{"id":4135,"date":"2016-11-21T03:20:27","date_gmt":"2016-11-20T16:20:27","guid":{"rendered":"http:\/\/www.trc-gorod.ru\/?p=4135"},"modified":"2020-05-25T11:23:58","modified_gmt":"2020-05-25T01:23:58","slug":"investing-houses-4-questions","status":"publish","type":"post","link":"https:\/\/trc-gorod.ru\/investing-houses-4-questions\/","title":{"rendered":"Investing in Houses: 4 Questions You Should Ask Yourself"},"content":{"rendered":"
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While nobody said investing in houses is easy, it is definitely worth the effort.<\/p>\n
After all, you can\u2019t really put a price tag on financial freedom.<\/p>\n
But what if you can\u2019t seem to pull together the money you need to get started investing in property?<\/p>\n
Take a strategic approach to your savings plan.<\/p>\n
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Have you heard of the saying, \u201cif you aim at nothing, you\u2019ll hit it every time\u201d?<\/p>\n
This is especially true of those things which take time to accomplish.<\/p>\n
Instead of deciding you\u2019ll save \u201cwhatever is left over\u201d, set a target number and work your budget around that number.<\/p>\n
Choose the budget strategy that works best for you and stick to it. \u00a0<\/p>\n
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If saving money were always easy, then more people would do more of it.<\/p>\n
The truth is that life can get complicated – there\u2019s always going to be something that comes along screaming for our attention…and our cash.<\/p>\n
The trick is to realise ahead of time that things will come up (e.g. car repairs, vet bills, etc.) so that you can be mentally and fiscally prepared to deal with them…without losing your stride.<\/p>\n
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Your budget needs to be realistic as well, especially if you plan to start investing in houses.<\/p>\n
What do I mean by realistic?<\/p>\n
Let\u2019s say you\u2019ve only managed to scrape an extra $25 per week from your budget to go towards your savings fund.<\/p>\n
It\u2019s asking too much of yourself and too much of your budget to assume that you\u2019ll be able to put away $100 per week straight away.<\/p>\n
Start small, slowly building up your savings while trimming as much of your budget as you can without leaving yourself feeling deprived.<\/p>\n
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It\u2019s important to be realistic about your finances. After all, once you\u2019ve started investing in houses you\u2019ll really feel the impact if you don\u2019t get a good grip on your spending and saving strategies now.<\/p>\n
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It\u2019s not uncommon for people to fall victim to what\u2019s described as \u201clifestyle creep\u201d.<\/p>\n
A raise at work, a new job with a higher salary or even a paid off car loan…if you\u2019ve ever had an increase in money come into – and leave – \u00a0your life with little to nothing to show for it, you\u2019ve been a victim of \u201clifestyle inflation\u201d.<\/p>\n
Don\u2019t let this happen to you.<\/p>\n
If you\u2019re expecting more money to come into your life, assign it to your budget before you get it, preferably to an interest bearing savings account to be used when you begin investing in houses.<\/p>\n
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