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Saving for a home is easier when you know exactly what you are saving for. Start by estimating your down payment and closing costs, then work backward to a monthly goal.
Make it automatic
Set up an automatic transfer to a separate savings account each payday. Money you never see is money you are less likely to spend.
Track your progress
- Review your savings once a month
- Celebrate small milestones along the way
- Adjust your goal as your plans change
