The issue of purchasing your own home is the most pressing, so many are interested in how to save money for an apartment, which on average will cost about 2-3 million rubles.

To do this, you need to have an initial amount and increase it using financial instruments such as:

• endowment insurance;
• highly profitable investments (, etc.).

It is better to use several instruments, which will allow capital to grow faster.

Before investing, you need to save it. Here you need to follow certain recommendations in order to collect the amount for investment as quickly as possible.

• First of all, you should decide on the cost of the future apartment.
• The next step will be an accurate calculation of all income and expenses, after which you need to cut down all useless expenses, which will ultimately bring about 20% or more savings every month.
• Having studied the profitability of all possible financial instruments, you can roughly calculate how many years it will take to accumulate, taking into account the likelihood of inflation and rising real estate prices.
• Having accumulated the required amount, you need to wisely invest funds every month, which will allow you to buy an apartment or house for your family in a few years.

Let's calculate how much to save

Let's say we have 500,000 rubles. To buy an apartment we need, say, 3 million rubles. Let's choose a conservative option for storing money - a bank deposit.

Let's not be modest, let's take a rate of 12% per annum, with monthly capitalization of interest. We will replenish 30 thousand rubles monthly, a total of 360 thousand per year, minus the last month, over 5 years the additional amount will be 1,770,000 rubles.

As a result, over 5 years the income on the deposit will be 1,059,364 rubles. In 5 years we will receive 3,329,364 rubles.

The problem of improving living conditions is relevant for many Russian families. However, the incomes of most citizens do not allow, unfortunately, even to plan the purchase of housing in the near future. So the question of how to save for an apartment is just as relevant these days as earning money for an apartment.

State of the real estate market in Russia, approximate prices

The state of the real estate market in Russia cannot but be affected by the protracted economic crisis caused by falling energy prices and political factors.

According to the forecasts of some experts, the pace of housing construction is expected to slow down in 2017. This in turn will reduce supply in the market and lead to higher prices. On the other hand, the pricing policy of construction companies cannot ignore rising costs due to changes in the ruble exchange rate and prices for imported equipment.

Nevertheless, the developer is still focused on the consumer, so the cost of housing for many companies remains within the range of 2015 - 2016, but savings are achieved due to a slight decrease in the quality of building materials and infrastructure.

Due to the crisis, prices are even falling. At the same time, many experts predict a serious drop in the cost per square meter, amounting to 6 - 7% and caused by:

• reduction in the purchasing power of the population;
• the desire of the developer to quickly sell apartments and houses.

Thus, forecasts for the near future practically contradict each other.

Today the following is the average cost per square meter of an apartment in different regions of the country. Changes in prices as a percentage compared to last year are indicated in brackets.

• 106600 rub. in Crimea (- 13%);
• 96600 rub. in Sochi (+ 11.1%);
• 73,000 rub. in Khabarovsk (+ 0.5%);
• 67500 rub. in Nizhny Novgorod (+ 4%);
• 65500 rub. in Kazan (-0.7%);
• 62,000 rub. in Ufa (- 5.7%);
• 56800 rub. in Rostov-on-Don (-4.8%);
• 40900 rub. in Smolensk (-9%);
• 36300 rub. in Maykop (- 1.3%);
• 34,000 rub. in Yelets (+ 1.2%);
• 22000 rub. in Kaspiysk (Dagestan Republic) (-20%).

In Moscow and St. Petersburg

Today, the average cost per square meter of Moscow housing is 215,000, and in the Northern capital - 105,000 rubles.

In the first months of 2017, prices in Moscow remained virtually unchanged, while in St. Petersburg they increased by 4.5%. At the same time, many developers complain about a decrease in demand. In this regard, they offer various preferential programs:

• enter into agreements with banks to provide mortgages;
• provide discounts that sometimes even reach 20-30% of the cost per square meter;
• conduct advertising campaigns with wide bonuses and benefits.

Prices thus vary several times depending on the region. Their dynamics change in the same way. Somewhere the cost of housing is falling, and somewhere, on the contrary, it is increasing.

