You may have seen the headlines lately:“Home prices are dropping.”“Denver is leading the decline.”“More than half of major metros saw year-over-year price drops…
Buyers: Saving For Homeownership Challenge - Automate It (Week 5)
Dated: January 30 2024
Views: 74
As we wrap up our savings challenge, it's important to remember WHY you made this savings goal...especially if your goal is to buy your first house.
What's your why? Is it to host family gatherings and sit around the table playing Uno? Or is it to finally get a sweet rescue pup and play fetch in your own backyard? Maybe it's to start a family and raise your babies in a place of your own and track their height at the end of the upstairs hallway.
Keep that WHY close. Write it on a sticky note and stick it on your desk or bathroom mirror - wherever you'll see it daily. This will keep what matters most in clear focus so that on the days it's hard to keep going with your goals, you'll be filled with clarity and press on towards your savings goals!
The most simple way to make sure your money saving goal sticks: make it automatic!
Setting up automatic savings is like built in accountability because it forces you to save a specific amount of money without having to think about it.
Treat it like a monthly expense or bill and you'll be able to start seeing traction quickly! 📈 Ask your bank about their high interest savings account options and see if they offer some kind of automated tool or dashboard that shows your spending and saving in real time!
I love Acorn - it rounds up on all my purchases to ensure i'm saving a little bit each day!
Putting your savings on autopilot will help keep your goals on track even on the days you don't feel like sticking with your plan!
Ok, that's a wrap on our savings challenge. But you know me, I want to take it one step further to help you! Check back here next week same time same place, for some bonus tips!
Angelica Olmsted
Angelica’s path into real estate is rooted in a life full of diverse experiences and a deep appreciation for what “home” means. Growing up as an Air Force brat meant constant moves, and later, h....
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