Let’s be honest, saving for your first home while living your life isn’t always easy. Between rent, bills, social plans, and work, it can feel like there’s not much left over at the end of the week. But with a few smart changes, you can start building your savings without giving up everything you love. 

Whether you’re just starting your career, running your own business, or dreaming of one day owning your own place, these simple tips can help you feel more in control of your money and closer to your first home. 

1. Zoom out, not in 

Instead of stressing over every little purchase, take a step back and look at your bigger financial goals. Want to buy a place? Travel less but save more? Having a long-term focus can help shift your mindset and make day-to-day decisions easier. 

When you know what you’re working towards, it’s easier to say no to things that don’t serve the goal. 

2. Know where your money’s going 

You don’t need to track every cent forever, just long enough to spot patterns. Use your banking app or a free budgeting tool to see where your money’s really going. 

Small switches like cooking one extra meal at home or reviewing your subscriptions could mean more saved, less stress, and no dramatic sacrifices. 

3. Cut guilt, take action 

Money anxiety is real, especially when you’re trying to save and feel like you’re falling behind. But guilt isn’t productive. If you overspend or miss a savings goal, reset and keep going. 

Try: 

• A no-spend weekend 

• Transferring a small win to savings ($20 counts!) 

• Asking questions — our local team is happy to chat 

Progress beats perfection. 

4. Start planning for bigger goals 

Even if buying your first home still feels a way off, now’s a great time to start getting ready: 

• Open a separate savings account 

• Set a realistic monthly savings goal 

• Learn about your borrowing power and options like low-deposit home loans

At Summerland, we also offer Secure Start — a family guarantor option that can help you buy sooner, without needing a full 20% deposit or paying Lenders Mortgage Insurance. It’s just one way we support first home buyers to take that next step. 

Let’s make it happen 

You don’t have to figure it all out alone. As a customer-owned bank, we’re here to help you plan for the future, not pressure you into something that doesn’t fit. 

Whether you’re just getting started or nearly ready to buy, let’s chat. 

Talk to a local lending specialist. 
Learn more about Secure Start.