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Entering Contests and Raffles Online is a Gamble?

Posted by on Jun 12, 2018 in Gifts for College Students | 0 comments

gambling

We’ve all seen the email, gotten the piece of mail, received the phone call, you’ve been selected or you have won… followed by a long pitch about a product or service you have never heard of before. The idea of winning something is exciting and it is also a gamble! Registering to win something can be as simple as putting your name and email address on a website and then waiting. You might think your chances to win increase with the more contest you enter, this is just not true. Even if you win one contest the likelihood of winning anything is rare.

However there are many pitfalls to registering for a lot of contests. Your email and information can get sold and then you receive tons of spam that is unrelated to the contest you registered for. You can receive unwanted emails, calls, and mail for the rest of your life because once your information is out there; it is nearly impossible to remove it.

Now that’s not to say all contests or raffles are scams, some of them definitely have winners, but for every hundred or thousands of people who register only one person will win. Statistically speaking it’s unlikely that you might win. However some people will say, well you can’t win if you don’t play. This is true, but at what cost are you applying to win? Entering your personal information seems simple enough, but do you know where that information goes? Is it discarded, unlikely. Is it sold over and over, yes!

Knowing when you are receiving a legitimate email, letter or phone call for a prize is difficult only if you register for so many you cannot keep track. So if someone contacts you and says you’ve been selected, you might want to think twice before believing you have actually won anything.

Here are 12 signs from TheBalanceEveryday.com that the prize you just won is fake:

  1. Anytime the person or business contacting you requests payment to receive your prize.
  2. The email account that contacted you is a free email account, like Hotmail, Yahoo, Gmail etc.
  3. They tell you, you won something you don’t recall registering for.
  4. The person or company sends you a giant check for your win notice.
  5. The individual or company wants to send money via Western Union.
  6. The person on the other line is very pushy and wants you to make a decision quickly or the prize will go to the next person.
  7. They ask for your bank account or credit card information.
  8. Winning the lottery without buying a ticket.
  9. They do not address you by your name.
  10. They falsely represent a government organization to get your information.
  11. The notice contains spelling and grammatical errors.
  12. Sweepstakes scam notifications arrive by bulk mail

So it turns out the Prince from Nigeria is not only a bad speller and pushy, he needs your credit card information to confirm your identity before wiring your money Western Union for the lottery ticket from a foreign country that you have never visited and do not remember buying a ticket for and is contacting you from a Hotmail account might be a fake?!

I know this seems a bit crazy, but their target market is young people or older people. If the scammers pressure one of these two generations they have a chance of getting them to give them information to win the prize.

If you register to win a Jeep from a local car dealership, your information will remain on their mailing list, they will usually not sell it and you can always ask them what they will do with your information before you register. If you are going online and registering for every raffle or contest you find that the prize is something you might like, chances of you being contacted by scammers are high.

If you are not sure about the prize you were contacted for, get their name and phone number and ask to call them back. Consult with someone about the situation to see if it seems legit. Never NEVER give any information to a random call from someone saying you have been selected or that you have just won a prize. You should always be able to call them back and claim your prize if it is in fact a legit raffle or contest.

If you want to win the next iPhone or whatever it is that the raffle or contest has as a prize, consider what you are giving them for free and how it impacts you and your information for years to come. Is the idea of winning a $1000 new iPhone that will be outdated in a year worth your personal information being sold worldwide for years to come?

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Best Grants for Young Entrepreneurs

Posted by on May 10, 2018 in Scholarships and Grants | 0 comments

Best Grants for Young Entrepreneurs

If working your way up the corporate ladder… hoping to make a difference down the road doesn’t sound like your cup tea, perhaps you are an entrepreneur, but don’t know it yet. If you recently graduated from college or university and have found that the only options available to you are starting at the bottom and working your way up over the years, but you are filled with great ideas and aspirations to doing something big now, consider starting your own business.

Australia boasts about having capital available for entrepreneurs wanting to make a difference now, but who lack funding. Check out all that is available by region and business type at SmallBusinessLoanAustralia.com. Some of the best ideas come from those people who are willing to take risks and build businesses out of products or services that have yet to be invented or need improvement. If hearing NO doesn’t faze you, you might be cut out for the job, the job of boss… your own boss. There are services out there to help guide new entrepreneurs in the right direction, there are event local FaceBook groups filled with other entrepreneurs willing to share their knowledge and help others not make the same business mistakes they made. In the sport of entrepreneurship, everyone can be a winner, even if they are competitors!

