Here are some practical tips to get you started:

- Analyze your income and outgo: The first thing you need to do is sit down and make a detailed list of how much you earn and how much you spend monthly. Once you have defined everything, you will notice that there are many variable expenses that you can avoid or decrease.

- Think about the type of house you want to buy: This way you will have an estimated value of what your new house will cost. Search in a real estate portal for prices of different properties with similar characteristics to the one you are looking for and in the area where you would like to buy it.

- Investigate additional expenses: The purchase of a house also entails other types of expenses apart from the price of the property. There are also tax payments, deed expenses, insurance, etc. Be sure to include these expenses in your budget.

- Establish an amount to save: Once you have analyzed your income and expenses, make a calculation of the percentage that you can allocate to your savings for the purchase of your new home. It is recommended that this amount be 20% or 25% of your salary.

- Analyze your credit options: Once you know the approximate price of the property you want to buy, you must calculate the minimum amount to be collected for the down payment. Investigate the requirements of different mortgage loans from financial institutions, check the percentage of financing granted by each one and the minimum value of the property.

Translated by: A.M