CAUTION ... BUYING A HOUSE PREVENTS YOU ACHIEVE FINANCIAL FREEDOM.

One of the first things society demands you, as part of pre-established financial framework in which we live, is you have to buy a house as soon as you are able to pay the deposit and mortgage payments. In other words, in today's society, having a house is a definite end and synonymous with success .. no matter if you can really afford. Buy your own house is important...But the question you must ask yourself is: Is the right time to buy it?
You should make a thorough analysis of your motives before you answer this question. Above all try to establish the reasons why you really want to do it:

1. You think owning a home allow you to fit in socially and have acceptance of your acquaintances, friends and family.
     Social pressure is the most important factor that slows the achieving our financial independence. For most people, buying a house is synonymous with financial success in itself... Nothing is further from the truth!
2. You want to protect your money from devaluation and inflation:
     Real estate market has been extremely beaten by the financial crisis. However, even when owning a house is a relatively safe investment (as long as there is no drop in prices), it can be seen as a huge amount of unproductive money tied up, that in other case would have a huge potential.
3. You have the money to pay the entry:
There are two main disadvantages from buying a house on credit. The first is the DEPOSIT, a significant amount of money that could otherwise be more profitable... The second is a huge bank debt call MORTGAGE, usually at a variable interest rate, that hits your finances in exchange for nothing... because your house doesn´t produce cash... just protects money. Also debt will last the rest of your productive life.
4. You prefer to pay monthly mortgage rather than rent even if the amounts are equal:
     When you pay a mortgage, the bank owns your house, but it's you who pays for maintenance, taxes and insurance, and it is you who bears the risk of a fall in prices. When your accountant makes your balance sheet, your house appears as a huge liability, and this affects your credit rating for important things like investing in a good deal. When you rent, you can relax ... the owner is responsible... But this owner pays mortgage with your money and is financially free! Think about it!


If your reason is listed above...you should examine your priorities. Buying a house is driven by emotional issues, rather than logical. It´s a need created from scratch and fed by a sector in which there are only two beneficiaries: bankers and real estate brokers.


Time to buy your house will come sooner than later, if you spend your resources, time and energy to strengthen your financial independence. Then you will buy your house without affecting your financial stability.


Every beginning is hard. Use your potential to build your success...don´t ruin your future richness by an illusion that does not fit your actual reality. Liars budgets are the source of all financial evil.