Comparison with average salary

The average salary in the country is calculated annually. However, the resulting results from official statistics and non-governmental bodies may differ from each other.

Today, the average salary of Russians is 35,000 rubles. excluding taxes or about 30,000 rubles. real income. This is according to the state statistical agency.

The largest job search services reduce this amount to 30-31 thousand “dirty”. In Moscow and St. Petersburg, the salary level exceeds the all-Russian indicators and reaches about 50,000 and 40,000 rubles, respectively.

Meanwhile, many people have incomes in the range of 15-20 thousand, because the given official statistics for the country are the arithmetic average between the incomes of ordinary workers, directors and top managers of large companies.

Calculation of the approximate required amount

To understand how many years you will need to save for housing, you need to weigh your family budget and monthly expenses. Some statistics are not appropriate here, because all this is strictly individual.

Nevertheless, there is a pattern according to which an average family of three will need to spend approximately 40,000 rubles for normal living in Russia. monthly. If you set yourself the goal of saving money, you can, for example, give up summer vacations and some entertainment. This will make it possible to save another 5-10 thousand. This unspent money can be saved in a bank account by opening a deposit with the ability to add funds.

• putting aside 2000 rubles. per month into an account at 10% per annum, you can accumulate 156,209 in 5 years and 413,279 in 10 years;
• if you increase this amount to 5000 rubles. and have a deposit on the same conditions, then you can accumulate 390523 in 5 years and 1033197 in 10 years;
• To save up to buy housing in 10 years, you need to save at least 10,000 rubles. per month, resulting in 2,066,394 rubles in the account.

Once again, it is necessary to emphasize that these indicators vary greatly depending on the needs of a person and his health. Many families, even with good incomes, cannot save up for their housing for years, because they are wasteful or, for example, are forced to spend money on renting an apartment.

To reduce the time spent collecting money, you need to save. In fact, this is not as simple as it might seem at first glance. However, there are several recommendations that can help you raise money a little faster.

1. It is important to carefully plan your family budget, consider the need to purchase expensive items, and try to regularly save at least a few thousand every month.
2. It is worth giving up a number of entertainments: going to restaurants, summer trips, relaxing in clubs, and the like.
3. Every day people spend large sums of money on trifles and bad habits. If you give up meeting friends at the bar in the evenings or buying coffee and chocolates during breaks at work, you can save more money for a new apartment.
4. A lot of money goes towards transport. You can save money by not driving a car to work and home, using transport only when absolutely necessary. Gasoline is expensive today, so the savings will be significant.

Of course, these savings options are far from the only ones. If you think a little and carefully weigh your family budget again, then various other ideas may come to mind.

Options for increasing income

In addition to saving, you can think about how to earn more. You may be able to get a higher position or find another high-paying job, so you should definitely talk to your boss and regularly monitor the dynamics of the labor market. You can get a part-time job on weekends, do internet copywriting, write term papers or dissertations to order, or become a taxi driver.

• jewelry;
• antiques;
• old books, music records and so on.

And again, in order to come up with some profitable option for yourself, you should find free time to think about this in a calm atmosphere.

Investment options

To accumulate money more effectively, the amount set aside must be used taking into account the existing risks and possible results.

For example, a bank deposit gives a small interest, which at best will compensate for inflation. But the credit institution guarantees the safety of funds.

A mortgage is a possible option for purchasing a home. However, before putting yourself in a hole of debt, you should carefully weigh the pros and cons.

Mortgage lending is an extremely unprofitable program if the money is not provided on preferential terms. In Russia, in general, loans are not very profitable for the consumer, since in our country, compared to Europe and the USA, inflation is quite high, and the interest rate on the loan cannot be lower than this value.

For greater clarity, we can give an example. Let's say an apartment costs 3 million rubles. A mortgage loan is provided subject to a mandatory down payment - usually 15%, that is, 450 thousand. Consequently, the bank lends 2.5 million rubles. If the loan term is 10 years, and a 13% bank rate is imposed, then the bank overpayment will result in about 2 million, that is, almost the entire cost of the loan. So, in our opinion, it is better to save up yourself than to overpay the bank.

