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Homeownership isn’t just immediate security. You are building generational wealth.
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The wealth of homeowners is, on average, 40x greater than the average renter. Here are a few things you can do, to get yourself in a position to a buy a home:
1. Set a budget and follow it
2. Have a credit card you use for ONLY essential spending (groceries, monthly bills etc.) All other spending use a different debit/credit card. This will help keep you accountable and build good credit
3. Share your homeownership goals with family and friends. They support you and want to see you succeed. Make them apart of your success
4. Choose to live minimally. Think: “how can you cut my monthly spending?”. Roommates? Cut eating out. Lower the temp you keep your home. Cut unhealthy habits. Be ruthless.
1. Set a budget and follow it
2. Have a credit card you use for ONLY essential spending (groceries, monthly bills etc.) All other spending use a different debit/credit card. This will help keep you accountable and build good credit
3. Share your homeownership goals with family and friends. They support you and want to see you succeed. Make them apart of your success
4. Choose to live minimally. Think: “how can you cut my monthly spending?”. Roommates? Cut eating out. Lower the temp you keep your home. Cut unhealthy habits. Be ruthless.