Getting Started

Great! You have an idea! Now how can you take that idea and turn it in to a product or service that people want? Check out and maybe become a member of SME Association of Australia. This organization will help guide new entrepreneurs in the right direction when developing a business plan and more. Building a business plan starts with research, a lot of research. Does this product or service exist anywhere else? It may seem silly, but finding a similar business or product is actually not a bad thing! If someone else has already done half of the legwork to develop a product or service similar to yours you can gain a vast amount of knowledge by checking out his or her product or service. Review their webpage, their customer base etc. This can shave a ton of research time off of your plate. If you cannot find a comparable product or service to your idea, which has already launched, this means you are leading the pack and you have a lot of work to do and little time to do it before someone else may launch their model of your idea. It’s a race and you better get ready!

Funding

Typical means for business start up capital can come from a myriad of sources. Some people are able to take from available funds they already have, but this is not the norm. You may be able to sell something in order to get enough money to get your idea started and off the ground. If you can find anyway to start your business without creating debt owed to friends, family, financial partners, banks, or other interested parties do it! It can create a lot of strain on a new business owner trying to launch their product/service and business while trying to keep stakeholders happy as well.

Grant Options

Australia offers numerous grant options that can help get you from an idea to a launched business with products and services. Regions fund many of the grants available.

Talent + Grant has available funds up to $40,000 AUD to help support an artistic outreach and business plan. Funds Available in ACT, NSW, NT, QLD, SA, TAS, VIC, and WA.

Jobs Action Plan NSW Grant has available funds up to $6,000 to help a business who has grown and needs to bring on employees cover costs of the new employees payroll taxes.

Regional Economic Development Fund NT has funding for up to 50% of projected costs if the project helps develop the Northern Territory.

Innovation Connections Grant has funding for territories: ACT, NSW, NT, QLD for small to medium sized companies to work on collaborative projects in the technology industry.

Championship Grants TAS has funding up to $7,000 AUD for organizations to bring sporting championships to Tasmania.

Regional Events Funding WA has funding for up to $50,000 AUD when a business or organization brings awareness to local culture in their communities by hosting events that showcase these cultures.

National Radioactive Waste Management Facility Community Benefit Program has funding available from $5,000 to $1 million AUD for projects in Barndioota and Kimbal in South Australia if they are helping strengthen the ecosystems.

Trade Support Scheme NT can help cover up to 50% of costs associated with international marketing

New Market Expansion Program TAS has funding for businesses located in Tasmania to create new markets domestically and internationally.

Future Industries Sector Grown Program has available funds up to $1 million AUD when then project will create jobs and help grow the economy in Victoria.

While this is merely a handful of the grants available to Australians each grant has it’s own restrictions and guidelines for the application process and policies surrounding the usage of the funds made available to the grant winners. With all of these different funds available it is no wonder that Australia has experienced year over year economic growth recently. While entrepreneurs are out to change the world, they need to work efficiently and not create more financial burdens that they need to. Grants are a great source to help provide aspiring individuals the tools and know how to get their idea off the ground and running.

“The question isn’t who is going to let me, it is who is going to stop me.”

– Ayn Rand

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College Side Hustles: How to make money from writing

Posted by on Apr 13, 2018 in How to Pay College Tuition, Saving Money | 1 comment

writing for money

With the rising cost of going to college, working while going to college is more the norm than it used to be. After the housing market recession students are more aware of their financial situations and trying to keep from graduating with mounds of debt. Many will try to pay for their classes during the semester after securing a student loan to cover the upfront costs. Students have crazy class schedules that can make it difficult to find employment to help cover their bills.

Freelancing:

Students often don’t realize that they have a skill that they have been developing for years, writing. From grade school through high school students have been working on mastering the skill of writing, whether they wanted to or not. Being a freelance writer can be the ‘write’ fit for a lot of students. Freelancing works around your crazy school schedule because you can write for a client a 2 am or at 10 am between classes. You can literally work wherever with your laptop by your side and Wi-Fi on campus.

Job Market:

You can find a job just about anywhere. There are job boards created just for freelancers. Every website on the Internet has content that they either need to update or create. Some sites will pay top dollar to have great content. Others will pay low rates but spend more time correcting and editing a freelancer’s work. There are a myriad of types of contract work available.

