Homeownership is a lot more expensive than renting since you're responsible for added costs like home repairs, utility costs, garbage pickup, water and electricity. You will also need to pay for taxes and insurance related to your home. These costs can add up quickly if you are not financially prepared.
Consider getting out of or reducing debt and saving up an emergency fund before you purchase your first home. If you're not sure you can afford a home, try sticking to a budget with what you expect your home payment could be and put the extra money in savings.
This can build your confidence and your savings so you can move forward with the home purchase.
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