Here are some examples of how you can meet the short-term goal of saving for a down payment: Pay down your high-interest debt. Trim your budget for discretionary spending. Consolidate your insurance policies with one carrier to get a bundling discount.
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Answer:
Here are some examples of how you can meet the short-term goal of saving for a down payment: Pay down your high-interest debt. Trim your budget for discretionary spending. Consolidate your insurance policies with one carrier to get a bundling discount.
Short-term goal examples:
Emergency fund.
Payments toward rent, insurance or student loans.
Credit card debt payments.
Personal goods.
Travel.
Wedding.
Minor repairs and home improvements.