Comments on: How to Save Money to Buy a House

By: Boost My Budget

Boost My Budget — Wed, 15 May 2019 12:24:24 +0000

In reply to Richard Davis. Thanks!

By: Richard Davis

Richard Davis — Tue, 07 May 2019 10:19:29 +0000

I agree it is really important to track your spending and savings. That way you know you are consistent in saving money to achieve your goal. Great blog by the way. Keep sharing!

By: Boost My Budget

Boost My Budget — Wed, 16 May 2018 22:35:17 +0000

In reply to Sophie. Thanks for commenting! It's amazing what a difference tracking makes. I've been doing it for a few years now and I still have months where I'm surprised how things add up!

By: Sophie

Sophie — Wed, 16 May 2018 13:32:01 +0000

Great tips, thank you! Tracking spending is definitely important for me – it helps me to identify areas where I’m spending a lot more than I should and reign it in. And sharing a rented property with others has definitely helped in terms of saving money. Hopefully buying a house can one day become a reality!

By: Boost My Budget

Boost My Budget — Thu, 10 May 2018 18:44:53 +0000

In reply to Mr. MFC @ Morning Fresh Cent. It is crazy to pay so much money in one go. I was terrified of sending it to the wrong bank details or getting blocked for fraud! Good to remind yourself that it's an investment though. I bet your property is worth a lot more now that 10 years ago :)

By: Boost My Budget

Boost My Budget — Thu, 10 May 2018 18:40:35 +0000

In reply to Tuppenny. Yes, great tips! Automating your savings is so powerful and it forces you to stick to a budget and buy less too!

By: Mr. MFC @ Morning Fresh Cent

Mr. MFC @ Morning Fresh Cent — Wed, 09 May 2018 06:47:50 +0000

I remember having to save for my first home purchase. When I finally managed to saved it up, it was hard to see all that money disappear from my account balance but I knew it was for an investment. I still hold that property today after over 10 years.

By: Tuppenny

Tuppenny — Tue, 08 May 2018 11:38:08 +0000

My main tip is don’t buy stuff! Decluttering and selling off your old stuff is great but if you don’t buy it in the first place you will save even more money.

Paying yourself first is also key. Transfer your planned savings the day you get paid, don’t wait till the end of the month as you will have spent it. Out of sight, out of mind.