article thumbnail

Reader Question: How Much Money Do I Need To Buy My First Home?

Prairie Eco-Thrifter

The TD Canada Trust recommends two calculations that can help you to assess exactly what you can afford to buy: The Gross Debt Service (GDS) ratio – This approach looks at the cost of your house purchases, including mortgage payments, taxes and heating costs. What if this is just too steep to be achievable for you?

Money 186
article thumbnail

Yakezie Carnival – Credit Cards Edition

Prairie Eco-Thrifter

The Penny Hoarder : Get Paid to Reduce Your Energy Usage – There are some money-saving ideas that you’ve no doubt heard a million times. Narrow Bridge Finance: Tax Time Strikes Again – Preparing for Your 2011 Taxes – A quick rundown of tax forms to look out for as we approach tax season for 2011.