Owning your own home is the dream of every individual in this world. This is especially true for couples who are just starting out at home. Homes are not only shelters, they can be a big investment in the future. Prices are constantly rising, so there is no reason to delay buying a home. As long as you know how to manage your finances properly, you can afford to buy hundreds of millions of home prices.
Now, take a look at the following tips on how to manage your finances to get your dream home as soon as possible!
1. Now we will start deciding and implementing how to manage our finances.
The later you are, the more money you will need to buy a house. The easiest way to manage your finances is to start applying the different ways you know to manage your finances. Save a portion of your income for savings while always providing savings for your emergency needs.
Saving money in a bank and expecting interest is not what Kania suggests. It is better to use your savings to invest in gold or investment trusts. As a method of financial management that is often reviewed these days, investing is the right choice as long as you constantly monitor the status of your investment. Within a few years, you are very likely to make a considerable profit and use it to pay DP ()down payment)House.
2. Clear purpose and nominal decision to save
If you already have a dream of owning a home in the near future, start looking for a dream home with detailed pricing and available payment systems. One of the most recommended ways to manage your finances is to determine a clear name for each purpose of your savings. For example, for your dream home, you are determined to buy the home you are aiming for within two years. Knowing the DP price along with monthly installments until it is paid off will certainly make it easier for you to apply this method of managing your finances.
3. Minimize costs and live humble
A mediocre salary doesn't mean you can't buy your dream home. The next way to manage your finances is to live humblely with minimal expenses. Remember that living humble does not mean being stingy. Did you know that eating out is the biggest expense avoided? Make sure to bring your lunch to work or school. If you want to eat out, decide on the frequency of activities, such as once a month, from the beginning of your budget. This way of managing your finances is easy to say, but difficult to implement. But remember your goal of saving every time you see new electronics or discounts when shopping.
4. Record all costs in a small note
With the tips below, of course, you will find that every way you manage your finances always requires a small note. Whether it's an investment, emergency savings, or daily necessities, you need to make sure you record all your expenses and income. This makes it easier when deciding on a monthly budget and saves you for your dream home. This way of managing your finances with small notes can also help you see if you've achieved your savings goals.
5. Repay all debt so you can focus on implementing financial management techniques
Do you currently have debt or installments for other products? If so, you need to repay all these debts. Therefore, you can focus all of your income on all the tips on how to manage your finances above. The reason is that when you pay the down payment, of course, you will face a fairly large house installment every month for many years. Don't increase your debt, and you have to sacrifice a lot to pay monthly installments.
Of course, the above financial management methods need to be tailored to your financial situation and personality, yes. Not all ways to manage your finances are applicable to your daily life, but Kania can get you inspiration so you can start implementing the ways to manage your finances that suit you. I hope I can do it!
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Source : http://i0.wp.com/www.dekoruma.com/artikel/82156/cara-mengatur-keuangan-demi-rumah-impian
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