Owning a House Should Be Your Most Important Financial Plan

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A house is the most important thing that you should buy as soon as possible. You need to focus on buying a house instead of a new car or a new cellphone. A house will help your financial condition become better.

If you have a house of your own, you can safe a lot of money. Instead of paying renting fee every month, you should pay interest for the bank and live in your own house. The money that you pay for the landlord will be his money but the money that you pay to own your house will be yours. If you can pay all the money in one time to buy a house, it is good. Most of people cannot pay all in one time for owning a house, people always need to borrow money from the bank to buy a house and they have to pay interest as well as the debt every month. A man will lost his house if he cannot pay the debt anymore but no one ask him to move to another house when the contract is expired and the landlord wants to increase the renting fee.

When you have a house, you can focus better on your career because you do not need to waste time for finding a new house to move when the landlord asks you. Moving to a new place will harm your career as well as your personal life. You may change your habits, meet new friends but lost contact will some old friends. You may even change your job when you live in a new place. You cannot focus on your career if you have to move from houses to houses frequently because it waste your time and your energy.

If you have a house, your reputation will become better. If you want to buy a house, you have to have enough money and a good credit condition. Having a house of your own means that you are a stable man, you have a good financial condition and people can believe in you because they know where you are if they want to find you.

You can have a financial plan to buy a new car, invest more in stock market or set up a new business and so on. But you should focus on buying a house first.

I’m a freelance writer and translator. You could read more about Business and Career at my home page.

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