While greater it
is the initial payment, smaller
they will be the monthly payments,
so it follows these advice to arrive
at this goal. By: Nancy Dunnan
These are seven ways
to begin with your mission for convertirte
in proprietor of a house in Hermosillo.
Step one:
It begins with the program
The first step to
save sufficient money for the initial
payment is psychological: Desire.
You and your spouse or pair must
REALLY wish to buy a house. With
the passion sufficient to be proprietor,
you will be with the motivation
to save each cent that you can.
In order to increase
your desire, it spends a weekend
watching houses or apartments in
hermosillo within the budget that
you think that he is yours. To save
will be much more easy if you have
a clear vision of a house of two
rooms and two baths, with white
blinds in the street Elm tree. This
vision will help you not to make
purchases impulsivas, like buying
a second automobile or spending
in expensive vacations.
Taking photographies of the houses
that you like more and pégalas
in the refrigerator or, better still,
colócalas in the writing-desk
next to the chequera.
Step two:
It reviews your budget
Or, if you do not
have one, hazlo. Next, you do a
list of the areas in which you can
save and dedicates the money for
your account of initial payment.
You do not eliminate everything
what has a diversion element since
it is good for enjoying the life,
but begins to be more cautious.
The following ones
are advice to save and ponerte with
the suitable disposition. It includes
your own advice in the list.
It leads to the speed limit. To
travel to 65 MPH instead of a 55
MPH increases the consumption of
fuel in a 20%. (Motor GM Club) It
trims coupons. If you save 250 pesos
to the month in coupons of foods
and medicines, that means 3.000
pesos to the year.
It takes your own
lunch to the office. If you spend
15 pesos to the day in a sandwich,
a soda water and an ice cream, that
represents 3750 pesos the year,
considering two weeks for vacations.
And it without telling to sandwiches
and coffees. It imagines what you
spend per day in lunch, and the
days that you take to the house
lunch pon that amount in your account
for the initial payment.
It sees the
work with other people.
Or, it walks, it walks in bicycle
or it takes the bus to go to the
office. The taxis are a guaranteed
way to spend 25 pesos in five minutes.
Speech less.
Asegúrate to have the economic
plan of calls. And if beams
many calls of long distance, buy
a prepaid card.
You do not
contract niñeras.
It establishes a species in mutual
agreement with friends and neighbors.
It lets smoke.
To let smoke a small box
to the day will save 5.400 pesos
to you to the year. It avoids to
eat outside. It places what you
saved in your account for the initial
payment.
You never
open a catalogue. Tíralos
immediately. If a look throws to
them it is possible that you find
something that you like.
You do not
take much money in cash with you.
If you leave your cards
of debit and credit, your notebook
of checks and most of the money
in cash in house, it will be to
you difficult to spend. However,
it takes sufficient money for the
day plus a check in target and,
for cases of emergency, it takes
checks travelling.
Step three:
It opens an account for the initial
payment
You will need a special
account where to place your savings,
as a banking account of savings
that pays to high interests or a
certificate of deposit.
Ten in account that
the banking certificates of deposit
have a definitive advantage on the
accounts of savings or the market
of values. The money is assured
to date victory. In other words,
you will receive a fine if extractions
the money before the date of victory.
Conclusion: More you will be limited
to use this money for another thing
that is not your house. The certificates
of deposit have dates of victory
of one to five years. It determines
which period agrees to you more.
Advice: Lee Certificates
of Deposit: For Tips Investors,
(Certificate of deposit: Advice
for investors), a gratuitous publication
of the National Commission of Values.
Step four:
Cuéntale to your
family
If your parents or
relatives send gifts in your birthday,
anniversaries to you or in the celebrations
of year end, it is possible that
they wish to contribute with your
account for the initial payment.
But you do not insist; some parents
prefer to make special gifts to
their children. Nevertheless, he
is not of more letting know to them
which is your goal.
Step five:
It works in “automático”
If you do not see
it, you cannot spend it. It fixes
that certain amount of money is
deduced of each check of payment
and transfiérelo automatically
to your account of savings or values
in your bank or cooperative of credit.
If you are an independent worker,
establishes the same type of plan
and beam that transfers the money
every month from your current account
to your account of savings or a
mutual bottom.
Step six:
It reduces the debt of your credit
card
It always carries
out the minimum payment every month
in your cards to avoid to pay high
interest rates. Better still: It
pays each account completely and
it avoids high rates by balances
nonpaid. And asegúrate to
send the check (or to make the transference)
long before the date of victory.
An increasing number of emitting
companies of credit cards is fining
to its clients by slow payments.
Advice: The ideal
would be to eliminate the debt of
your credit card more soon possible.
It begins to pay the credit card
that has the higher interest rate.
Step seven:
It continues paying
When you pay the
loan of your automobile or of an
education credit or you undo of
the debt of your credit card, it
continues doing checks by the same
amount every month, but deposítalos
in your account of savings. You
have already learned to live without
that money, now you can separate
it.
Nancy Dunnan analyst
and financial adviser of New York
specialized in helping people.
