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Many couples probably dream about their future home before tying the knot.
Read on to find out why Cruze thinks newlyweds shouldnt buy a home andwhat she recommends they do instead.
So why Cruzes advice?
Cruze isnt saying married couples shouldnt ever buy a home.
But for those still in the newlywed phase, shes simply asking what the rush is.
She also said you should take two essential financial steps before you begin the hunt for your dream home.
But homeownership comes with maintenance costs, and utilities are often higher for a house than an apartment.
An adequate emergency fund ensures a leaking roof wont disrupt financial stability.
Pull Your Credit Reports
Your credit score is pivotal in securing a favorable mortgage rate.
Sometimes, a credit report can contain errors that negatively impact your score without you realizing it.
Before pursuing homeownership, you should clearly understand your combined financial situation, from debt to expenses to savings.
It can also be an excellent first step in managing your finances as a couple.
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