Pay for writing depends a lot on the content being written about and the experience of the writer. As a freelancer you can decide what your time is worth when you write. Some content positions will pay $0.05 per word; others can pay up to $0.25 per word. If a client asks you to write a 1,000 word article you charge them $.05 and it takes you two hours two write maybe a little longer you have just earned $50. If you were working for minimum wage you would need to work about 7 hours to earn $50. Clearly the minimum starting pay for writers is better than the US minimum wage. If you write faster, the higher your hourly rate is.

Experience isn’t always required. You have papers you have written for college and other projects, this is already a beginning of a portfolio. Just because it wasn’t paid work doesn’t mean it can’t be used to help get you that first writing job.

There are inexpensive classes you can take that will teach you how to become a freelance writer. Earn More Writing is an example of this type of course. It has several levels of courses you can take and can be done in a relatively short period of time. You are also learning from someone who currently makes a living at freelance writing, who has taken the time to share her knowledge.

While you can figure out how to freelance all on your own, you will save time, energy and money by taking a course on how to become a freelance writer.

What Should I Write About?

When you are just starting out you should write about topics you already know about. Maybe you just took a class on a subject that really interested you; this is a great starting point to build a portfolio. You shouldn’t write about things that do not interest you as your writing may be affected by your lack of interest for the topic. Keep in mind if you write about something that isn’t fun the rate per word could be higher, so you could earn more for your work.

Pitching clients can happen in lots of different forms. You can send cold pitches to websites or companies. You might not hear back, but then you might hear back right away. Dealing with rejection or just no reply at all is a good thing to learn early on.

Having an Online Presence:

Creating a portfolio of your work doesn’t have to be fancy. You need a simple site, and you can even use a WordPress site for free to begin to market your writing. Create a bio explaining you are in college and what your interests are and you can link some of your writing you have done for school to start in your portfolio. Once you get some online published work you will want to add this to your portfolio.

Freelancing while you are in college is a great way to earn some side money or even enough to pay your tuition. The ability you have to market yourself and time you have available are really the only things you need to get started. You can write whenever and wherever. The flexibility is endless when it comes to freelancing.

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Top 5 Tips for a Successful Spring Vacation for College Students

Posted by on Feb 22, 2018 in Featured | 1 comment

College students actively look for interesting places to spend their Spring Break vacation. This is particularly true for students that study in colder climates. The idea of enjoying an exotic locale for Spring Break vacation is appealing to escape the cold weather, enjoy the parties, and get some extra sunshine. There are many locales that have capitalized on the Spring Break vacation market; however, when the time comes to choose where to go, it is important to carefully consider which destination has the most value, yet is at a price that most students can afford. Consider the conversation below when picking your next economic Spring Break vacation destination.

The Best Locations for Spring Vacations

When trying to decide where to travel to for your Spring Break Vacation, it is important to analyze several factors and decide which are the most important to you.

Beach: If you are looking for gorgeous beaches, it is highly recommended to spend your Spring Break Vacation in places such as: Cancun, Mexico, Puerto Vallarta, Mexico, Jamaica, and Punta Cana, Dominican Republic. In terms of beaches, these locales have an excellent local culture that also have picturesque beaches. If you are looking for teal blue waters and white sand beaches for your Spring Break Vacation, these are the ideal places to start.

Parties: Spring Break Vacations are known for their parties, particularly when students are enrolled in their four-year degree program rather than graduate school. In terms of parties, it depends what kind of party you are looking for. If you are looking to enjoy tequila shots and authentic Mexican cuisine, then you should be going to Mexico. If you are interested in trying the rum that the Caribbean is known for, you should be visiting Jamaica. If you are looking to stay within the United States and enjoy in American festivities, you should be looking at Miami, Daytona or San Diego for your Spring Break Vacation excursions.

Distance: Distance will depend on where you are studying. If you are studying in the East Coast in the United States, places in Florida and Texas will be better suited for you. You will be able to experience warmer weather, parties, and beaches all in one. If you are already studying in Florida or Texas and want to head to international waters, then heading to Mexico, the Dominican Republic, and Jamaica will provide you with the cultural stimulation you desire.

Price: Price is a major factor for students. Depending on where you are studying, price will be affected with the cost of airfare and hotels available during high season. There are many packages with cruises in the Caribbean or flight/hotel combinations that can be more economical than staying within the United States. Bearing in mind price considerations is important when deciding which destination will be the best possible fit for your ideal Spring Break Vacation.

