Josh and his wife pay $1,300 a month for a two-bedroom condo; home prices in Victoria have yet to soften significantly. ‘We would like to live in Victoria but Calgary seems to be the better option,’ he says
“Down the road, our goal is to have a rental property of our own. I would also like to invest – but not have all my eggs in one basket.”
More recently he did a stint in the Canadian Army Reserve to help pay his tuition for university. “I lived at home, did basic training every weekend in the first semester and worked part-time at a grocery store,” he says. Josh is Métis, which meant he was also eligible for significant funding from the federal government. He graduated in the spring of 2021 with a political science degree.by Greg Tomkins, on how to be good with your finances,” he says.
Despite getting married this past June, Josh and his wife have saved $51,000 toward a down payment on a house. The key, he says, wasthat didn’t erode their savings. They got married on a friend’s property and paid $400 for an upstairs room at the local Legion hall. The couple also received financial help from family. “We didn’t want to spend thousands on one day,” Josh says.
To save, Josh and his wife keep their expenses low. Examples of recreational activities include floating down a river on an inflatable, regular hiking, “and in September we’re going to the B.C. Derby, a horse racing show,” he says. He also drives a fuel efficient car, is a savvy grocery shopper and cooks plenty of meals at home.
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