2 Responses to “What are some creative ways to save up for a house?”

1. REinfo Says:
   December 3rd, 2009 at 4:18 am

   First try to cut all unnecessary payments and debt. Large car payments, credit cards, personal loans, ect. Also there’s still some programs that offer 100% financing for 1st time buyers, at great rates.

2. the_hernandez_group Says:
   December 5th, 2009 at 12:47 am

   I know firsthand that saving for a house while having a large rent payment can be really hard!

   The first thing you have to determine is really going over your budget- where is your money going to and how much are you spending. For example I had a nastly little starbucks habit twice a day – which I cut out to once or twice a week.
   I was spending $5.00 for each coffe, so ten bucks a day 5 days equalled 50 bucks weekly almost $2400 A year on coffee!!

   These are tips I’ve done:
   -Grocery shop twice a month make a list and stick to it – When you save up tons of coupons and buy generic, you go to the store less and end up saving money all at once ( I save on average $200+ per month by shopping this way)
   -Save all your change- Keep all change in a jug – roll it up on a friday night while watching a movie
   -Cut out erroneous entertainment (yes go out once or twice a month) but youd be amazed at how much you spend
   -As you balance your checkbook round up for every transaction IE Ify ou make a purchase for 14.75 round it up to 15 in your checkbook- those quarters add up and before you know it theres an extra couple hundred in the bank!

   Hope this Helps!
   -Maresa