16 financial tips to help home buyers save for a down payment

Experts recommend strategies to help home buyers save for a down payment, such as creating a budget, automating savings, and exploring homebuyer assistance programs. Key tips include paying off high-interest debt, reducing unnecessary expenses, setting up a dedicated savings account, and boosting income through side hustles. Utilizing high-interest savings accounts, allocating unexpected bonuses, seeking professional financial advice, considering lower down payment options, micro-investing, selling unused items, and making temporary sacrifices are also beneficial.