The Best Dates to Travel

Spring Break vacation varies depending on which university you study at. That said, Spring Break vacation usually happens between mid-March and mid-April of every year. If you are able to reserve your travel plans early, the best date to travel will depend on what discounts you are able to obtain that coincide with your specific Spring Break vacation dates.

The Average Cost of a Spring Break Vacation

When trying to calculate what your average Spring Break Vacation will cost, it will depend on whether you will be staying for the full week, the proximity of the location to where you are studying, and the packages/discounts that you are able to obtain. A general rule of thumb is that a domestic Spring Break Vacation within the United States if you are studying domestically will hover at around $500-$1,000 depending whether you are flying cross country, sharing hotel rooms with travel companions, and the amount of capital you spend on food and beverages. If you are venturing to foreign territories within the Caribbean or Mexico, the average price will hover between $1,000-$2,000.

5 Ways to Save Money During Spring Break

It is possible to cut down the cost of your Spring Break Vacation

1.Travel with Many Friends: Traveling with a group of friends is a great way to cut back on what you will be spending on your accommodation. You will be able to stay in a nicer place for groups and still save money at the same time.

2.Pick a Destination That Is Cost Effective: Picking a destination that is cost effective in terms of distance and overall price will cut back your cost. Be realistic at what you can afford so you are not stressing about the price the whole trip.

3.Look into Travel Packages: There are many travel packages available that can help cut the cost down of your trip. Looking into packages with cruises/airfare, hotels/airfare or all-inclusive packages are a great way to really get a better locale and overall value for your Spring Break Vacation.

4.Cook with Your Friends: One of the costs that hits you unexpectedly with Spring Break Vacations is food. If you are staying in a group setting, it can be really fun and memorable to prepare meals with your friends. This will cut down your cost substantially.

5.Downgrade Your Hotel: If you are in a beautiful place, you may not want to spend much time in your hotel room. If this is the case, then you can downgrade your hotel and save a great deal of capital.

Final Remarks on the Subject

Traveling for your Spring Break Vacation is a memorable time for many college students. It is important that you are intelligent with how and when you are spending your capital. Being realistic about what you can afford and where you are interested in visiting is essential to finding the right Spring Break Vacation for you. Lastly, be open to exploring the tropical areas immediately around the United States. At times, there are potential travel packages that can help you to save a substantial amount of capital on your Spring Break Vacation while simultaneously providing you with a rewarding travel experience.

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Why Use Comparison Sites to Guide Financial Decisions?

Posted by on Dec 19, 2017 in Saving Money | 0 comments

choice

Financial decisions cause us an inordinate amount of stress. From small financial worries – like how to budget for day-to-day expenses – to large financial worries – like when and how to invest – can be stressful enough to send us into a tailspin. It doesn’t help, of course, that there are so many options and possibilities out there. With financially-minded technology it feels like there’s a new product, service, or bank to consider every day. This can add to the stress we’re already feeling and cause us to do one of two things:

  1. Shut down completely. If we’re feeling overwhelmed, we may come to a standstill. This isn’t helpful because we won’t be able to make an effective decision that meets our financial needs or solves our problems. We might lose money, pay too much in fees or interest if we refuse to change banks or services, you name it!
  2. Make a snap-judgement decision – that’s wrong for us and our situation. We’ve all made poor financial decisions in the past and it’s never fun. If you make a judgement call without knowing all the information, or based on bad information, you could truly cause yourself financial harm.

Obviously nobody wants to make bad financial decisions, or to not decide at all, but these things happen. They happen a lot more often when we’re overwhelmed or stressed out.

What makes a bad decision “bad”?

good or bad

A bad money decision doesn’t necessarily mean that it’s truly bad. It might not just be the best decision for you. If you make a call that either loses money or doesn’t make you as much money (or save you as much money) as another decision could have, it’s probably a “bad” decision. You want to be living your best financial life, not walking the line between mediocre and great.

Several things come into play when you discuss making a poor financial decision. Often it has nothing to do with the intelligence of the individual. Usually it’s a result of many other factors. Here are a few things that play into your bad financial decision making:

  1. You’re emotionally invested.
  2. You feel like you’re making the right decision because someone you know made a similar decision.
  3. You’re choosing to work with a company, brand, or financial institution you’ve worked with in the past without researching their services.
  4. You went with the company that advertised to you.
  5. You didn’t do enough research.
  6. You did too much research and became overwhelmed – leading to a rapid-fire judgement call.

