15 ways to leave your mother

Consider setting up a down payment account. Then let mom, dad, grandma, older siblings, aunties and uncles, and anyone else who usually buys you gifts, write a cheque instead.

Let relatives and friends know and tell them about your down payment account.

Families and friends love weddings and will often ask what you would like for a gift. Mention your down payment account.

Hold a yard, sidewalk, or garage sale and put the proceeds into your account.

Breakfast, lunch, dinner or coffee out is expensive. Keep track for a week and you'll see. Start making your own. You'll be surprised at how quickly the savings add up.

If you have RRSPs you can use up to $20,000 for a down payment under the Home Buyers Plan. And the

The property transfer tax is 1% of the first $200,000 and 2% of the remainder – but first-timers are exempt.

If you have a one-bedroom apartment in a high-rent neighbourhood, consider switching to a bachelor suite or moving to a less expensive neighbourhood. Saving just $300 a month will add up to a down payment within a few years.

Consider buying with a sibling. You were roommates together all through childhood, so you know what you're getting into.

What about buying with a close friend? Make sure you spell out the fine print.

Consider a larger property. Find the home you want and buy it as a group. Again, spell out the fine print.

If your family arrangement is working, why not save for a down payment, buy and rent it out as an investment?

Instead of a bungalow, consider starting with a small one-bedroom apartment.

If you can't afford your first choice neighbourhood, find a home in your second choice of neighbourhoods.

Find a home in need of care and spruce it up! Get an inspection first so you know exactly what repairs are needed.