Buying a home to build equity, provide security, and accumulate generational wealth? Yes, please!
Letting lifestyle creep (and too many streaming subscriptions) erode your financial cushion and derail your path to homeownership? That’s gonna be a hard pass.
Fact is, some homeownership costs are non-negotiable – mortgage, property taxes, and insurance.
But there are also home expenses that are completely unnecessary — ones that can be mitigated, managed, and minimized.
Here are 3 ways to help you steer clear of frivolous expenditures.
1) Pick your neighbourhood wisely.
Not all corners of town treat your wallet the same. Be confident and explore emerging neighbourhoods for wallet-friendly options when home hunting.
2) Don’t overlook energy efficiency.
An energy audit is a simple way to learn where your hard-earned dollars are flying out the door — literally.
3) Trim your spending.
It’s not glamorous, but it’s smart. Regularly eliminate the fluff from your budget, including one too many monthly subscriptions and streaming options. Our guess? You might not even notice if they’re gone.
Want to chat more about buying a home? We‘d love to help you take your next step — comment below, and we’ll be in touch!
“Bringing You Home to the Good Life”
Morrison Bifford Real Estate Group
Royal LePage Locations West Realty
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