These are just a few of the reasons you might make a bad financial decision – or even just a decision that wasn’t the best fit for you. This may leave you feeling even more overwhelmed then before. “How am I going to make the right decisions if literally everything I do will somehow get in my way?” you might be asking. Luckily, there is a way around several of these human errors when it comes to money decisions: doing the research ahead of time on impartial comparison sites.

How do I do my research the right way?

researchThis is a common fear. You’re always going to run the risk of over-researching different products, services, or companies and end up committing to the wrong one – or, the wrong one for you. But comparison websites really do help.

Their value comes, in large part, from their ability to remain unbiased. The reviewers on the website you’re looking at likely don’t have an emotional connection to the products, services, and companies they’re reviewing. And they don’t have an emotional connection to your unique financial dilemma – they don’t even know you!

This gives them the ability to provide excellent, thorough, documented research that compares different services, products, and companies. As you wade through this research there will be a temptation to discredit it. That’s fair, and you should look at several review and comparison sites before making a final decision. However, the truth of the matter is that very few reputable comparison and review websites provide you with faulty information. Their sole goal and purpose is to empower you to make the right decision – regardless of how you may feel.

Take the guess work out of decision making – and save money.

Comparison and review sites help you take the guesswork out of research. They give you the cold, hard facts and help guide you towards an answer that solves your financial problems. More importantly, they’ll empower you to work with new companies, try new products, and experience new financial services that can legitimately save you money. You’ll either decrease your spending or find ways to grow your wealth – and that should always be the goal when making a scary financial decision. Comparison and review websites can help get you there.

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How Small Investments Can Turn into a Meaningful Savings When You Are a Student?

Posted by on Nov 7, 2017 in Saving Money | 0 comments

invest money

It is not uncommon to find student with a small debt or a big one in college. When contemplating how to get out of debt and ultimately, transition into the ability to become an investor, one has to make a dramatic shift in their finances in order to get ahead. Consider the following recommended steps to get out of debt and then position yourself in order to make a substantial amount of capital.

Debt Elimination

Debt elimination is the first necessary step a student should take before deciding to invest. It is essential to pay off high interest credit cards that typically have a 30% interest rate before even considering saving and investing. Additionally, it is beneficial to pay off personal loans or any student loan that have high interest rates before trying to pay money into a savings account. Once the debt is eliminated, it is wise to then set money aside for a savings cushion in order to pay your future college tuition payment or to allow for the unexpected to happen.

Three Months of Wages in Savings

Before investing in any options, it is best to have at least three months of wages in savings. Once there is enough in savings, then one can consider the best way to invest other money. Those students that fail to save will find it very difficult to get out of debt in the long term because they will never have a support system of finances to assist them should them need it. Their savings is vital should they decide to avoid high interest credit cards and personal loans all together.

The Recommended Quantity of Savings per Month for Students

In determining what is the proper amount of capital to save every month, it is essential to ascertain what one’s income from their part time student job, in relation to what their realistic living expenses are including their college tuition payments. The recommended savings amounts can range anywhere from $10 to $500. What is important to consider with this calculation is that even saving smaller amounts of capital per month absolutely is worthwhile because it will add up in the long term. What makes saving difficult is that the smaller amounts of savings are going to take longer to amount to a substantial amount of money. Typically, it is only through saving amounts in excess of $500 should one look into the possibility of entertaining the notion of investment and forex trading. The reason for this is that the currency trading market has very high stakes and the prospective investor should not be worrying about losing capital in order to be ready to be making such expensive and high profile trades that have very high risks associated with them. Perhaps an investment with low risk can be more adequate for students at this point. However, one can choose to make an investment with higher return. Be sure to know that the risk is higher as well.

High Risk Investments

For those student who are more advanced investors and that do have the potential to lose a great deal, currency trading and binary options are the latest potential ways to make a substantial amount of money. Currency trading requires specific level of knowledge in order to make substantial gains. Where this type of trading becomes very high risk is between individuals that do not know enough about the market in order to make sound trading decisions.

Binary options are a form of investing that should be avoided because there is a great deal of risk associated with these transactions that makes it very difficult to make substantial gains without incurring a great deal of loss. Binary options are reserved for the experienced traders that work at reputable companies. Should one have any doubt about the integrity of a financial company, they should not trust their binary options are very unregulated in markets that are outside of the United States. Where binary options are quite difficult to get ahead is that they are the notion of buying an option on a stock that will be profitable if the market swings in a certain way. Thus, there is a potential that an investor may not even make a profit. Instead of utilizing binary options, investors should be focusing on a more ownership based strategy to do well in investing.

