Purchasing the home of your dreams can seem impossible at first glance. After all, you don't just need to be able to pay your mortgage each month, and your legal and moving fees, but you will need to raise a significant deposit as well. However, if you are looking to get onto the property ladder, I'm here to tell you that all is not lost. Indeed there are several tactics you can use to help you raise the money you need. Read on to find out what they are.

Cut the cost of your current rent

For many people buying their dream home is tough because they already have to pay out a big chunk of their income on rent each month. However, there are ways of cutting this expenditure to zero, if you are brave enough to try them.

One option is to move back in with your parents or family for a while, as you save like crazy for your deposit. Of course, this option is only viable to those people whose parents have space for them and whom they get along well enough with to stand 6-12 months of living together again.

Another possibility is to take a post as a professional house sitter. House sitters are people that live in other people’s homes and take care of them, as well as their pets and plants while they are away. House sitting tends to be an unpaid position, but the benefit is that you get to live in someone else's home rent-free so you can put all the money you save on rent away onwards your deposit.



There is also nothing stopping you from working a day job, especially remotely when house-sitting so you could continue earning while saving on rent at the same time.

​Reduce your monthly expenses

While you’re cutting the cost of rent, think about other monthly expenses you could reduce. Having fewer outgoings means you’ve got more disposable income that can be put aside to save up for a house.


Believe it or not, there are so many ways you can reduce your monthly expenses. For one, focus on using less energy in the home. Contact furnace maintenance companies or AC specialists to look at your heating/cooling system and get it running as efficiently as possible. Then, work on other small things to lower your energy bills, such as turning off appliances when you’re not using them.


You’ll be surprised at how much money this saves every month - and that’s not even taking into account other ways you can lower your expenses!

Investing

Another way you could add to your deposit savings pot is to invest some of your money. There are many different types of investment that you might like to consider, and those that offer a faster return such as Share CFDs, otherwise known as a contract for difference investing, and Forex might be most suitable in this case. Although it is always advisable to do your homework and educate yourself on what each type of trading is and the return you can expect. After all, profit is not quartered when it comes to any type of investing.

Work out at home

Last of all, if you are looking to save some significant amounts of money each month, then why not swap your pricey gym membership for working out at home? Indeed, there are many effective workouts you can do that do not require gym equipment.

One of the most popular of these is running, as it can be done anywhere, even if you are travelling and all you need is the right pair of shoes.

Similarly, bodyweight exercises are very effective and do not require any expensive gym equipment, and there are plenty of free exercise videos on sites like youtube that cover everything from dance to Yoga.

Consider Concierge Auctions:

​A real estate auction company called Concierge Auctions makes it simple to acquire or sell opulent residences. You can place bids with Concierge on one-of-a-kind and priceless homes in some of the world's most sought-after cities. Without having to pay an agent's commission or any other costs, you can also get fantastic discounts on more reasonably priced houses and apartments. For both buyers and sellers, concierge offers a simplified procedure, with knowledgeable professionals guiding you through each stage.

Photo by RODNAE Productions:
The cost of living:
​One of the first things you need to consider when moving abroad is the cost of living. In some countries, the cost of living can be very high, while in others, it may be more reasonable. It's important to do your research and find out how much it will cost you to live in your chosen country. Not only will this help you budget better, but it will also give you a realistic expectation of your lifestyle. By knowing how much things like international movers will cost, you can make sure that you're not spending more than you can afford.

The job market:
When considering a move abroad for career development, it’s important to first research the job market in your target country. If you’re planning on relocating to a country where your desired profession is in high demand, you’ll likely have an easier time finding work. Conversely, if your chosen field is not in demand in your target country, you may have a more difficult time landing a job.

Before making a move, take some time to research the job market in your target country. Talk to people who already live and work there, read articles online, and look at job postings to get a better idea of what the landscape looks like. With a better understanding of the job market, you can make an informed decision about whether or not relocating is the right choice for you.

Learning a new language:
​If you're planning on moving to a non-English speaking country, then you'll need to be prepared to learn the local language. Even if you're only moving to an English-speaking country, there may still be some key phrases and words that you'll need to learn in order to get by. Don't make the mistake of assuming that everyone will speak English just because it's the international language - in many cases; people will appreciate your efforts to speak their language, even if you're not completely fluent.

Getting used to a new culture:
​Moving to a new country can be a culture shock, even if you've traveled extensively. Every country has its unique customs and traditions, and it can take some time to get used to them. The best way to avoid culture shock is to research and learn as much about the local culture as possible before you move. Then, be open-minded and willing to try new things once you're there. It may be uncomfortable initially, but it's the best way to adjust to your new surroundings.

These are just a few of the things you need to consider before moving abroad for your career. If you're thinking about making the jump, don't forget to do your research and plan ahead. With a little preparation, you can make sure your transition is as smooth as possible.