 Personal Finance PowerPoint Presentation Financing Basics for First-Time Home Buyers Get ready to get financially fit by practicing personal finance. Most financial decisions can be broken out into those short-term decisions and the long-term decisions. The short-term decisions being the ones that we're going to train our guts so we can trust our guts. We're going to be using trial and error tinkering type of process in order to hone down our habits so we can depend on our habits to help us out with those day-to-day decision processes with less formal thought or time put into them. The long-term decisions, on the other hand, we have to follow the adage of measure twice, cut once. We've got to go through a more formal process. We can't use the tinkering or the trial and error method as easily. And, of course, the home purchasing process falls into that long-term category. We might list our purchasing process under number one, determine the home...