How To Get Your Finances Ready to Buy a House

Buying a house can be overwhelming. Learn how to get your finances ready for homeownership so your new home is a blessing and not a burden! Preparing Your Finances to Buy a House Buying a house is a huge personal and financial milestone for many families, but it can also be a stressful and complicated process. One part of the stress is buying a house that's affordable. You want to be financially prepared There's plenty of advice on buying a house and not all of it is good. Have you heard 'buy as much house as you afford'? I mean sounds good on paper, but the reality is if someone is telling you that you're probably pushing your house budget in a direction that could be a huge problem once you sign those papers. Or how about the suggestion of building your credit by getting a credit card? I don't want you to fall into a trap where your finances are so tight that the house you buy makes your miserable. Today we're going over some key areas of where you needed to pay attention and prepare your finances so that when you a buy a house, it's a blessing and not a burden. Which is why I'm happy to have Steve Stewart on the show today. In this episode we're going to look at: preparing your finances so you can comfortably buy a house the role credit scores play and how to raise it building credit without accumulating debt with alternative ways to report credit history to lenders We have a lot to cover, so let's get started! Resources on Buying a House If you're looking to buy, here are some resources to help you find an affordable place you love! Best Budget and Money Apps: Empower, Tiller, Mint Grab My Book: Jumpstart Your Marriage and Your Money Buying a Home  eCredable StellarFi ExperianBoost How to Snag a Great Deal When Buying a House How to Buy a House as You Pursue Financial Independence If you'd like to chat more your money system, please join us in our private and free Facebook group – Thriving Families. We're families looking to support and help one another out. Hope to see you there! Thank You to Our Sponsor Coastal! Support for this podcast comes from Coastal Credit Union! If you're living in the Raleigh Durham area and looking to bank better, come check out Coastal today. As a credit union, Coastal serves its members first including an annual loyalty bonus. We've been members for years and love their service and competitive rates on checking and savings accounts! Support the Podcast! Thank you so much for listening to the podcast! If you enjoyed this episode and found it helpful, here are some ways to support it. Spread the word! If you enjoyed this episode and think it can help a buddy get on the path to dumping debt and become financially free, please share. Join our coffee group ☕: Get access to exclusive behind the scenes videos, chats, and more! Leave a review. Honest feedback and reviews make a big difference and gets the word out about the podcast. Leave your review on Apple or Stitcher. Grab a copy of Jumpstart Your Marriage and Your Money. My book is designed for a busy couple to set up their finances in four weeks. Get tips and tools that have worked for other couples on their journey of building their marriage and wealth together! Photos by Lukas Hartmann and Daniel Frank