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I have been earning 90k per year in BC for the last 2 years now. I'm single and withouy any dependents.
My saving routine involves not touching the 15th pay and contribute 660 to my FHSA (which I really couldnt do consistently and use the other half (30th pay) to pay for bills and rent (got a private room for 850 per month) .
I was able to consistently save 2.1k a month but I feel like the sub 50k that I have right now in the bank wont make me able to pay for a downpayment for a house in Victoria next year.
I'm thinking of moving to Regina next year as house prices are cheaper there but having really second thoughts because of the winters. I can't underscore the fact that Victoria's winter is the mildest. Yeah thats true.
So my question is: is 90k really enough in BC? Or do i need to start considering job hopping for a higher pay if my goal is to be able to mortgage a house next year?
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- 1 month ago
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