So we’ve already covered how to set your NEEDS vs WANTS, and how to compare them against each other when trying to find the right land to buy for a homestead, but now let’s get into the meat and potatoes. Just a heads up, this process may get frustrating. Try to keep that frustration in perspective, and don’t sacrifice anything that you’re not comfortable with. You might end up looking longer than you had anticipated, but that just gives you more time to save. (more…)
By this time, I had already accomplished step #1: paying off my debt and step #2: saving for a down payment. While I still wasn’t quite certain what my total amount needed for a down payment was, I was satisfied that I was contributing towards that savings. Now all we needed to do was find the perfect land to buy for our homestead. (more…)
In the previous two posts I discussed where we were at when we decided to take the necessary steps in order for us to buy a homestead. I outlined the debt that I had at the time and how we overcame that. Now we’ll move on and focus on step #2 which is saving for a down payment. (more…)
In the last post we discussed our goals and how we got to the point of realizing that in order to build a homestead, the first step was to get out of debt. Again, this is where Bre saved me. If I were a financial advisor, I would have a lot of broke and unhappy clients. I’m just not very good at managing my income. I used to be a bartender, and I found myself living paycheck to paycheck. After rent and utility bills, there wasn’t a lot left over. Once I got hired for my career job, I expected that to change. I would be making double the salary I was used to, and there surely would be some extra money left over. Yet that was not the case. After buying a new truck and buying the house, those increased payments reflected in my net salary. I was still living paycheck to paycheck. (more…)
I will get into the reasons behind our decision to build a homestead in another post; this post is more of a reflection of the events leading up to our decision, and a reminder to myself of just how far we’ve come. The single most important step to building a homestead is planning a homestead. These first few posts will be interesting as I remember the details that we’ve encountered. I apologize if they’re a bit chaotic and unorganized until I catch up to our present time, but that’s just the way my mind works. (more…)