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Old 03-21-2005, 11:49 AM
Momof3grls Momof3grls is offline
$ Saving Sixth Grader
 
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Default Re: Saving for Downpayments

Well a downpayment for a car I have never had to do I have always bought cars in cash but my first car I bought at 16 I had been saving for along time to buy 6 months at a real job & alot of babysitting when I was younger. Then at 19 I bought a trailer.

I used the money from my tax return for a down payment on my trailer. Then at 23 I bought a house & the down payment came from saving tax returns the whole time I had lived in my trailer. ought a midrange house & needed no PMI thank goodness!! Now at 28 I would love to have a bigger house so now I am contemplating how I can afford a larger home someday cause our growing family I think has long outgrown this house.
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