Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Personal Finance Forums
Money Saving
How to Save for a Down Payment
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Leah Kelvin, post: 337230, member: 106815"] A challenging but attainable goal is to save for a down payment. Here are some steps you can take to save for a down payment: 1. Set a target: Calculate how much money you need to save for your preferred down payment amount. This way, you will remain motivated and have a clear savings objective. 2. To begin with, prepare a budget: Determine what proportion of your monthly income is spent on essentials and identify wasteful expenditures that could be curtailed for the purpose of your down payments. Saving regularly by making it an unchangeable monthly charge in your budget might work. 3. Automated saving – if you link up salary or checking account to a savings account specifically created so as to be used when paying the deposit, then it would mean that there would be no more excuses for failing to consistently save. 4. Remove debt: Basing on which type of debited has accrued high interest first, pay off such borrowings like credit cards and personal loans. By doing this, one will reduce the level of indebtedness thereby generating additional cash flow thus encouraging saving towards paying future deposits. 5. Research alternative revenue streams: Getting extra sources of income like part-time jobs or freelance assignments may help address any potential shortfall in your financial plan geared toward ensuring that you have adequate reserves set aside meant saving towards down payments. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Personal Finance Forums
Money Saving
How to Save for a Down Payment
Top