1. Tips to Save Money for a New Home

    The thought of buying your own home is very exciting! You can paint the walls whatever color you decide, you can turn your backyard into a private oasis, you will have more storage space, and the option to make renovations to customize your house to meet your personality.

    Don’t let money keep you away from your dream home. Follow these tips to start saving today.

    Set a budget. It’s hard to know how much you’re spending, and on what, if you don’t track it. You might be surprised to find you are spending a certain amount on food or entertainment. Find areas in which you can cut back.

    Unplug. When you aren’t in a room, turn off the light. Keep the TV or radio off when it’s not being utilized.  Even unplugging items not used daily can conserve energy. Use cold water when you can and limit the time spent in the shower.

    Limit Food. We’ve all gone to grocery hungry, bought too much food, and then had to throw it out. Try planning your meals for the week. Stick to your list at the store. Use items that will go bad before canned food.  Try out generic brands versus the bigger brand names to save even more.

    Cut back. If you really want to save money for a home, consider cutting back on luxury or disposable income items. If you get your nails done every week, try going ever other. Try placing the money you would have spent into a savings jar.

    Save before you spend. Sometimes, saving money can be easier said than done. When you get paid, automatically set aside a certain amount of money into your savings. This will allow for you save before you spend.

    If you find yourself struggling to save, remind yourself what you are doing this for : your dream home! Picture yourself in your home and remind yourself of all the reasons you want to save for a home. Don’t be afraid to ask yourself, “is this purchase more important than saving for my home?”  Before long, you will be ready to make the move.