4. Cut back on spending
Another key to buying your own home is to be a little more frugal. Look at how much money you spend on entertainment like outings, trips, parties and other activities, and see if you can cut back. Maybe you can cook at home more, ‘run-a-boat’ with friends, wait until movies come out on TV to watch them, go to free beaches or find cheaper hobbies, like reading online books or doing activities around the house. A short while of less entertainment can lead to a long time in your new home.