Giving It Up

Sacrifice Now for a Better Life Later

If you don't already own a home and want to later, have you considered what you will give up to save the money necessary? If you're not already making progress on saving for things like an earnest deposit, home inspection and down payment, it's time to consider making changes to make your goal.

Small Sacrifices

Century 21 did their annual Buyer/Seller Survey and here is what buyers said they would give up in order to save up for a home:

• Half would give up dining out.
• Nearly half would give up shopping on things like clothing, gadgets and accessories.
• Nearly half would give up things like trips to the salon and cable packages.
• 39% would cut back on vacations.
• 10% would contribute less to their 401Ks.

Now You're Making Cents

Find some areas to trim and figure out how much you're saving. Set up an automated transfer from your checking account each payday to a savings account. Consider putting any windfalls into that account, too, instead of spending the money. You'll be ready in no time.

We Can Help

We can put you in touch with lenders that will help you repair your credit if necesary, give you a plan on which bills to pay and how much, and who will be with you every step of the way. We can also give you an idea of what your costs will be to close on a home. If you want to own a home, start taking steps today. Get in touch with us and we can put you on the path to home ownership.

You can find the original article here.