This couple bought a house in Guelph outright with an inheritance. Should they upgrade when they start a family?

Samantha and Leland’s upcoming wedding has forced them to stop and consider their finances.

Between them, Samantha, a public servant, and Leland, a fire prevention technician, earn $102,135 per year and take home a combined $5,240 per month. Can this couple get their dream house and start their family? We asked to see two weeks of their spending to find out.Samantha and Leland sadly both lost their fathers earlier this year. They have used their inheritances to buy a home with no mortgage and they are getting married in December. I can imagine this is a bittersweet time for them.

TFSA contributions seem to be a good choice for them for these reasons. Furthermore, with an upcoming wedding and hopefully a baby in the next year or two, they will benefit from having easy access to savings that can grow tax-free and be withdrawn tax-free with a TFSA. I would invest some of their money with a relatively low level of risk given these more imminent costs over the next year or two. They also own their cars outright so there is always the recurring cost of repairs and replacement.

While they spent more overall in week two, Samantha thinks it’s a typical representation of their habits.

Better to invest & raise a family in Guelph than Mississauga

They should consider themselves luck and live within their means

Who is your audiencefor this 1st world indulgence. How about doing an art.on L. & her part.have combined income under $55, 000.They have one child and are altern.attending night school to improve income potent.Should they pay babysitter or give up night school get a second job?

Inherited a free house eh? Can't relate. At least they don't make over $200K a year like most of your columns. Still well over the median. I'm sure they can figure out how to add a room onto their free house.

Toronto Star or The Beaverton, hard to tell sometimes.

Health Health Latest News, Health Health Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Weather didn’t stop people from participating in Guelph’s Terry Fox Run - Guelph | Globalnews.caClose to 350 people took part and around $58,000 was raised for cancer research in the first in-person Terry Fox Run in Guelph since 2019.
Source: GlobalNational - 🏆 81. / 51 Read more »