How To Save Up To Buy A House

Buying a house may be closer to your reach than you think. It’s all just a matter of controlling your money and making it work for you. In today’s article, I want to share with you the top 5 tips that have helped us save. I hope these will help you guys too so you can start this new, exciting chapter in your life.

1. My first tip would be to find the cheapest grocery store to buy your food. We previously did our grocery shopping at Trader Joe’s (a health food store) but that would easily bring our total price to $200 and sometimes more per week. And we’re just a family of two adults and a toddler! I searched around to see what stores had the best prices for food. It turns out that Walmart has some of the best prices. So I now do the majority of my grocery shopping there. But…surprise, surprise…the 99 cent store actually has a whole lot of produce all for $1! When I shop there, we save $70 a week which adds up to $280 a month! That’s a whole lot of money to save on just one bill! And trust me, I was skeptical about dollar store food too. But we have already tried it for 2 weeks and everything tastes just fine. Nothing spoiled right away or anything. So just give it a try. Maybe you’ll like it too.

2. Another area where we’re saving money is on our electric bill. Im so sorry to say but we used to live with our AC going non-stop! Its so embarrassing to admit. But now, we’re rarely using it and only put it on when the heat is getting to be just too much to handle. Turning on the AC is now a last resort for us. We’ll open the windows, turn off the lights, close the blinds, take a cool shower, turn the fans on, we’ll do all that before we finally decided to turn on the AC. We haven’t gotten the bill back yet but i imagine that we’ll be saving anywhere from $100 – $150 a month minimum. I’ll try to update you guys once we get the actual numbers back.

3. We also limit eating out now to only once a week. That’s something I had already been doing for a while now just for weight loss reasons but now my husband is jumping on board too. So he no longer will order out for lunch while he’s at work. But I take responsibility for making sure he has meals so he won’t have to eat out. If I miss a day for packing his lunch, I wont blame him if he does have to eat out. But its rare that that’ll happen. Lately I’ve been making a lot of crockpot meals so we’ll have leftovers for lunch the next day. I’ve also been focusing on making delicious recipes so he wont miss eating out over the weekends. Often times before, we would go to Jamba Juice and buy a smoothie but now if we’re craving a smoothie, we’ll just make one at home. Its a whole lot cheaper that way. And you’d be surprised how much it adds up when you’re eating out.

4. My next tip is to look through the coupons you get sent to your door. Before we wouldn’t even bother and would just throw them out right away. ( I know, we were super wasteful :/ ) but now I take the time to look through them. I’m not a super couponer or anything so you won’t see me at the store taking out a binder of coupons (not that that’s a bad thing, I’m just not at that level). But if I do see a coupon for something that we use on a regular basis or for eating out, I’ll make sure to save it. For example, just last week I found a coupon for a free pizza. There were no strings attached either, we didn’t have to buy anything else. So last Friday for our day of eating out, we literally spent $0 on dinner. That was amazing to me and quite exhilarating to be honest lolπŸ˜„

5. I’ve also been loving no spend weeks. I often will just do one week at a time and then the following week I will let myself buy something that I’ve been wanting (home decor, makeup, etc…) But lately I’m doing no spend months (since we’ll be moving into our new home in a little over a month) and I want us to save up as much as possible so we can have enough to make the renovations on the house that we’re wanting. I have been loving the challenge of not spending any money though. It really forces me to get creative and to find local events that are going on for free. It makes me do more hands on and nature things with my daughter. It’s been so nice and its getting easier over time. This is now my third week in a row of not spending any money on personal things and I’ve been so proud of myself for it.

As we’ve gone over the numbers to see if we can afford a house, I’ve realized that we’ve had the money all along but because of our mindless spending, the money would just slip through our fingers and in the end we wouldn’t have enough for anything else because we had spent it all on meaningless stuff. But spending like we were was just keeping us in the same situation of living in a small outdated apartment that we really didn’t want to be in. I’m so happy that we’re finally taking control of our money so we can really do the things we want with it and not just waste it. It makes me feel so good too as a stay at home mom because I know that I’m helping my family save TONS just by spending smarter. Sometimes us stay at home moms can feel like we’re not contributing enough to the family but I can see now that I am. By being more mindful with our money, I’m enabling us to be able to buy our own home. If it wasn’t for that, we’d always be stuck in the same boat. Because even if I went out and got a job, with our reckless spending, we still wouldn’t have any money left over.

This experience has helped me to see that we need to be in control of our money so we can take it in the direction we want to go. It all comes down to priorities and about what you want most. If you really want a house, then making these changes won’t be such a big deal. But if you rather have stuff, then that’s OK but just know that you may not be able to save for other things. I hope these tips will help you guys with getting a rein on your money so that you can soon move into a home of your own. It’s such an exciting, new chapter in our lives and I cant wait to share all the details, home decor, remodels, and DIYs that we do on the place. Which tip did you find the most helpful? And if you have any tips of your own, please let me know in the comments below. I’ll take all the help I can get!πŸ˜„

Till Next Time,

Paula Moral

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s