Everybody dreams of having their own home.  But have you ever wondered about the perfect time to buy a house? Truth is, the perfect time depends on you.  Recent studies say the ideal age to invest in a house is 35 though. While buying a house at a younger age is wonderful, doing it at 35 is still encouraged.

Here are the reasons why:

Financial Stability

Typically, 35 is the average age when people become financially stable.  Mostly in your 20’s, you’re still struggling to find a steady and profitable job that can help you save enough money for future investments. Additionally, if you’re in your 20’s, there are many things that divide your attention such as holiday travels, parties, and romantic dates, among others.  In this stage, you’re still having fun; investing in something big isn’t on your mind yet.

In your early 30’s, on the other hand, you’re likely to have a stable job; but this stage could only be the beginning of you realizing to save some of your hard earned money and exercise financial wisdom.

When you reach 35, you should be ready to invest in bigger things because you already learned enough from past financial mistakes. This is also the peak time when you would want to achieve something noteworthy for yourself and reap the hard work you’ve done over the years.

Education

After college some people are reluctant to find a job right away; some even study further—after all, education is important.  However, studying continuously can be a financially tough time.  You may be learning a lot, but you’re also spending a lot on education while not earning any income.

If you’re one of those people who prioritizes education, it will be difficult to save money and invest in big things.  However, once you’re finished with school, you’ll be able to start earning and saving more for future investments. This usually happens around 35, when you’re already successful in both your scholarly and professional undertakings.

Relationship Status

Your relationship status can be a factor for buying a house or not. Buying a house while you’re still single may be far from your mind. If you’re single and independent, you can live alone and rent an apartment. However, if you’re in a long-term relationship, you may eventually think about settling down.

People settle down at different ages; however, 35 is the average age when people have met their partners and had their babies. At the age of 35, investing your savings on your dream house can be the perfect gift you can give yourself and your family.