Don’t Make Any Big Purchases
The next time you come into some money, either through a raise, a bonus, or if you manage to save some money, you should fight the instinct to spend the cash you’ve accumulated. Don’t let it burn a whole in your pocket. In the current economic climate it’s even more important to have a sizable down payment if you are planning on obtaining a mortgage. You should set up a budget and decide how much you need to put 20% down on your home.