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UrbanTurf Reader Asks: What Are the Best Methods to Save for a Down Payment?

  • June 8th 2011

by UrbanTurf Staff

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UrbanTurf Reader Asks: What Are the Best Methods to Save for a Down Payment?: Figure 1

In this installment of UrbanTurf Reader Asks, a reader who is starting to set aside money for a down payment on a home inquires if UrbanTurf readers use specific methods in order to reach their down payment goal.

I have started the process of setting aside money for a down payment on a new home, and am wondering if any readers out there have happened upon a particularly successful method or formula for saving for a down payment. I have taken all the obvious steps of going out to restaurants and bars less, shopping less, and in general cutting back on the fun stuff that I used to do, but the savings is not accumulating as quickly as I hoped. If anyone out there has advice on a specific approach or program that worked well for them, I am all ears.

Post your thoughts in the comments section. If you would like to submit a question for UrbanTurf Reader Asks, send an email to editor2011@urbanturf.com.

See other articles related to: down payment, urbanturf reader asks

This article originally published at https://dc.urbanturf.com/articles/blog/urbanturf_reader_asks_what_are_the_best_methods_to_save_for_a_down_payment/3621.

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