It’s almost the weekend so let’s have some fun! And what is more fun than thinking about the new home that you’re looking to buy. Statistics reveal that the median home-existing prices are going for $258,300 and thus, the 6% down payment is approximately $15,000. While not an overwhelming amount of money, it’s still a nice chunk of change.
We have some thoughts on how to help yourself save for that down payment. There are some easy ways to cut back on extraneous expenses that can go into the coffers of your bank account instead of out of your pocket.
Here’s a list of realistic cost savings:
1. Give up the morning coffee. You probably find yourself spending around $4.00/item which equates to $1,300/year.
2. If you can manage to cut your