If you’re in the process of looking for a new home, or have owned a home before, you know just how valuable good saving habits can be. Putting your excess cash away responsibly can put you in a position to give yourself the best in a new home, condo, or apartment, and the money can be put toward anything – a higher down payment or monthly payment so you pay it off quickly, furnishings, rent or utilities, the list goes on and on. Plus, the comfort of your savings is invaluable when things around the home inevitably break or fail.
But despite the fact that recent economic upturns have given more and more people the opportunity to save money, reports still show that just 24% of Americans have a decent savings cushion. To get you back on track to being
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