However, a significant advantage of a mortgage is that with the help of a bank loan a person immediately becomes the owner of his home. In principle, loan repayment costs can be reduced by renting out one of the rooms or even the entire apartment. However, debt bondage cannot be beneficial for a person, because it is a banking service, and the credit institution itself receives all the benefits from it.

Examples of calculating savings for an apartment for a certain amount of time

Let's try to figure out how many years it will take to save for housing if you have certain incomes.

1. Salary 20,000 rub. It’s unlikely to allow you to save more than 5,000 rubles. per month for a new apartment. This will give 60 thousand a year and it is not difficult to calculate that by saving that much, it will be possible to save at least a million for a one-room apartment in only 15 years at least.
2. With a salary of 30,000 rubles. It will be possible to save half of this amount, if, of course, such money is enough for living: food, clothing, utility bills, rent, and so on. Nevertheless, 180 thousand a year allows you to reach almost 2 million in 10 years, and at today’s prices this is enough for a good two-room apartment in the provinces and a one-room apartment on the outskirts of Moscow.
3. With a salary of 50,000 rubles. With certain savings, it is quite possible to save 30,000 rubles per month. or, accordingly, 360 thousand per year. Thus, in 4 years there will be one and a half million, and in 8 years - three.

All these figures are given without taking into account inflation and bank interest charges, so they can be considered approximate, but fully reflect the required time frame for purchasing your own home.

What can you save on when buying an apartment?

While saving enough money to improve your living conditions, you can take care of looking for an economical option. So, how can you reduce the price:

• secondary housing is cheaper than new;
• you can find living space that does not require renovation;
• the price is significantly reduced due to the distance from the city center, the crime situation in the area, the proximity to industrial facilities, and so on.

Buying a secondary home also allows you to bargain with the owner, so after a careful inspection you can try to bring down the price by pointing out to the owner certain shortcomings of the offered living space.

Not everyone is ready to live with their parents until old age, theirs or theirs. Young people, becoming financially independent, dream of acquiring housing freedom. When leaving their parents' house, renting a room or apartment, everyone, without exception, dreams of their own corner, in which they can truly be the owner. Which is not so easy given the current realities. The task is not simple: if the salary is thirty thousand rubles. In this article we will give answers to the most pressing questions of modern Russia:

• to quickly save up for an apartment: is it a utopia or is it possible for everyone?
• mortgage or rent?

Maybe a mortgage?

There was a time when a mortgage seemed like the only option. Thousands of people took it at unimaginable interest rates and considered it a blessing.

Now the perception has changed, Russians have become more critical, the crisis has dragged on and now the decision to shoulder the mortgage yoke is made carefully. But still, many believe: a mortgage is profitable. Let's look at the situation: a novice specialist takes out a mortgage, for which he must be prepared.

• An initial fee. The percentage set by the bank may depend on it. The smaller the contribution amount, the higher the risks for the bank, so as a rule, the bank increases the loan rate in such cases. Important! The minimum down payment is 15%.
• Mandatory monthly payments. On the one hand, this is tolerable; you also have to pay for a rented apartment. True, if the finances are shaken: the person was fired or fell ill, then it is unlikely that it will be possible to reach an agreement with the bank, and the investment in real estate will be lost. The constant stress that borrowers are under affects their health and psychological state. Indeed, it is difficult to live for ten to twenty years under the pressure of a mortgage.
• Bank overpayment. The longer the mortgage term, the greater the overpayment. Borrowers often realize that they are being “robbed” when they are up to their necks in mortgages and nothing can be done.

Economical method

This accumulation method is suitable for people who are ready to cut back on their own needs for a long time.

