Yes, you’ve got debt. But you can still build your first home.
Let’s face it: most of us have some debt or other. It could be a student loan. Or paying off the car.
Or maybe there’s still stacks of payments to go on that swanky new flat screen TV … which seemed too good a deal to miss at the time. More than anything else, chances are it’s the dreaded credit card. Using that, whenever the urge takes any of us, is just way too easy. Either way, it all means there’s no way you can even think about building your own home, right?
With the help of WA Housing Centre you can. Here are some tips on how to get you started.
First thing’s first: get your spending in check
This means having a really good look at your daily outgoings. For example, do you really need to spend so much on coffee and lunches each day? Cut down on the caffeine and pre-pack the Tupperware with home-made sandwiches and you’ll be amazed at how much you can save each week!
Or if you have lots of different credit cards, think about consolidating them all into just one. Chances are, you’ll reduce your minimum monthly repayment and pay a whole lot less in fees at the same time.
Next, make a budget … and stick to it
Spoiler alert. If you’ve never done this before, this part may prove a little tricky at first. Rest assured, though, it’s definitely worth the effort!
A budget, quite simply, means writing down how much money you have coming in and what you need to spend it on. That’s the easy bit. The hard bit is sticking to it. Especially when temptations like a stunning new dress or a set of guaranteed-not-to-slice golf clubs suddenly come your way.
Avoid them and keep to your plan. Because every time you do, the dream of building your first new home will get one step nearer.
Bye-bye debt worries, hello new home
Never thought it was possible? Think again.
With over 20 years’ experience in helping people just like you, nobody gets first home ownership better than us. That includes securing you the right finance, finding the right block, and building the home of your dreams.
You owe it to yourself to find out more. Simply click here now to talk to a member of our friendly team.