Your #1 source for best news and interesting links on the web

Money-Saving Tips to Help You Buy a House

Buying a house is a goal for many people. However, with housing prices it may not be easy to achieve, especially if you are the type who is careless with money. Some of us often waste our money on frivolous and unnecessary things, making our dreams of home ownership unachievable. As the New Year begins, is it time to change your spending (and saving) habits?

In this article, we will give you some practical money-saving tips that will lead you closer to your goal of buying your own house.

  • Assess your spending habits – the first step is to assess where you spend your money. If you find it hard to save you need to know the reasons why. Be very honest with yourself. Do not try to defend or ignore your habits.
  • List down all your expenses – after that, it is time to list down all your expenses every month. This includes rent, electricity bill, gas, credit card bills, loans, food allowance, entertainment and so on and so forth.
  • Make a budget plan – then you should start to come up with a budget plan. Since you’ve already assessed your spending habits, you already know what you should remove from your list. Prioritize your needs over your whims. You can allot money for your leisure activities but keep it affordable so you can save more.
  • Spend within your budget – after you’ve set your monthly or weekly budget, you should make sure to stick with it. Spend your money in strict adherence to the budget. Do not go overboard or the budget plan you made will just be a waste and you will get stuck with your old spending habits. However you may need small rewards along the way as you achieve your goals, this can greatly help keep you on track.
  • Allot a specific percentage for your savings – it is also important to allot a specific percentage of your income to go to your savings account. You should do this first and foremost before you start spending your money. This way, your disposable income is what remains after you have secured your savings. A direct deposit to a Tax Free Savings Account is one way to achieve this.
  • Avoid impulse buying – also, it is imperative to avoid impulse buying. Schedule your shopping and list down the things that you need to purchase and keep within that budget. Impulse buying is one of the most common reasons why people fail financially, so do not fall for this habit.
  • Find additional source of income – lastly, if necessary, you may need to look for some additional source of income. It is best to use your time wisely. You may need to sacrifice some social time and look for a part-time job that is manageable for you. That way, you will be able to augment your savings.

Is it time to change the way you handle your money and start thinking about your future? Just imagine being able to afford a beautiful Kelowna real estate. By making a plan that works for you your dreams can become reality.

For more information visit

    Keith is professional and well presented. He is amiable, friendly, relaxed and easy to talk to. He is knowledgeable experienced and competent. He is well rounded and will tackle any aspect of real estate, from lake front to commercial. He is well connected and among the top producers in his office. He has had past success running mostly hospitality based busi-nesses such as Pizza franchises and has handled large work force. He is used to hard work and has developed excellent people skills. He thoroughly enjoys his real estate career and his enthusiasm shines through in his approach. For more information visit his website

      Leave a Comment

      Menu Title