Buying Your First House as Newlyweds



[Show opens]



Myrtle Alegado: Hi, Happy Life listeners. I'm pretty excited to have the discussion today with our newlywed couple. In my opinion, it's a topic that a lot of newlyweds, and married couples in general, want to know more about but are maybe hesitant to talk about. What is it, you ask? Well, today we'll chat about finances and whether buying a house as newlyweds is feasible.



Welcome to Happy Life, a podcast brought to you by INC Media Audio that aims to help newlyweds navigate through the first years of marriage. I'm your host Myrtle Alegado and I've been married to my husband Paul since 1999. Later we'll hear some Bible-based advice through Brother Felmar Serreno, a minister of the gospel in the Church Of Christ. [Show catchphrase]



Inspiration to make your marriage thrive, you're listening to Happy Life. 



Myrtle Alegado: I'm really grateful to have Chris and Alyssa here, our newlyweds from Vista, California, to share their financial journey thus far as a married couple. Hi, Chris and Alyssa and welcome to the Happy Life Podcast.



Chris Agana: Hi, Myrtle.



Alyssa Agana: Hi, Myrtle. Thank you for having us.



Myrtle Alegado: Oh, it's a pleasure. You know, what's life like right now there, down in Vista, California?



Chris Agana: It's not too bad. It's, you know, that SoCal weather. It's warm but nice and breezy. I know, it's the beginning of spring now. It's like the perfect weather so it's been just nice and cool



Alyssa Agana: Can't complain.



Myrtle Alegado: Well, send some of that sunshine over here to "Raincouver" as we like to call our city. Always jealous of the California sunshine. But again, it's so great to have you here on the Happy Life Podcast. So please let us know how you met and how long you've been married.



Chris Agana: Alright, so Alyssa and I actually met when we were teenagers. This is back when I first moved into the area, and I actually met her at church. And I'll have to say and admit that it was love at first sight.



Myrtle Alegado: Aww.



Chris Agana: We became friends, and got to know each other and actually dated for several years,



Alyssa Agana: Several years. And in 2019, Chris finally popped the question. And about a year later, we got married in November of 2020.



Myrtle Alegado: It's been almost a year and a half now that you've been married. My understanding is you became homeowners too before you got married. So for all the engaged to be wed couples out there who are currently planning ahead, can you share how this was even possible?



Chris Agana: Yeah, sure. So we actually both grew up with parents who taught us to always save, save, and save. Growing up, we would both always hear, save more than you spend and also live below your means. So early on, we developed good saving habits. And with the money that we both save individually, we knew that we had to be strategic in how we budget our money. And we had open conversations with each other to align and establish our priorities. The first thing was our wedding, second was a down payment on the house, and third was that we wanted to have enough money left over to have a comfortable emergency fund.



Alyssa Agana: We also reached out to friends who recently bought homes to learn more about their experiences. And through that we were able to find a first homebuyers program, which helped a lot.