You may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast!

Saving for a down payment takes a little discipline, so limiting your extra purchases (like a latte a day from your favorite coffee shop) will help you get there faster.

Depending on where you live, putting away just a small amount each day will get you to the average down payment you may need for homeownership faster than you think.

Are you “Mortgage Ready”?

Saving for a Downpayment? Here’s what you need to know.

Originally published at: https://www.simplifyingthemarket.com/en/2019/08/23/a-latte-a-day-keeps-homeownership-away-infographic/?a=35742-bef8b4dd4fe17628f3c756ee9011ef24