CAMILLA CORNELL, SPECIAL TO THE TORONTO STAR
When Cris Lam bought her pre-construction Toronto condo in 2014, she was in the enviable position of having a big enough down payment to avoid mortgage default insurance fees.
Even with her parent’s contribution, Lam needed a financial planner’s help. She met with Victor Godinho, a financial planner with Pangea Personal Financial Planning, who delivered some hard truths. “Do you realize you’re blowing $800 a month on food?”