So you have been saving up for a long time to buy a home. You have diligently stuck to your budget, squirreling away your hard-earned dollars into a savings account. The next trick is not to bust your budget when you actually go to buy your home! Many people save up the minimum required for the deposit, usually around 20%, and then dive into home ownership. The problem with this is that they then do not have any money left over for costs associated with moving in and setting up home. Keep saving for as long as you can so that you have the deposit and a chunk of cash you can use as a … [Read more...]