With a salary of 30 thousand rubles, in order to start saving, you will have to rent a room or a bed in an apartment. And of course it is necessary to significantly revise the costs:

1. It wouldn't hurt to have a notebook and keep track. An expense item will help identify unnecessary expenses.
2. Good for both health and wallet give up alcohol, sweets and cigarettes. Surprisingly, bad habits are a serious expense. And getting rid of them will increase the budget by at least 48,000 rubles per year.
3. Electricity and water meters, travel ticket, discounts in stores will help you save on little things.
4. No entertainment. Movies only at home, cafes, clubs and frequent wardrobe changes will have to be abandoned.
5. Supermarkets and shopping centers- a concentration of meaningless temptations. Everything here is thought out and done so that customers take what they don’t need and more. To save money, you should either go to the market or go to the nearest wholesale center. In hand is a shopping list. This will save at least 12 thousand per year.
6. The money that is saved with such difficulty should not go to waste: it is correct to open a bank deposit, in a trusted bank, at interest.

Let's be realistic: it will take a long time to save in this way. Minimum 10 years, but the mortgage is not paid off for 2 years.

The positive side here is different: no credit pressure. No connection to your place of residence: you can change jobs and at the same time find an apartment closer, or even move to another city or country. Freedom from a mortgage means less fear, which means more opportunities.

The method is progressive

This method is similar to the economical one, the only difference is in the intermediate stages. The main thing here is to be cool and dexterous. Having saved up a small amount, buy a room in a hostel or a hotel on the outskirts or in the suburbs, where prices are not so high.

You can live in the room yourself or rent it out; in any case, in addition to the purchased property, you will have quite a bit of extra money. Then this room can be exchanged, with an additional payment, for an apartment with weak infrastructure and further until you reach the desired option.

This method will help those who are ready to constantly look out for advertisements, looking for favorable conditions, and travel through abandoned and “burning” apartments. This method is both more involved and riskier, but also much faster if the circumstances are successful.

Cooperative

At one time, this method of buying a home was popular and effective. People bought apartments together. This happened much faster than doing it alone. The principle of cooperatives is simple: the group has an administrator who collects monthly sums from the “shareholders,” for example, a hundred of them, and periodically one of the participants, usually the one who invests more, buys an apartment.

Due to the large number of scammers in this type of organization, few people risk investing in cooperatives now.

How to save up quickly?

You can accumulate quickly only by taking risks:

1. Investments in Forex. Yes, it is risky, but the result can also please you. Cons: you cannot accurately calculate your monthly income. Money can be lost.
2. to a mutual investment fund. The main thing here is to choose a stable and reliable fund. Sometimes the percentages reach 50.
3. , internet project. You can create your own business project or invest in some startup. Again, this is suitable for people with entrepreneurial talent and at least minimal business experience. The risk of going broke is high, but the dividends, if everything works out, are not bad.

Still You can’t do without looking for additional income, if you need an apartment as quickly as possible.

It is not necessary to look for something alien to your character and nature. If you are a teacher, there is no point in becoming a sales manager, but you should try your hand at tutoring. If you have a hobby that you are good at, then you can monetize it. Knit funny hats and warm socks from natural wool, bake homemade pies with cabbage, write articles, abstracts - with the development of the Internet it has become much easier to sell your unique skills.

Social programs

Public sector workers often complain about low earnings that are disproportionate to the efforts expended. It seems that it is impossible to save for an apartment while working as a nurse or teacher. Exists many government programs, helping state employees purchase housing. There are also subsidy programs for young families and more. It’s difficult to get an apartment this way; it’s a small chance. But who is preventing us from acting in several directions at once?

Instead of an apartment - a house

The obsession with an apartment in a panel house is surprising. Saving for 10 or more years for a two-room apartment, while you dream of a big family, a yard with apple trees and a big dog, is not productive. It will be cheaper to buy land and gradually build a house. And even a small house is still larger than an apartment. The house is being built in several stages, which means it’s easier to save for it.

1. purchase of land. Land in Russia is inexpensive, and in some regions it is generally distributed free of charge - in the first year.
2. House frame - on second or third year.
3. Electrical wiring, plumbing work - fourth year.
4. Interior decoration - fifth year.

Investments depend on the size and price of the land, and the choice of building materials.

Before you buy a piggy bank and start putting your honestly earned money there, you need to make an estimate.

