How to save a down payment on a house?

If you're truly committed to buying a home and can handle some big changes in lifestyle, you could move in with family for a defined period of time. You could also move to a smaller apartment.

Going from a two-bedroom to a one-bedroom can drop your rent by 25 to 30 percent. If you have a spare room, take in a renter until you save what you need.

Another possible lifestyle change is to bring in more income by working overtime if possible or taking on another job.

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