Wednesday, September 16, 2015

Saving For A Sunny Future with SunTrust

When I think about saving for a Sunny Day the first thing that pops into my head is saving for a rainy day. But why does saving up have to be only done compared to something negative? Why not start saving for something that can make you smile, like a new home! My husband and I have recently signed another one year lease agreement with our landlord. As grateful as we are to have another place to live for another year, we are working on saving to move into a larger townhouse, possibly even a house.
When I first thought about saving up for a new home there were so many questions that came into my mind:
How much can we afford when it comes to our budget?
What will mortgage payment be if we choose to buy?
What is my credit score?
What is required for a mortgage?
Will we be approved for a mortgage? 
How much do we have to put down upfront?
Should we consider purchasing something that requires extra renovating in order for it to be our "perfect home"?
Should we consider something that isn't close to our jobs?
Now I know that saving up for a house can sound a bit daunting, but it truly helps when you have some information to guide you in the right direction like SunTrust's Resource Center for Owning a Home! Here you can find financial tips, tips on selling a home and even a Monitor and Manage section where you can teach the kids how to start saving money for themselves. One of my favorite things on the website is The Top 20 Most Confusing Mortgage Terms Defined because who doesn't want to feel prepared before signing a contract! Need more motivation and encouragement? Sign up for SunTrust bimonthly Shine Newsletter.

Do you have any tips and tricks when it comes to saving up for a home? If so, let me know!

Sunny Days start here. At SunTrust, they have the tools and resources to help you achieve your sunny day. Start here to find out how they can help you enjoy the things that matter to you.

At SunTrust Bank their purpose is lighting the way to financial well-being. When you feel confident about your money, you can save for your goals and spend knowingly on what matters most to you. They know we all live for the sunny days and want to you help you live yours.

For even more sunny day inspiration visit
Subscribe to the Shine newsletter and receive inspiration and advice twice a month to help you live for a sunny day.
Visit the SunTrust resource center anytime for help achieving your financial goals.

This is a sponsored conversation written by me on behalf of SunTrust Bank. The opinions and text are all mine.

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