Many of the Filipino people are having a hard time investing in their own homes. Most of the individuals and families in our country are just renting a small apartment, living in chaotic subdivisions, becoming informal settlers, and some have decided to create a small home using their vehicle; what we call a recreational vehicle. Those are some of the concrete examples that we should look upon, for us to have a realization on the things that we will be going to invest in.
Aside from that, many of the Filipinos are dreaming of having their own house, but their salary is not enough or ready for a “big” investment. I observed that people tend to spend more of their money on luxury and other things or so-called short-term investments, because they’re not knowledgeable enough in saving up their money for the future. It’s like their impulsive decisions lead them to spend their hard earned money on not so important things.
Saving money and starting early are some of the factors that can lead us to our goals. The following reasons might help you decide on the things that you'll invest in. So, here are the 5 reasons why you should save your money for your dream house rather than spending it on other things:
1. Good investment
Investing in real estate is one of the important things that you should consider. This is not only for yourself, but it is also for your family. It is considered as an essential thing, since we need it in our daily lives and it helps us to survive. As time goes by, the value of the properties are increasing, unlike other investments such as; cars or gadgets that decrease in value over time. Aside from that if you’re able to invest in multiple properties in different areas, you can make use of it as a renting house that will also help you earn and save money.
2. Privacy
Having your own home will help you to have your personal space or privacy. If you’re living alone, you can make or decide for yourself without asking or considering other people’s opinions. If you have a family, your privacy will be secured. You’ll be able to do things freely and have a private and quality time with your loved ones and children.
3. Comfortability and Security
In choosing a home you should always consider your family’s comfort and safety. Having a peace of mind while sleeping at night is important, it gives you the feeling that you and your family are safe all the time. Aside from that, having your own property will allow you to manage the whole area since you know every corner of the house. You can think about installing CCTV for you to monitor the house’s safety. Unlike renting a house, you can’t really secure the place, because all of your decisions and actions for the house have to be forwarded to the landlord first, and sometimes it takes a long time.
4. It can Build a Good Relationship to your Neighbor
We all know that being a “NPA” or No Permanent Address is a challenge for every individual especially for the families, because you’re always adjusting because of the changes in the environment. It is really hard to start a new chapter again and again, because of having no permanent home. If you have children, they’ll be affected since, they’ll enroll in another school and they’ll adjust to the new society they are in. But, if you have your own property, you’ll be able to adapt and create a good relationship in the society permanently. There’s no adjustments needed, because you and your family will be living there for good. Having your own house will help you to develop a good harmony in the society especially with your neighbors. Your neighbors are one of the people that you can ask for help in times of need.
5. It can Make your Family Proud
Being an adult requires a lot of things and one of those is your success. It is a chapter of your life wherein you have to make good decisions and you have overcome the challenges that life gives you. Investing in properties is a good decision for your and for your family’s sake, not only today but also for their future. Your parents will be proud of you when they see you earn, save, and invest money in valuable things like real estate.
Final Thoughts:
Spending money on things is not bad, as long as you know your priorities. You should be knowledgeable in terms of where you should invest your money and what will be your top priority. You should always think of saving money for your future. You have to secure your needs, while you’re still earning. Remember, it is not only for you, but also for your family. Investing in your own property is the start of the change that you want to see in your life.
Start-up Relevant Questions to Asked
When Finding a Possible Area to Settle Down
A house is one of the material things in this world a man, especially for a family, can have to be able to call themselves successful. For a starting family or even an individual starting his career, it is one of those things that is considered necessary to invest on, so further research is significant when making a decision because it will have an effect on your entire present and future living. Hence, hereby are the starting up relevant questions to asked when finding a possible area to settle down.
1. Where is the place or the area of proximity?
The area or the community where you will live for the rest of your lives plays a vital role. You would not want your family or even yourself to live in a community surrounded by dangerous people, isolated from the essential establishments such as school (education), hospital, mall for luxury or recreational activities, and government agencies. It is preferrable that these essential establishments are easily accessible and convenient to avoid wastage of time and hassle of commute by transportation, especially when emergency situation arises.
2. How much is its cost or pricing?
For a starting family or an individual, price is an inevitable query. When eyeing on a probable housing area, the pricing should be reasonable. You don’t want to pay high housing price monthly then come a situation wherein you are unable to pay the succeeding months based on your contract, hence, the house is now up for foreclosure. The months you have paid will be worthless. You should evaluate and assess how much can you pay for a starting family, but at the same time, having close to the dream house you really wanted to have. Thus, it is really a plus point if there are variety of housing models you can choose from based on what you can afford.
3. Are the quality and services offered matches what you are looking for?
Talking about quality and service, you must do an extensive research for this. Your safety and the other people living with you will be at risk. When finding a house to live, you should know its construction providers, standard materials, and excellent services it could offer.
4. Is the place aesthetically pleasing?
Aesthetic is one of the trends nowadays. Millennials or the generations today prefer a house that is pleasing to the eye at the same time, conducive to their way of living. It contributes more to their focus and to be effective and efficiently done activities from their own comfort of homes, especially through this trying times of pandemic.
Consequently, with the mentioned start-up questions, BRIA Homes Inc. aims to “alleviate homelessness and improve the quality of life of the underserved market segments primarily through the 5 brand pillars”. These 5 brand pillars are associated with the start-up questions above considering that BRIA Homes Inc. can offer a range of housing models for its potential customers. It consists of (1) Mura/ Affordable; (2) Mabilis/ Fast Construction; (3) Maganda/ Beautiful Home Designs; (4) Mahusay ang Serbisyo/ Good Service; and (5) Malapit sa Lahat/ Within Close Proximity.