Browsing Category Questions

impressionableadolescent asked:


I live in New Jersey, I’m 19, and the farthest I’ve been from my home is Ontario, Canada. I’d be interested in traveling anywhere outside North America, based on a moderate budget. What would be the most ‘bang for my buck’? (No, I’m not implying that I want to visit cheap *********** in a foreign country.) Which place, in your opinion, is the most beautiful, the most worth the trip and the most memorable visit? Timewise, I’d probably stay between 7 and 10 days.

casper4 asked:


I am 23 and have about $5,000 in savings. I also still live with my parents, and I’ve been thinking of moving out for nearly 2 years now. I work full-time. Rather than rent, I would prefer to buy a home or a condo.

There are several condos in my area, the cheapest being around $100,000 (I live in New Jersey, where home prices are through the roof). I saw a 1BR/1 bath near me and was wondering if I could possibly purchase it now.

Would I be able to use my savings to purchase something now? Or do I need to wait until I have 20% ($20,000) saved up? It would take me at least 2 years to save that much money, and I don’t want to wait that long. I’ve heard of incentives for first-time buyers where you put down a very small down payment, as well as programs where you don’t put ANY money down.

Thanks for any advice.
Stan – they probably would offer (which I’d be very grateful for), but I’d rather not take their money if I can help it.