Grownup Firsts: I Bought a Condo!3:51 PM
If you had asked me what my goals were at age 21 I would have said "finding a cool job, being able to spend $5 on a latte and not care, and a sick collection of designer handbags and shoes." Fast forward to today; my 27th birthday is less than four months away and I've got a pretty cool job, still can't spent $5 on a latte and not cringe, and while I have a few new pairs of designer shoes (all purchased on sale) there's one thing I have been able to accomplish that never really occurred to me-- becoming a homeowner.
I'm pretty responsible with my finances. I have excellent credit (20 points away from a perfect score!), never use more than 30% of my available credit, I pay above the minimum every month on my credit card bills, and I'm pretty meticulous with my paperwork and tax records. The process of buying the condo was fairly simple but as a new homeowner it's important to me to start building a rainy day fund. Of course I want to paint, and put nice flooring in the bedroom, and get some nice furniture to fill my new living room too, and that's not cheap. Society of Grownups gave me a bit of a wake up call when it comes to my saving and spending and I feel more prepared for life as a homeowner with a solid plan for building my savings.