Click_n_Learn: Plan It

There are two aspects of home ownership that help you build wealth:

Whether or not you own a home now, put in place all the other wealth-building tools to lay the foundation for a more secure financial future.

What wealth-building strategies should you have in place before you own a home?

Drag and drop the items to the appropriate column.
RED borders are wrong, and BLUE borders are correct.

DO this before
buying a home

Drag and drop to
the correct column

NOT part of
buying a home


INTRODUCTION TERMINOLOGY 1 - SMART GOALS 2 - SPENDING PLAN 3 - SAVING 4 - INVESTING 5 - DEBT REDUCTION 6 - HOME OWNERSHIP PITFALLS AM I READY?
	Wealth-building tool #6 - Home Ownership There are two aspects of home ownership that help you build wealth: Increase in equity as you pay down the loan Appreciation in home value Whether or not you own a home now, put in place all the other wealth-building tools to lay the foundation for a more secure financial future. What wealth-building strategies should you have in place before you own a home? Drag and drop the items to the appropriate column. RED borders are wrong, and BLUE borders are correct. DO this before buying a home Drag and drop to the correct column Second mortgage for cottage by the lake Spending plan Direct deposit Savings and investment vehicles Debt reduction strategies New laptop Vacation plans New vehicle Written goals Emergency fund Investment in hot stock tip Payroll deduction New wardrobe Day-trading NOT part of buying a home