Calgary Real Estate: Saving a Downpayment for a Home.

  How do you start saving a downpayment for a home when you don’t feel like you have any “spare” money?! Are you sure that is true? Let’s take a closer look.  As someone who has been there and done that - spending without restraint on things like; daily Starbucks, multiple entertainment subscriptions, shopping therapy, endless technology upgrades, buying fast easy lunches and getting take-out for dinner … I understand, it’s difficult to deny yourself what feels like everyday essentials (I get it) but not all of them are that essential. Yes, this will be an adjustment and it’s not going to feel easy at first but it gets better when you see yourself making "real" changes and progress with your spending habits. You absolutely can make home ownership a reality.Here are a few tips to help you get motivated and mindful of your spending. habits: Dream Big: Cut out a picture of the type of home you desire and place it somewhere you'll see it every day. Allow yourself to envision how incredible it would be to achieve this goal. This is your daily mindful bulls-eye.  Evaluate your Spending: Take a closer look at your monthly financial statements and identify areas where you can cut down on expenses. Consider what is expendable, where you could get better deals, and what you could do without. For example, consider treating yourself to Starbucks only on Fridays rather than every day. Practice Discipline: Give yourself a monthly spending allowance in cash and spend it on whatever you want. Once it's gone, it's gone. This practice will help you develop your self-discipline and you’ll realize just how darn capable you really are. Remember, achieving the dream of homeownership is not an overnight process, but with learning discipline and focus, it is absolutely possible.I believe in you. You’ve got this!  

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