Dear Teddybear9979

my, advice is don’t buy a home with a boyfriend. do it on your own. it will be more rewarding. AND it is yours. trust me it matters. not everyone has the ability to save. if you do. use it. then don’t get set on being in one place. you might find a better home and job opportunities in another state.

people can tell you to invest and all that’s good. but all investments are a gamble. it’s about saving, not how to invest that is important. just keep saving and if the bank sees you can save they will give you a loan when you need it for that home.

you need to prove to the bank, you are an investment and they can depend on you. Then you can start building with a credit card. but I highly suggest staying away from those. they get a lot of people in financial trouble. Building your credit is important.

I recommend you going to a bank, and start building relationships. Let them know you, call them by their name. chat with the loan officers. talk to them about what to do financially. they will help you. then they will be more willing to help with the loan as well.

when you buy the house... NEVER buy as much as the realtor says you can... do not even let them show you the more expensive... you will want the more expensive every time!!! they are always nicer no MATTER the price range. it is universal. always go with a lot less than you can do!!! I promise you don’t want every dollar to go to rent. those realtors are caring about their pocket trying to get you to buy more! don’t fall for it. you tell the realtor your price range and as soon as they try and show you more expensive, telling you, you can afford it. FIRE THEM! they aren’t caring about you at all!!!

I’m sure you will want a family and be able to go on trips and buy a car and extras. the realtor always gets you to spend as much as you can where you have no money for food. it’s all in the rent. yes, you can afford it, but that’s ALL you can afford.

my advice is... get financial advice from a banker and build a relationship there. save your money. just don’t buy all the bull crap being forced on us. be stronger. saving is a great skill if you can do it. and don’t buy too much house. always go way less, fix it up. use your magic and make it feel like home. home is where we make it

any investment will have a risk.. patience is important. have patience. We act like we gotta have everything, now, in a hurry, make money fast, get our food fast, drive fast, hurry hurry hurry. Why not let time do its thing? and one you’re asking for the impossible.... make money without working. you are going to college accumulating so much debt you can buy 2 homes with what you are doing. trying to make going to college a career. do a trade instead of college. most people don’t even do what they went to college to do. it’s not easy getting a job.

my daughter wanted to be a teacher. was going to go into a lot of debt to do it. and she realized after the second year it wasn’t what she wanted.

she went to real estate school and got her license and instead of her career costing her over 100K she only spent $900 for the online class and was a realtor in a few days not years. She’s making money instead of going into debt even more.

I recommend finding a trade instead of a college. collage only creates debit, it does not help get jobs. having a trade gets jobs. not collage. that is a fact.

you can sell things on eBay, that’s what a lot of kids your age do for extra money sell product. make something and sell it. saving is the biggest key. cut coupons, stay out of stores and amazon. do everything you can to save. give up going out. no more sodas, all that adds up. sell things you no longer really use. minimize while you are saving. remember it’s for that home.

I have found it doesn’t usually work out well buying a house with someone else, even the one that will never leave.

good luck

Athena