Skip the Bagel, and You Can Own a Home

Our colleague, Bob Crane, has shared the most sage advice on what it takes to buy a home today. In our age of instant gratification (Google and Wikipedia give us instant answers to questions, we read our emails on the fly on our smart phones) it's easy to get sucked into habits that give us immediate pleasure - but harm us in the long term.

Read Bob's post and give it a thought. Little changes can have big impacts.

Skip the Bagel, and You Can Own a Home

Every day I meet people who claim that they would like to own a home, yet think that they cannot afford it.

I wonder why they cannot afford a home, many of them have adequate income, certainly more than I had when I bought my first home, some of them make more than I make now and I have a pile of homes these days.

But then when you notice how these good folks spend their money it is apparent why they don't have any money left for the important things like savings or investing in a home.

They cant seem to give up the essentials, like alcohol, smokes, Starbucks, and of course a fancy bagel every morning.

What are some of the things that you could give up that may be preventing you from building wealth with real estate?

  • An overpriced vehicle?
  • Your morning latte?
  • A trip to the bar or liquor store?
  • The latest toy for your kids or yourself?
  • Cable TV?
  • Lunch at the restaurant instead of packing a sandwich?
  • Other short term indulgences that are costing you future wealth?

 

Skip the bagel, Dave Savage

 

Drive a cheap car, live a simple life and you can be the richest person in the neighborhood!

And when you do buy that first house, don't max out your finances, buy a simple home so that you will have money left over to invest in the house next door too.

 

 

 

Click on the infographic to stop and visit and learn from Dave Savage the Mortgage Coach!

 

 

Also, dont forget to go to our Facebook page and hit like for this article there, and maybe even post it to your Facebook page too!

 

 

row of trees

Bob Crane

 Woodland Management Service

 715-204-9663

 2933 Church St

 Stevens Point, WI 54481

 http://woodlandmanagementservice.yolasite.com/

http://woodlandmanagementservice.blogspot.com

http://stevenspointproperties.blogspot.com/

https://www.facebook.com/pages/Woodland-Management-Service

www.facebook.com/StevensPointProperties

facebook             linkedin

Subscribe to our RSS feed

 

Need a free Active Rain Account  Click Here!

 

//

Real estate expertise provided by Bob Crane on ActiveRain

--- Come for a visit; Stay for a lifetime!

Lottie Kendall, Realtor®

Today | Sotheby's International Realty

San Carlos, California, 94070

CA BRE#01215160; 650-465-4547

Lottie@LottieKendall.com;

www.LottieKendall.com

www.SFCondosForMe.com

 

 

Comment balloon 20 commentsLottie Kendall • September 26 2014 07:33AM
Skip the Bagel, and You Can Own a Home
share
Our colleague, Bob Crane, has shared the most sage advice on what it takes to buy a home today. In our age of instant gratification (Google and Wikipedia give us instant answers to questions, we read our emails on the fly on our smart phones) it's… more
Pending Sale - 1221 Highland Court, San Carlos 94070
share
Pending sale - 1221 Highland Court, San Carlos, CA 94070 Properties, like 1221 Highland Court in San Carlos, are selling quickly and selling well. That is, if they are priced properly, prepared well, and thoroughly marketed They don't… more
"I'm smitten by this house… "
share
"I'm smitten by this house" uttered a woman who came to see 1221 Highland Court in San Carlos 94070 on Friday. I loved hearing this, not only because it's a word we rarely hear these days (although I might start using it! ) but… more
A Brutal Apology to Consumers from the Real Estate Industry
share
A re-blog from our colleague, Bryan Robertson. He gives great advice on how to choose a Realtor® to help you when buying or selling property--and tips of who to avoid Dear Home Buyer or Seller, You've been so patient with the real… more
Coming Soon in San Carlos CA 94070
share
Coming soon, San Carlos CA 94070 1221 Highland Court is a 4-bedroom home on a huge lot, over 11, 000 sq. ft. in size Large windows bring in the view and light Numerous skylights Entry level with 2 bedrooms Lower… more
Passport to Retirement-a 'how to' guide for financial success
share
Are you concerned about making your money last throughout retirement? John D. Lee Certified Financial Planner with Securian Financial Services in San Mateo, CA, has seen the need for retirees to continue (or begin! ) to plan for their… more