Home Budgeting Advice: What ACTUALLY Works (Tier List)

Buying a house, especially in NJ, means dealing with a lot of so-called "home budgeting advice." Some of it's okay, a lot of it isn't. This is a tier list breaking down what actually works and what's just noise. If you're trying to figure out your house budget, this might save you some headaches. ⬇️ Free Home Affordability Calculator I suggest: ⬇️ https://clearvalueinvesting.com/tools... What's in the video (Timestamps): 0:00 - Intro: Why watch this video [00:36] - Save for a 20% Down Payment [01:42] - Save for closing costs [02:24] - Buy a starter home first [03:18] - Use the 28% Rule [04:05] - Use the 36-43% DTI Rule [04:52] - Use the max amount the bank will lend you [05:28] - Buy for fancy finishes/upgrades [06:20] - Just wing it [07:16] - Buy furniture with a 0% APR credit card [08:12] - Opt for a low downpayment [08:50] - Get multiple quotes [09:29] - DIY Minor Fixes [10:07] - Defer small issues [10:32] - Home value only goes up [11:49] - Buy furniture now and pay later [12:28] - Home emergency fund, sinking fund, 1-3% Rule [14:16] - "Pay Yourself First" for savings [15:07] - Track all monthly expenses [15:55] - Save for taxes and insurance [15:55] - Save for taxes and insurance This is home budgeting advice for people buying single-family homes, particularly in New Jersey. The goal is a realistic house budget so you're not stressed later. Your best/worst home budgeting advice? Drop it in the comments. ➡️ More stuff: Google reviews: https://maps.app.goo.gl/FH3twM2WyD48v... Like it if it's useful. Subscribe if you want more. 📥 Free guides for buyers and sellers (Offer Playbook + Seller Prep List): https://yt.mrsellers.homes Tyler Sellers 📞 Call or text: (201) 308-0525 📧 tyler@mrsellers.homes 🌐 https://mrsellers.homes Brokered by RE/MAX Signature Homes 189 Homans Ave, Suite C, Closter, NJ 07624 Office: (201) 660-9933 Each office is independently owned and operated. Equal Housing Opportunity.