Adjusting Your Budget For a New Home

Real Estate Broker/Owner with Gwen Fowler Real Estate, Inc 10307

Having a place to call home is a necessity in life. However, owning a home is no small feat! Affording a home means saving up which can be difficult to do since living is so expensive but if you focus and follow these few steps those new keys will be in your hand sooner than you would have thought. 

Get out of Debt: If you have a credit card from college that is hanging over your head it's time to look at seriously paying it off. I know how tempting it can be to spend the money on something else but not only will that bill be behind you it will improve your credit! 

Set a Goal: "New House" is not exactly the goal I have in mind. $20,000 is something more tangible to aspire to. When you break it up into money increments you can change your goal making it more and more expanding your home budget more than you would have thought. 

Start Early:  Maybe this is your sign to start today! If you plan on owning a home in the next 5 years try saving $200 a month just for your home and in 5 years you will have saved $13k! That's just the start but it sets a strong base! 

Eat at Home and Plan Your Meals: This one really can save you $100's to put towards a home or anything really. I use to spend $50 a night on groceries now I Spend $50 a week by planning the weeks meals in advance. It cuts costs a lot but I will say it will make you want to up your kitchen budget when looking into a new home. 

There are tons of other ways to get your budget rolling but here is the best start. The satisfaction you will feel the day you are given your new keys will make it all worth it!


Posted by


Gwen Fowler-Brown

Gwen Fowler Real Estate, Inc
317 South Highway 11
West Union SC 29696
Serving Oconee County, from the banks of the Chattooga River to the shores of Jocassee, Hartwell & Keowee Lakes.


Contact me about property in Oconee County, Seneca, Walhalla, Westminster, Long Creek, Salem, Mountain Rest, Richland, Sunset and Six Mile, SC.  2nd homes are our expertise. 

The best number to reach me at is 1-800-248-8950.

View our listings at

Gwen Fowler Real Estate, reasons for going to work each dayBlue Ridge MountainsOC Spot Monday Holstein



Comments (2)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Gwen,  I safe lots this year with covid and eating at home more.  But would like to get out more.

Feb 17, 2021 09:53 AM
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Great advice, Gwen Fowler-864-638-3599 SC Mountains Lakes Homes we are hoping our daughter is able to buy a home within the next year. Renting is such a frustrating thing for her at this point. 

Feb 19, 2021 11:11 AM