Some things in life come naturally—some just don’t. Buying a new home, especially your first, doesn’t always come naturally. If you just got done paying off your student loans or your car, for example, jumping into a new, 30-year investment plus coming up with a downpayment might seem difficult. However, a smartly thought out savings plan and a few nips and tucks to your budget here and there can have you well on your way to affording a downpayment on a new home.
Here’s how you can start saving for your downpayment.