In our last two blog publications, we have discussed four of the six steps to take if you want to save up quickly in order to acquire a property. Today, we will discuss the remaining two steps that will make your property’s purchase a reality despite the current negative waves in the economy of Nigeria. Below are number 5 and 6 steps on how to quickly save for the purchase of a property:
- Embrace minimalism
Embracing a minimalist lifestyle can help you save a lot of money for a home. Do you buy new things when the current ones are still good? Do you buy things when you do not necessarily need them? Do you know that items like shoes or designer perfume can go for a fair price on some websites as against the expensive ones that you are currently buying via some stores? Work on buying same for less. It helps you save more.
- Get wise about entertainment
You need to eliminate expensive entertainment. Even one date night to the movies per month can put a dent in your efforts to save for the purchase of a property. If you are used to buying 6 bottles of wine at the store each week, your alcohol tally could be up to thousands of Naira per month. Exercising at home instead of paying for a gym membership (or finding free yoga classes in your area) can also slim your budget and help you save.
If you are worried about how to buy a reliable property, please contact us at South and Sttes Properties Limited.