Get That Home Deposit

📖 The Scoop

Your own home.

Has a nice ring to it, doesn't it?

Think how great it would be to come home to your own place at the end of the day and know that it's yours. You can hang your pictures on any wall, rip up the daggy carpet and have as many pets as you like. Don't like the colour of the kitchen? Repaint it whatever colour you please-after all, you are the owner.

Sounds good, you say, but how on earth do I save the deposit? It's such a daunting amount.

Whether you need $10,000 or $50,000 for a deposit, the home deposit worksheet will help you work out what sort of deposit you can realistically put together in just 104 weeks. Why '104 weeks'? Because no one wants to be saving forever. Keep the time frame short and your motivation will be strong. And because you select which financial options you include, your plan will be customised for the way you want to live.

Peter Cerexhe provides practical, sound advice on the tricks and traps encountered in raising a home deposit. There are chapters on making hidden savings in your lifestyle, finding fresh income, turning assets into cash and understanding how government assistance schemes can get you there faster.

Just think-in 104 weeks' time, you could be relaxing in your own home. Now that's an incentive!

Genre: Business & Economics / Personal Finance / General (fancy, right?)