First. It is advisable to decide in advance what kind of housing you are counting on: primary, secondary. It’s easier and faster to save up for primary items; the most profitable investment is to lay the foundation. The risks are really significant.

Second. Area. The further away from the center, metro, the cheaper.

Third. Infrastructure. The area is underdeveloped = low cost of apartments. In this case, it is necessary to look at the future, what is planned in the coming years. Now there is no kindergarten, school, or sports grounds nearby? It is worth finding out the immediate development plans from the district administration or the developer.

Fourth. Explore all the possible options that exist on the real estate market. Write down the prices. Look at old advertisements, try to track how much the cost of an apartment changes.

Fifth Buying an apartment is the main thing, but not all the costs that lie ahead, there are also:

• Notarial services.
• Government duty.
• Real estate agency services.

Sixth and pleasant. Repair, purchase of furniture and household appliances. Furnishing your own apartment is a joyful expense. But it’s better to include them in the estimate in advance.

A separate apartment is the dream of many young families.

I want to live independently, without roommates and parental care.

But, unfortunately, Moscow is an expensive city.

And the cost of apartments is sometimes frightening with the number of zeros.

How can the average Russian resident save for an apartment?

Dear readers! Our articles talk about typical ways to resolve legal issues, but each case is unique.

If you want to know how to solve your particular problem - contact the online consultant form on the right. It's fast and free!

Well, the issue is complex, but solvable. If you set a goal, find the means and don’t stray from the chosen path, you can save up for your own apartment in just 3 years. The main thing is not just to dream, but to develop a plan to conquer Moscow apartments. And everything will work out.

Moscow real estate has been and remains one of the most expensive in the world. Housing prices continue to rise steadily, and wages are not even thinking of catching up with them.

The average Muscovite can save up for an apartment if he saves his entire salary for 11 years without spending a penny of it. Moreover, what he will buy may not be exactly what he needs at that time. We are talking about the cheapest housing option.

According to our data, the most expensive housing in Moscow is sold for 2 billion rubles. The lowest price they ask for a twenty-meter one-room apartment in a brick house is 4 million. We are talking about secondary housing. An apartment in a new building will cost the same price, but you will still have to invest a lot of money in it: renovations, furniture, etc.

The real price for an apartment in good condition and in a good area of ​​Moscow will cost about 6 million, in St. Petersburg - one and a half million, in the regions - from 900 thousand to 2 million.

What is the average salary in Russia and the level of housing prices

Can a family save for an apartment without a mortgage and how? In principle, it is possible if you put every effort into it. (see) Experts have calculated that if a family of two adults with a total income of 120 thousand rubles per month saves half of their income to buy housing, then they will save up for an apartment in 6 years at best! And this did not take into account inflation, as well as serious financial losses.

How to quickly save money for an apartment: getting to know the real estate market

Prices vary greatly across regions. Everything is taken into account here: infrastructure, proximity to the metro, prestige, etc. In New Moscow, apartments are noticeably cheaper. The same can be said about real estate in an area where there is no metro nearby.

Primary or secondary? It's a matter of priorities.

Advantages of primary housing.

• At the excavation stage - cheaper; By the end of construction, you will have to pay more for finishing work, but you will get the desired result.
• New communications. In general, everything is new, not desecrated by anyone’s presence (if that’s important to you).
• It is unlikely that you will have neighbors who are drug addicts or alcoholics.

Now let's look at the secondary.

1. More assortment: we take not what is left, but what we want. Or it seems.
2. Less risk. The risk is associated with fraud. Here a good lawyer will help to minimize it. But whether the developer will go bankrupt and whether he is going to run away with the money - no one can foresee this!
3. Newly built apartments are usually rented “in concrete”. “Bringing it to mind” will cost a tidy sum.
4. You cannot register in a new building right away, but you can in secondary housing.

If you have decided on this issue, think about what layout suits you, look for a suitable option and find out the cost.

How to properly keep track of expenses and income?

Is it possible to save money for an apartment and what to save on?

