If you are thinking about buying a home, now is a good time for you to analyze your financial habits. While financial planning is always beneficial, it can directly help you if you are planning to make a serious financial commitment like buying a home. Here are some resolutions that you can adopt to keep your finances in check while preparing to purchase a home. 

Pay Attention To Your Credit History 
Potential homeowners try to do everything that they possibly can to improve their credit before they apply for a mortgage. When it comes to approving a mortgage, lenders place a lot of emphasis on the applicant's credit history. You can improve your credit score by paying off your debts. Any positive changes in your credit score will enhance your ability to get favorable terms on your mortgage. Be sure to avoid applying for credit close to the purchasing date of your home. Lenders will look at that as a red flag. 

Pay Down Any Liabilities 
Paying off any financial liabilities before purchasing a home will help lenders see you as a stable when you apply for a mortgage. You will have more financial freedom in regards to paying for moving expenses or furnishing your home. Try to focus on getting rid of the high interest debt first. 

Set Up An Emergency Fund 
Emergencies are always certain to pop up. Setting up an emergency fund is a symbol that you are in good control of your finances, which is especially important as you prepare to purchase a home. Having an emergency fund can stop you from using the finances that are set aside for your home purchase and using them to help with a car repair or surgery. Always make sure that there is money set aside in case home repairs are required. 

Set A Budget 
Budgeting is an important financial tool. When creating a budget, note the increased costs that home ownership may bring. You'll likely have to pay property taxes, homeowners association fees, and even home maintenance charges. Budgeting helps you put money aside so that you will prepared to deal with those charges. 

Use The Budget 
Live within that budget so that you can get a good idea of how everything will work in the future. It is important that you use the budget to see if there are any areas that should be adjusted before you purchase the home. 

Create A Home Buying Fund 
If you have not created a home buying fund, you should do so immediately. Add any extra money to the fund so that you can open up new avenues once you purchase the home. Set aside some money to deal with charges such as private mortgage insurance, closing costs, home inspections, and appraisal fees. 

Get Familiar With Home Maintenance 
Your home will require basic maintenance to remain healthy. If you want to learn about basic home maintenance, attend a workshop, watch online tutorials, or read some books. This will help you save thousands of dollars in maintenance costs in the future.