Is it easy to save money to build a house?

Heartstrings

Active member
We all know it's not easy to save money because bills keeps compiling Every day. It is a great success and peace of mind to build a personal house,and it's not a days job. Some people take years to complete a house because to be frank it's not something that's easy to achieve. It's not easy but you can do it even if it takes 10 years to complete it. The important thing is to buy a land. Anyone who intends to build a house in future should start by saving up little by little or go into a side hustle like set up a business aside from your monthly salary. To save up to build is not easy,it needs determination because the more you save the More you spend.

Nevertheless it is good to have your own house as it save you from rents or issues of agents and landlords.
 

Augusta

VIP Contributor
Definitely, your last line is apt and that's the whole essence. it is always good to have your own house as it save you from rents or issues of agents and landlords. That's why it is to be determined to build your house if you really want to.

The thing is that nothing good comes easy, this is what people should know. So if you are planning anything good then you woulf need to start from we herever you find yourself and see how you can accomplish your plans.

This is why some people borrow money. And I think it Isnt a bad idea if you are borrowing money to build your house. It is just to borrow some on a good terms and plan of repayment. It shouldn't be a thing that you might not be able to pay back and you get yourself into a whole lot of trouble in future.
 

Finger Geek

Verified member
It is easy to save money to build house. To do this, we need to consider some factors like what we earn daily or monthly. There are times that what we earn can not let's us having a good savings which for 10 years we will still not be able to save to build a house.
Like for someone that earn little amount of money that is not up to $100 a month with monthly bills of more than $70, bills including house rent, food, electricity bill and more. It will be difficult for such person to save to build a house.
But for someone that earn enough money that he can be able to save more than 50% of what he earn monthly. He will be able to build his house in no time.
 

Ithedicious

Valued Contributor
Well , all I can say is that it depends on so many things . A lot of salary earners also have their own personal business and as a result of this they are liable to have more than one source of income and because of having more than one source of income they could easily saved up money and build up their dream houses without any stress .

But a situation in which you are just depending on salary it may really take a very long time before you are able to save enough money needed to build your own dream house. But this also will depend on some other factors such as your position in the government job you are doing and the amount of money you are being paid at the end of the month , Your location , the number of children you have and some other factors.
 

Rubz

Active member
It is not easy to save to build one's house, but like you said, it's not impossible. I have seen people take up to 15 years to complete their houses, but at thevebd it's all worth it. A friend of my dad, bought a land with the intention of building a house on the land when he gave birth to his first daughter. He was able to complete this house and move into this house when his daughter got into college. Imagine the number of years he took to build the house. Building a house with one's savings is never an easy thing. Some people take the faster route and borrow money to build their house but i believe saving is much better because one wouldn't have to think of how to pay back the loan after building the house.
 

LoukiaCharilaou

Valued Contributor
It is wonderful to have your own house. Perhaps, it is the dream for most people. However, it is not easy to save money to build a house because life is too expensive, especially nowadays. Anyhow, at least we should give it a try and hope that we will succeed. :)
 
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