Follow These Tips if You’re Saving Up for a Home | Smith Mountain Lake Real Estate | Vicki Millehan

Follow These Tips if You’re Saving Up for a Home

Whether you’re a first-time homebuyer or searching for a vacation home, odds are you’re going to have to do a bit of saving. If the thought of coming up with a down-payment for a home seems overwhelming, here are a few tips that will help make the process easier.

Slash Subscription Services
It’s tempting to sign up for monthly subscription services like Spotify, Netflix, and Hulu, but these services add up quickly. And honestly, how many movies can you truly watch each month? Pick the ones you watch the most and cancel the others to save on expenses.

Exercise at Home
Gym memberships are convenient and offer a wealth of amenities, but unless you’re spending multiple hours there each day, you can probably bring your workout indoors. Go for a walk outside, invest in some inexpensive hand weights (you can use soup cans if you’re really trying to cut back), and find a free workout video on YouTube.

Sell Items That You Never Use
Impulse buys are hard to avoid, but now is a great time to sell unused items for some quick cash. Post unwanted items on CraigsList or Facebook or go old school and have a yard sale.

Eat at Home
Dining out at restaurants is fun and convenient, but those prices add up quickly. Stock up on essentials at your grocery store and enjoy your meals at home.

While these suggestions may not seem to amount to much on their own, you may be surprised at how quickly these charges add up over time. And once you get in the habit of saving money, the process will become automatic.

And when you start looking for your next home, let me be the one to show you all that the Smith Mountain Lake area has to offer. Browse my listings at www.VickisLakeHomes.com or call me directly at 540.520.2401.