to start your house search. Before you begin, you should get pre-approved for a mortgage from your financial institution. Here’s how to wow your financial institution...

Moving In Together – Financial Implications

You’re in love. Nowadays there are 2 big questions to pop. 1. The age old: Will you marry me? And the newer “Want to move in together”. Both questions have huge financial implications. Moving In Together So, you and your partner have decided to move in together. This...

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