To keep alive your dream of home ownership, I suggest you create a “dream board”, which is a poster or large paper with pictures of your vision. Find magazine photos of houses you like and glue them to your dream board. What about a photo of your children and your college hopes for them, travel and vacations? Definitely show what retirement will look like for you.
For example:
• Buy a house within 1 year
• Be debt-free within 5 years
• Save up for children’s college in 10 years
• Pay off mortgage in 20 years
• Retire in 30 years
A "dream board" reminds and motivates you to pursue your goal of home ownership.
Read more in our book, "Buy Your First Home", http://tinyurl.com/cs4724e.
