Why You Must Buy Your First Home in Your 30s?

3 months ago

A time comes in life when you start thinking of settling down with a job that pays you well to make ends meet, and a perfect home for your family. However, if you are looking to do it all on your own, you may feel little disappointed sometimes just by thinking that you may never be able to own a home or the idea of being settled down somewhere permanently may not appeal to you. If you are in your 20s, you may not get attracted to this idea but trust me, when we turn 30, the idea of living in a home that you can call your own suddenly starts appealing and attractive. 
I would suggest all of you to read this post to grab the idea of buying your own home in your 30s. 


You have learnt the value of money
In your 20s, you spend a lot of your money on unnecessary expenditures such as eating out in new restaurants, getting new gadgets every now and then, or buying designer clothes. However, as you grow older, you realize that such things would not help you build any wealth. You must learn in 30s to handle your money responsibly and become conscious on where you spend your hard-earned cash. Being in 30s also means that you should have already paid down most of the debts accumulated over the years. Before making a bigger financial commitment such as buying a home in Lahore, you should have reduced your debts. 

You know where you want to settle down
After thinking to settle down, years of renting and moving between different areas, by 30, you may have already picked the area (or city) where you want to settle down and raise your family. You may also get the idea of what features you want in your own home. You want a small home within city or want a home with bigger backyard in a suburb. 

You have set your priorities 
Many say life begins at 30. It is the time when you realize what you want to be, what your financial future will be and what you want from life. It may be moving to a new place, starting a family, or being stable in your career. By this time, you must have thought about buying a home in Lahore or any other major city in Pakistan, which cannot just give you stability in life but also help you build equity. If you prefer doing things your way, then instead of buying a move-in ready home, you may have thought to buy a plot and construct it yourself. 

Like what they always say, experience is the best teacher that you will only learn with time. By 30s, you get mature enough to prioritize your options and be ready to face the consequences. Therefore, most of the experts suggest potential buyers to buy their home in their 30s. 

Source: homepakistan.com

Usman

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