How to Budget for a New Home

“So you’ve picked out some locations you’re interested in and thought about the style of home that suits you best. Now it’s time for some planning of the less fun variety. You might have an idea of how much you spend each month, but without cold-hard math, you really don’t have a clear indication of how much money is going out. Follow these tips to creating an effective budget for your home and family.”

Owning a home is a huge blessing when you have the money to make it work. But how do you know how much home you can afford?

That’s where the dreaded B-word comes in. Yep, a budget. Budgeting may get a bad rap, but it’s really quite simple to do. Let’s break it down into a real-world example to see how it works…

Read more: https://www.daveramsey.com/blog/how-to-budget-for-new-home

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