Money saving tips for new home buyers

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10 money saving tips for your new home from
HousingMan
www.housingman.com/news/10-money-saving-tips-for-y
our-new-home-from-housingman/
HousingMan presents simple yet effective ideas to
save money to buy your dream home. Everybody has
a lot of sentiments and memories attached to
their home, be it a significant event, welcoming
a new member in the family, childhood memories
spent or just the whole vibe, feel and
atmosphere of the area/locality/place you are
brought up in. Everyone aspires and dreams to
possess a dream home, a place which they can call
their own. We wish our generations and children
stay attached to the place we once called our
own. How do you fulfill your dreams and wishes
in such crunching times? How do you actually
convert your house into a dream home you have
always dreamt of in times of such adversities
and scaling costs?
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Money
saving tips form HousingMan
TIP 1. Research and Negotiate the best
price. Based on your family requirements and
discussions it is important to research on the
kind of house you are looking to buy. Compare
the different areas, the builders and verify with
the already present owners of the apartments, if
planning to buy within the same apartments or
within the locality. Negotiate with the builder
or broker and come to a good conclusion which
satisfies your budget to purchase the house. TIP
2. Right home loan at a good rate along with
best deals on other things.
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Enquire at different banks to find the best loan
deals. If you know of any who could get you
great deals on electronics, home décor or other
significant requirements, ask for their help and
get major savings through them. Another great
option is to make the best use of sales, coupons
and codes, vouchers, rewards as well as cash
back as much as possible. Shop around, do your
research and get as much of a deal as you
can. TIP 3. Take advantage of tax benefits and
other incentives. Research well to check all
kinds of government based tax rebates and
benefits you may be eligible while investing in
your new home you may save even more money than
you expected. TIP 4. Create a monthly
budget. Savings are crucial and an important
part of financial goals. It is important to
create a family budget, be it weekly or monthly
in the utmost realistic sense and then stick with
your fixed plan. Remember, a penny saved is a
penny earned. TIP 5. Work more and save less
for retirement. Spending less-Yes, but working
more and bringing home more money for your dream
house is also a great way to supercharge your
savings. Like an additional source of income. Be
it overtime, freelance work, projects or a second
additional work, take every opportunity that
comes your way.
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Saving less for your retirement and more for your
down payment simply means you are saving for the
future in a different way because a house is
also an asset. TIP 6. Install Solar Energy and
choose energy efficient appliances. Using solar
energy reduces considerable electricity cost and
is also easy to install and use. Even if you have
to pay a little more up front, investing in
energy efficient appliances will lead to
long-term reliability and savings. TIP 7. Save
highly on water and electricity. Simple
adjustments can lead to big differences. Like
switching off all your appliances when not in
use, when you are not in the house or in a
particular room during that time, using LED or
CFL bulbs, taking care of all leakages, pipes and
faucets so that no water is wasted. These simple
things show up as big savings on monthly
bills. TIP 8. Stop overbuying and investing in
anything and everything. Its easy to put
everything in your cart and get things home, but
to give it a second thought, how much will you be
actually making use of all these stuff? Always
research, plan, decide and buy only things
actually useful for your requisite. TIP
9. De-clutter to trim and win!
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• Let go off unnecessary things which you no longer
  use, through a garage sale, on one of the online
  sites or even on facebook groups and
  communities. Its a great way to earn some extra
  cash along with getting rid of unused and
  unrequited stuff from your house.
• TIP 10.
• A few quick adjustments to your lifestyle.
• Reduce your travel expenses Use public
  transportation or car pool as and when possible
  and ditch your car. This will be good on savings
  as well as lead to pollution control.
• Break too many addictions A better option
  health wise as well as budget wise is to break
  cigarettes and drinking addiction. Think of
  saving money from these sources.
• Home-made options Try stirring up meals at
  home, rather than opting for outside food. A
  great option for a good diet as well as
  considerable savings.

www.housingman.com/news/10-money-saving-tips-for-y
our-new-home-from-housingman/