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Angelika Zaberis a de-icing and winter maintenance specialist who creates informative content on effective winter solutions.
She resides in Skelmersdale, UK, where the average house costs a little under $200,000.
The first thing she recommends is living with your parents.
The average rent in the U.S. is roughly $1,554 per month, according to areportby Apartments.com.
That comes to roughly $18,648 per year.
Zaber went that route when she saved up for the down payment.
However, that didnt mean staying at home all year long.
She offers some creative ideas for getting out while saving a lot of money.
Zaber makes that recommendation for people who are saving up for down payments.
Instead, I cooked most of my meals at home, saving myself lots of money, she explained.
Cooking is a valuable skill and you may end up enjoying it after some practice.
You will also build up your savings.
Zaber explained how she approached the home search with herfiance and didnt leave any stone unturned.
Fixer-uppers will cost less money than completed homes.
It also comes with a lower down payment, making it easier to secure the property.
You Have To Plan It Out
Plan ahead.
Collecting enough money for the down payment can take a few years and thats okay, Zaber explained.
Saving up for a down payment doesnt happen overnight.
You will have to stick with an extreme budget for multiple years and stay focused throughout the journey.
The best goals often require long time horizons.
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