What do you do with a little money? Save for a down payment, put it in a TFSA, start an RRSP...? If you have debts to pay, the picture is muddier. Or if you've just started a family and bought a new house or a new car, there are even more options for spending and saving.
Have you got a question on paying down debt, buying insurance or negotiating a mortgage? Financial planner Jason Heath took your queries on the financial issues facing young people. You can replay the discussion by clicking on the live blog box below. BlackBerry and iPhone users can view it here.
You can read our latest Financial Facelift, which features a similar case, here:
Young couple look for way to have both
Jason Heath is a Certified Financial Planner (CFP) with E.E.S. Financial Services Ltd. in Markham, Ontario. For 42 years, EES has been providing advice and counsel to Canadians on the principle that "one cannot be truly objective if all or part of their income is derived from selling a product". As a result, none of the consultants at EES has a selling license. Their consultants prepare clients' tax returns, assist in the design of wills and powers of attorney and prepare personalized financial plans.
The Invest for Life series: