12 min

Rent or buy? First, how does this 37-year-old roommate tackle her $10,000 debt‪?‬ Millennial Money

    • Investing

Lola is 37 and works in the pharma industry in a contract role making $87,000 a year, plus bonuses. She has had roommates for most of her adult life. The problem? She has $10,000 in debt and would like advice whether she should buy or rent a home.
Evy speaks with financial adviser Jason Heath for recommendations. All of our participants have been granted anonymity, and so we’ll be using voice actors for their quotes.
If you would like to support the journalism of the Toronto Star, you can subscribe at thestar.com/subscribingmatters.

Lola is 37 and works in the pharma industry in a contract role making $87,000 a year, plus bonuses. She has had roommates for most of her adult life. The problem? She has $10,000 in debt and would like advice whether she should buy or rent a home.
Evy speaks with financial adviser Jason Heath for recommendations. All of our participants have been granted anonymity, and so we’ll be using voice actors for their quotes.
If you would like to support the journalism of the Toronto Star, you can subscribe at thestar.com/subscribingmatters.

12 min