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Reply to "how the hades did you save a six figure deposit?!"
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[quote=Anonymous]If you haven't already done this: really scrutinize your budget category by category. To save for a house, we stopped going to restaurants almost all together, we brought our lunches (with reasonably priced food from non-fancy grocery stores), didn't spend much on clothes, I changed my hairstyle (I cut out chemical processing to save >$1000/year), we relied on cheaper forms of entertainment (board games at home and sometimes going to the movies with coupons instead of going to shows/concerts/bars), we didn't buy coffee, we don't pay for cable (I use an antenna and Netflix), and I shopped around for less expensive car and renters' insurance. Those are some of the small things that added up to several thousand/year saved. The big things are where you can really save. I moved to a less expensive neighborhood, my husband and I shared a 1-bedroom apartment longer than was comfortable, I didn't have a car for a few years, and then later had a used car (would probably never buy new because of the savings), etc. In short, there aren't any shortcuts. It takes increasing your income, cutting your spending, and/or waiting longer that you'd like to buy. Good luck![/quote]
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