Of all the first time home buying tips out there, sticking to your budget is arguably one of the most important. You want to buy a house that is right for you but also one that you can afford to live in. Although you can technically buy a home that is priced at the top of your budget, buying the most expensive house might not be the wisest choice for you and your family. You already know that appliances can break and that electricity and wiring don’t always like to behave, so having some extra money aside in case of mishaps is always a wise idea. Buy a house you love, but be wise and think about your long-term financial situation before you commit to a new home.