Achieving Your Dream Home Through Budgeting (part 2/2)

September 15, 2016

What’s the hardest part of prepping for a project?

Most clients would agree it’s saving for their Dream Home.  Rest assured, you’re not alone if you too struggle in this area.  Saving take planning and requires a serious commitment to changing your usual habits.  So whether it’s a new home or a 20 year plan in the making, we’re sharing here what’s worked for us (tips 5-7)

5.  Make your savings goal realistic-

In other words, leave room for living.  The challenge to save for home is only daunting because you’re fearful you’ll have to stop enjoying your life.  While yes, you may need to give up a few non-essentials, you need to take steps to achieve your goals.  When we made our first budget we were amazed at how much we didn’t really need.  When you write your goals, make sure you revisit the “Why you started” often.  Then modestly enjoy the rewards of your hardwork, while striving towards you dream home savings.

6. Comparison is the thief of joy-

It’s always best to focus on what you can do.  Save where you can and ask for assistance where you’re struggling.  Accountability check-ins can help keep your savings on track.  Having someone to answer to is the main reason I recommend taking a class.  It’s around $100 but what you’ll learn is invaluable.  It’s about going through the learning process as a team then succeeding with a stronger support system to lean on.

7. A goal without a plan is just a wish.

We’re absolutely here to help you. Consider us your fairy home coaches.  Our personal track record can help you experience your financial breakthrough.

8. Take Action –

If you’re just getting started with a savings plan there are several actions you can take today.  Most importantly, ask your designer.  We generally advise clients at the Initial Consultation.  You might also be surprised by how much experience we have with budgeting.

For more tips from our team you can visit:

Related Articles: