Prime Rate Credit

May 5, 2006

My Personal Savings Plan for Buying a Home

Filed under: Ways to Save, Bank Loans, Mortgages — CleanedUpCredit @ 10:12 am

This is really just personal commentary, but who knows, it might mean something to someone! I’ve decided that my goal for this year is to have $20,000 in the bank by the end of 2006 for a nice, fairly hefty downpayment on a home. How do I think I can do that?

Well, by cutting a few costs, such as my somewhat excessive shopping, increasing my withholdings from my paycheck for my investment program, which I may draw upon at the end of the year to help me meet that $20,000 goal, and also to step up my outside endeavors - meaning my outside interests besides my current job as a paralegal at a major insurance company.

 

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