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In this tutorial, first-time home buyers are advised on the importance of managing overdrafts. An overdraft occurs when someone spends more than what is in their bank account, which is not advisable. Even with overdraft protection, relying on it can negatively impact loan eligibility, as lenders assess the ability to repay based on financial management skills. Home buyers may inadvertently upload all bank accounts during the loan process, including those with minimal balance management, which can be detrimental. Proper financial habits are crucial for demonstrating readiness for homeownership and securing a favorable loan.