Six Strategies for Buying a Home at a Young Age

Buying a house at a young age is no longer an unreachable dream. Today’s generation can start investing in property since their 20s. In addition to saving money to pay a down payment, you also need to know other tips and tricks for getting residential at a price that matches your initial salary at the company. Here are strategies you can take to buy a house at a young age.

Determine Financial Objectives

The first strategy to buy a house at a young age must begin with setting financial goals. You must know what the price of the desired house in order to estimate the nominal money to be collected and the period of saving. Just be realistic. With a current salary of around 4 million or 5 million, you can only reach modest suburban or subsidized homes.


Now that you have a financial goal in mind, you can now set a target to collect an advance as a sign of buying a home. Down Payment (DP) that you must pay is usually 20 percent of the price of the house. So, if you are aiming for a modest house in a buffer zone of Rp. 250 million, then you have to save up to Rp. 50 million. But, you must not forget to calculate the potential increase in property prices per year.

If you are determined to buy a house at a young age, then start saving 30 percent of your salary so that you can get used to paying the mortgage after the contract later. So, for those of you who have an income of Rp. 5 million, then you have to save Rp. 1.5 million a month. If you are disciplined, you can collect Rp. 50 million in less than 3 years. Given the inflation of property, and other costs that must be paid when buying a house, then you need to extend the time to save or increase the amount of money set aside.


In order to realize the dream of buying a house at a young age, you also need to invest in addition to saving. By investing, the added value of your money can be higher than if you only save money in a savings account.

One investment instrument that can be utilized is gold. You can make a strategy to save up to a certain nominal so that you can buy gold weighing 10 grams or more. In addition, you can also choose other investment strategies by putting money in a deposit account or investing it in mutual funds.


Living in a big city with a salary that has been cut 30 percent to reach the dream of buying a house at a young age is not easy. So, you have to live simpler and save as much expense as possible.

Strategies to cut spending can you do is to cut entertainment costs such as watching movies in theaters on weekends, or hanging out and drinking coffee at a cafe. In addition, you can also save on the cost of renting a house if you can still live with parents or relatives who are located close to the office. In addition, you can reduce travel costs by using mass transportation.

Side job

Apart from salary, you can also increase the coffers of house savings with a side job. You can become a freelancer outside of your main job by becoming a freelance writer, selling online, and so on.

For the record, your side work must be activities that can be done outside of working hours. Don’t let the second job interfere with the main task. If you are not able to divide your time well, you just work on your main job, trying to level up faster so that your income increases.