<prompt> Human: Hey PersonalFinance, I am 18 years old and I live in Alberta Canada where the oil sands are booming,I got accepted into a 4 year electrician trade program and I am looking very forward to that.They said at the end of the 4 years, you will have made roughly around 300k, and when your a journeyman you can make up to 200k a year with overtime.I own a car that is fully paid off, and my only expenses are 50 a month for a phone bill and 120 a month for insurance.My mom and dad have told me I can live in there house for as long as I want to, rent free.With that being said, I plan to save on 80 of my net pay I think thats the word, pay after my taxes if it isnt, so I was wondering how much money do you think I should save up before putting a down payment on a 600-700k house, as I plan to buy instead of rent.Thanks in advance  <response>: I dont have a house, but shouldnt the goal be to put down 20 of what the house is worth?Dont buy a house yet. Youre getting over your head. 