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Monday, July 18, 2011

How To Save Money For A House

If you want to scrape together as much money as possible for a down payment on a home, you'll have to cut your usual expenses. The trick is deciding exactly what you can and can't do without.

Blonde & Balanced offers a primer for how to chip away at your budget and cobble together some extra scratch.

Suggestions from the post:

*Shop for clothes as little as possible. If you can make your clothes last twice as long as you'd usually wear them, you'll cut your clothing budget by 50 percent.

*Find cheap hobbies to eat up your free time. Run outside rather than join a gym. Hit the library rather than a bookstore. Watch movies at home rather than at a theater.

If you've cramped down on spending with a goal in mind, how did you cut costs?

Buying Our First Home: How To Save Money For A House [Blonde & Balanced]

from Phil Villarreal @ The Consumerist

2 comments:

Anonymous said...

Get rid of your stupid cell phone. Get rid of cable.

Anonymous said...

I agree, 5:52. . .and a used car.