• Do not borrow, especially from a bank.
• Record your expenses (surprisingly, this helps).
• Buy only what is really necessary, do not throw away food.
• Install meters and try to reduce their readings: do not waste water, turn off lights and electrical appliances, replace conventional lamps with energy-saving ones.
• Avoid unnecessary expenses: cafes, cinema, cigarettes, alcohol, etc.

Only if you are motivated to buy something you want, an apartment for example, will you be able to change your habits! Remember more often the good goal you are going towards and everything will work out!

You may be able to save money by moving to a smaller rental apartment or to a worse area. Or maybe even to relatives?

How to get additional income to buy an apartment?

Naturally, saving is not enough. We still need to increase our income. How to get additional income and earn money for an apartment?

First, let's look at what you can do within your profession: climb the career ladder, find a part-time job (private services).

Learn new skills: foreign language, computer, etc. Think about your hobbies and see if you can benefit from them: photography, drawing and much more can become a source of additional income.

You can also look for other part-time jobs: writing articles, helping with writing term papers, preparing lunches for the office, walking dogs or fostering animals, and any small one-time part-time job: babysitting a child, for example.

Remember! A rolling stone gathers no moss. We need to do something, look for some opportunities. Money doesn’t just fall on your head – at least not for you, if you’re reading this article.

How to increase money without risk?

It’s unlikely to be completely risk-free, but you can reduce them to a minimum. To do this, consider ways to increase the already accumulated amount. What options are suitable here?

1. Deposit. This is perhaps the safest option, which can provide income of up to 15% per annum.
2. Invest money in mutual funds (investment fund). Income can be up to 30-60%.
3. Investing in Forex trading. If you're lucky, the income will be good. This is a risky method that can provide the highest annual interest rates.

Don't put all your eggs in one basket - don't put all your money in one place! Place them in different banks, or in different mutual funds. And it’s better both there and there.

You can try to make money by renting out your apartment (if you have one, it just doesn’t suit you) or renting out your car to a taxi company.

Calculation: how to save for an apartment with a salary of 50,000 rubles in 3 years

Let's give an example, how to save for an apartment in Moscow. Suppose a family of two with a total income of 100 thousand rubles rents an apartment for 30 thousand rubles and wants to buy an apartment for 6 million. Let's add for inflation - 7.5 million.

To begin with, these people reduced their expenses and saved not half (50 thousand), but more - 60 thousand. Then they moved in with their parents - another 30 thousand. Total per year 1.08 million rubles.

This money was partially deposited in the bank: 500 thousand will give 560 thousand by the end of the second year. Partially in mutual funds - the income will be, say, 70 thousand.

Suppose now both spouses have mastered making money on the Internet, which gives them a total of 30 thousand per month, and 360 thousand per year.

Total income for the second year will be 2,321,000 rubles, that is, almost a third of the apartment or an apartment in the regions.

In the third year, this money can also be invested: say, a million on deposit - you will receive an income of 100 thousand; in mutual funds 800 thousand - let’s say the income is 120 thousand (15%); on Forex they gave 500 thousand, suppose another 15% - 75 thousand.

Let’s say the family income (promotion of one and additional earnings of another) increased by another 10 thousand per month - by 120 thousand per year. As a result, the amount of income in the third year alone will amount to more than a third of the cost of the apartment.

Thus, you can see that saving up for an apartment is difficult, but it is possible if you tackle the matter wisely and devote all your energy to this goal.

If you have any questions about the topic " How to save up for an apartment in 3 years in Russia?", ask them in the comments.

Sooner or later, a person faces the question of purchasing his own home. The cost of such a purchase is very high, which is why the housing issue is really pressing. While most people prefer mortgage lending, many people still act the old fashioned way: they set aside their savings for a long time and save the full amount. We will describe in more detail in the article how to save up for an apartment with an average salary or lower, and whether this makes sense.

Is it worth saving for an apartment?

First, let's ask ourselves whether it makes sense to save for an apartment at all, and not just take out mortgage lending. The biggest disadvantage of the latter is that you have to overpay a rather impressive amount to the bank for the opportunity to use its money.