Concluding Remarks on the Subject

To conclude, it can be quite difficult to get out of debt, especially in college. The reason that it is so difficult to get out of the red is that there is a vicious cycle that continues when a student spends more than they have and then pays subsequent interest on those charges. The best way to get out of debt is to pay off the high interest debt, save at least three months of wages, and then consider the amount of savings per month towards investing should the student have the requisite capital to do so. Then, if he has sufficient capital to invest, they will then be able to get ahead in their investments with potential currency trading strategies. That being said, these strategies are best left to the experts in order to get the best possible results for financially qualified individuals.

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Should You Buy a Home During College?

Posted by on Sep 21, 2017 in Saving Money | 1 comment

buy a house

Having your own home comes with a wide range of benefits. There are tax deductions you can take as a homeowner. The cost of a mortgage is often less expensive than the cost of renting. You can gain an income if you choose to rent out a portion of the home. You’ll be building equity rather than just “paying rent.” These are just a few of the reasons out there that prove that home ownership can be a huge benefit to you as an individual. However, there are also many drawbacks. So, when is the right time to commit to buying your home?

Buying a Home During College

Owning your own home gives you peace of mind. You will always have a place to stay, there will be no moving around from apartment to apartment. You’ll also know that you’re building equity and investing in your choice – another set of benefits that will add value to your life. In recent years, there has been a trend of college students striking out and buying a home during their school years. But is this even a possibility? And if it is – is it wise?

College-age students have many reasons that could spur their desire to buy a home. First, real estate is a fantastic investment. If they choose not to stay in the area after college, they can always turn their home into an investment property. Even when they are staying there, if their home has more than one room, they can rent rooms to friends or other reliable, trustworthy tenants to make an income and pay for their mortgage payments as well as the cost of owning a home (like maintenance, etc.)

Additionally, college students who purchase a home often end up saving money in the long run. Rent in college towns can be very expensive. Rental agencies and leasing companies have the advantage – they know that students need housing, there is usually less housing available than is needed, and so they can increase prices to a very high rate. A mortgage will likely have a less expensive month-to-month payment. This helps college students cut back on costs. Additionally, if they do choose to rent out rooms, they can put the extra rent money back towards their mortgage, effectively paying it off much faster. Renting your rooms (or even the entire house) while taking an overseas job during your gap year, could really mean one year of huge savings.

Of course, there are also drawbacks to buying a home in college. If you are college-aged and can’t afford a down payment for a home, or if you don’t qualify for a good interest rate on your mortgage loan, don’t purchase a property. Of course, it also goes without saying that home ownership comes with challenges. You will have to be willing to put the energy into fixing up the place for renters, making any necessary repairs, etc. This added responsibility may not be what you’re looking for.

When Else Should You Consider Buying a Home?

buying a house

There are no hard and fast rules as to when you should or shouldn’t buy a home. However, a few good guidelines are:

  • Consider buying a home if you’re currently in a “buyer’s market.” If houses are selling for much less than their value and you’re willing to sit on your investment for a while before selling, buying a house or a property may not be a bad idea.
  • Build up enough savings for a down payment. Whether you have 10%-20% saved, make sure you have at least a reasonable portion of the overall home’s value saved up for a house down payment. This often helps you to lock in a lower mortgage rate, it helps you to take out a smaller mortgage loan, and it reduces your overall debt. Is never too early to start saving.
  • Consider buying a home if you’re in a good area where the rental market is good. This is why college towns are such good candidates for purchasing homes at as a college-aged individual and using them later in life as a rental property for extra income. With rents constantly increasing, you’ll likely be able to make an income on your property or pay it off much faster if you purchase in an area where the rental demand is higher than the house-buying demand.

If you’re a recent graduate, or you’re currently in college, you may be in the prime time of your life to purchase a house. If you’re considering taking this step, ensure that you’re financially capable of doing so. Finally, ensure that you’re purchasing a home that’s worth purchasing. In other words, don’t jump on the first one you find! Take your time and weigh your options – real estate is an excellent investment, but only if you invest in excellent real estate. Look around carefully and find the home that best fits your needs and budget. Only you can make the best decision for your financial future.

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