Many renters want to own their home, but struggle to find the cash needed to make a down payment on a property.
In fact, a recent survey conducted by the personal finance website GoBankingRates.com showed that a fifth of adults in the U.S. don’t have a savings account, while a third of those that do had zero balance on their account.
Below you will find some top tips to help you start saving and reach enough funds to put a down payment on a home.
Set a target
Knowing how much you can afford to spend on a property is crucial to help you determine how much you will need to save for a down payment.
After working out how much you need to save, you should compile a detailed saving plan to reach your target. Having a target goal to reach will help you buckle down and start to put money away. You will find it har...
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