If you take out a loan for a period of 10 to 30 years, you will have to pay 2-4 times more for an apartment. Of course, if you live with your parents and the issue of purchasing your own home is not urgent, it will be easier to save.

Otherwise, there will be a need to rent housing. It's worth noting that rent is often more than you'll pay in interest. Because of this, the point of saving money is somewhat lost. In favor of a mortgage, you can also point out that you will have to save for an apartment for a very long time and during this time anything can happen. Economic crises and inflation increase the cost of housing in rubles, but users of mortgage products will not notice this. This is only valid if you do not take out loans in dollars or euros.

And of course, don’t forget about various social programs. Firstly, you can significantly reduce your interest rate through government-backed products. Secondly, using maternity capital you can get money for a down payment or early repayment of a loan.

And of course, do not forget about the tax deduction, which is returned twice, namely from the cost of purchasing a home and the overpayment of interest. The tenant will not give you such a gift. With all these points, it seems that there is no point in saving money, but we will describe how to save for an apartment with a salary of 20,000 rubles or more with maximum benefit.

Converting savings

The most obvious way is to use the money you have set aside. Let’s say you save 20 thousand rubles a month. In a year there will be 240 thousand. If you put money in the bank at a compound interest rate, you can get an additional 20 thousand. Of course, this amount seems small, but next year you can get about 50 thousand from the accumulated and new money. Every year the amount will only grow and the money you accumulate will increase itself.

Also, when you have accumulated a sufficiently large amount, you can protect yourself and spend the money by buying real estate, for example, a room or one-room apartment on the outskirts, and then rent out your property. You can also completely move into your new property, which will be especially important if you rent a home yourself. The money you save will help you buy your desired property even faster.

The latter method, especially if you have saved up a significant amount, may be even less profitable than a savings account. At some point, your money will begin to generate more income than you spend on rent. But we should not forget about the precariousness of the economy. Today you are rich, but tomorrow your savings are worthless. Real estate will always remain real estate and the chance that it will depreciate is less than in the case of a depreciation.

You can save for real estate by saving a certain amount from your salary

There are, of course, more extreme ways to save up for an apartment with a salary of 50,000 or less. For example, a game on the stock exchange. But in fairness, it is worth noting that if you know how to effectively play on the stock exchange, then, most likely, the question of saving is not in front of you, and your salary remains unattainable for the majority.

We work harder

Perhaps, in order to save up for an apartment faster, you just need to earn more. You can find a second job, but this is a rather difficult way, which is very exhausting. It is easier to work from home. Freelancing is quite common nowadays. This area covers a fairly wide range of different specialties. On various websites and exchanges you can even find offers from people who simply know how to dance.

You can turn your hobby into an additional source of income. Do you like to make different trinkets? Try selling them. Most people don’t even suspect that their favorite hobby can also generate significant income. If you are knowledgeable about computers, you can repair or assemble them at home. People with good knowledge of languages ​​can try themselves as teachers.

If your earnings are not enough for anything, you don’t have any special skills, it’s impossible to make a profit from your hobby, and the question of how to save up for an apartment with a salary of 30,000 or less simply confuses you, it’s worth thinking about changes. The job is unpromising and poorly paid - we are looking for a new job, learning a new specialty, gaining additional skills for career growth. Of course, you may love your job, but what's the point of it if you still don't have enough money for anything?

We use alternative options

To save for an apartment faster, you need get rid of unnecessary expenses. Of course, you can limit yourself, but often the most expensive is renting a home. If there is an opportunity to live with your parents or any other way to avoid spending money on rent, this will help you a lot. If this is not possible, you should look for cheaper housing, even renting a small room.

A rather interesting option is buying a motor home. You will only have to pay for parking, their electricity and water. If you initially buy a used vehicle, then during the subsequent sale you can do without losing money. Or maybe you’ll even want to stay and live in such an unusual mobile home.

conclusions

Many people wonder how to save for an apartment with a salary of 40,000 or less. There are different ways you can significantly speed up the process and make your money work for you. However, it is worth understanding that saving money on your own often has no advantages over a mortgage. There is always a risk of losing savings due to an economic crisis.