Most potential home buyers come to us thinking that they will have to suffer, scrimp, and save every penny to save for their down payment. Today we are going to look at an option to save money each and every month without having to suffer or scrimp. You will save but believe me you will not suffer.
Jim Hunger is both a friend and a client of ours. Jim is a single dad who shares custody of his son Henry. Jim feeds his family on a budget of $200.00 a month. That’s right $200 a month! There is no scrimping, no suffering to eat fantastically on $200 a month if you follow Jim’s lead! Now having a “tween” for a son makes meal planning a challenge. Or does it? The whole point of Jim’s food budget is to eat well for less money than we think possible. Even if feeding the kids.
Asparagus and Homemade Farmer Cheese
I have been following Jim’s blog Musings on the Path to Frugality for quite some time. I know it has helped our household cut our food budget by quite a bit. I’m not the record keeper that Jim is but I know that my food bill is at least 30% lower and I feed two teenagers every day! I think that anyone that reads this blog will increase their enjoyment of food and their savings account!
Jim was able to save the money for the down payment of his home in part because of the money he was able to save by spending less on food each month. It was not the only way he saved the money for the down payment but he says it was the most enjoyable way.
When trying to save the money to buy a house there are many things you can do to save money. We are going to start a series here on Monday’s using one of Jim’s recipes. Nobody said you have to suffer to buy a home! We will also share other creative ways to save money for your down payment or really for anything you want to save money for!
If you have any creative ways that you have used to save money please share them in the comments section of this post.
If you want to read more about Jim’s Musings on the Path to Frugality you can find the blog here. Additionally there is a fan page on Facebook and you can become a fan of Jim and his musings by following this link.
All the best-
