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 home ownership? That’s gonna be a hard pass.
Fact is, some home ownership costs are non-negotiable – mortgage, council taxes, and insurance.
But there are also home expenses that are completely unnecessary — ones that can be mitigated, managed, and minimised.
Here are 3 ways to help you steer clear of frivolous expenditures.
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.
Don’t overlook energy efficiency. An energy audit is a simple way to learn where your hard-earned pennies are flying out the door — literally.
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. My guess? You might not even notice if they're gone.