<p>Pira Kumarasamy is a Toronto-based freelance writer and communications consultant in the financial space. She has a background in economics and enjoys making complex financial topics relatable to the average Canadian. Her areas of interest include financial markets, student loans and real estate. You can reach her on Twitter (@PiraKumarasamy) or LinkedIn.</p>
Raising money-smart kids is no easy feat, but if done right there’s a great opportunity to usher in the most financially savvy generation ever.
No matter what type of home you buy, however, there are a few reasons it could be wise to completely forego the idea of the starter home and purchase instead for the long haul.
The general rule is that in order to save more, you must spend less or make more. A mix of the two is optimal, but the latter is the single best way to put extra money back in your pocket.