Episode 112 Transcript – Forced savings account for down payment

You’re live here with Jessi Johnson and Maddox. Is your name Maddox? [Yeah.] Yeah! My point of the day today is, before I get you to say something really cute, in the event you have a child or a child coming you might be a little bit short for a down payment and a good solution that I recommend is setting up a forced savings account if you have no down payment. You can put two to five hundred dollars a month in a forced savings account and you can come back into it in about two years and you’ll have enough for 5% down. You can reach me at www.firsthomeinfo.ca. Remember to [Own your life.] Louder. [Own your life!] Without your fingers in your mouth. [Own your life!]