COURSE INDEXPreliminary Questions
Home Buying Start & Registration
Budgeting To Buy a Home
Find Your First House
Inspect Before You Buy
Shop For a Mortgage Loan
Home Mortgage Loan Process
Credit Score and Credit Report
Home Mortgage Loan Closing
Being a Home Owner
Mortgage Quote Request
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The next step in the budgeting process is: Prioritize your goals. This process helps you "plan" for the most important projects.
There are two (2) types of goals:
It is best to have both of these goals
Generally, you will prepare a short-range goal for the period of time covered with each paycheck you receive. If you get paid weekly, the plan will include all your expenses and income for one (1) week; if you get paid bi-weekly, the goal will include all your expenses and income for two (2) weeks, etc.
List 10 short-range goals:
Your short-range goals may include things like:
Each of these goals occurs in a short span of time and many of them may be recurring. You will include these short-range goals in your working budget. Many of you have set short-range goals, even though you may not have realized what you were doing. A goal doesn’t change whether it is a mental thought or a written statement. It becomes much clearer and more realistic, however, when you have taken the time to write it down. As you can see, in order to meet your short-range goals, you need a job that provides you an income to pay for those goals.
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Table of Contents | Homebuyer Course Start Page | Find A Realtor | Budgeting To Buy a Home | Neighborhoods | Find Your First House | Inspect Before You Buy | Shop For a Mortgage Loan | Mortgage Home Loan Process | Credit Score and Credit Report | Home Mortgage Loan Closing | Being a Home Owner
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