Before you can start putting away money for your down payment, you first need to identify and track all your expenses.
After you track all your expenses, it’s crucial to create a budget. A budget does not mean taking the fun out of your life.
Talk to your payroll department to have them transfer a certain amount or percentage to your desired account. As another option, you can set up an automatic transfer with your bank.
If you don’t have much money, an easy way to start saving is by reducing your expenses. For example, instead of buying lunch when you’re at the office, consider bringing your lunch.
If you’re unable to get a substantial raise from your main hustle, consider a side hustle to create a second income stream.