I have never lived in a house/apartment/dorm room for more than five years. To some, that sounds awful. But for me. It’s been great. Why? Because I’ve gotten to decorate a new bedroom (when I was a kid) or a whole home (on my own) every five years or so. And that means that I’ve even had purple and black carpets in two of my many bedrooms. Yes. Purple carpet. Every girl’s dream. And black carpet. Every teenager’s dream. (Shout out to Mom & Dad.)
Needless to say, I couldn’t be more thrilled that we now have a home that we’re planning on staying in for the foreseeable future. (forever and ever.) And the fact that it’s taking me longer to decorate is A-OK because I have all the years in the world to do so.
But first, on how we got here. Being a first-time home buyer can be crazy nerve-wracking. And being a first-time home buyer in a major metropolitan area can be even more of a nail-biting good time. The good news, there are endless options. The bad news, same thing.
Now since I’ve been through this, I figured I could offer a few tips with the old Boston touch. Today, the most important. The one thing you must do before you even start looking. Before your hopes get high. Make a budget. You gotta do it. It isn’t the fun part. But that’s for later. There are plenty of downloadable spreadsheets on the internet, but here’s a breakdown of ours.
You might have more or less expenses, depending on your habits (Netflix, Weekly Dry Cleaning, etc..) but this is a pretty good start. And. Because I love ya, I’ve got a downloadable Excel version of our blank spreadsheet right here. It has two columns (now, renting and later, owning) and we calculated everything to be based off of a full year’s expense.
I’ve got some more Boston specific tips coming up soon too. Hold on to your house keys!