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The Down Payment: 10 Great Blogs to Get You Into the Saving Mindset

Posted by Cindy Davis on September 21, 2016 at 12:30 PM

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Everyone knows that buying real estate is almost always a solid investment, so why don’t more people do it?

The down payment is one of the most common roadblocks preventing first-time homebuyers from getting started. It can be a daunting task to start from nothing, or even a negative net worth, and save up enough for a respectable down payment plus closing costs. But the only way to get around that initial roadblock is to take the first step.

Saving_for_Downpayment.jpgLuckily, there are quite a few inspirational blogs that provide lots of great resources to walk you through the process of getting out of debt and saving up for your first down payment. If you are in need of some financial motivation, these are 10 of our favorite places to find it on the web:

Pocket Your Dollars

Pocket Your Dollars was started by Carrie Rocha in 2009 as she and her husband were struggling to pay off more than $50,000 in debt. The couple paid off the last of their debt later that year and have never looked back. Today, the site places a strong emphasis on cutting back routine expenses through smart couponing.


Started by David Ning in 2007, MoneyNing focuses on the key aspect that so many of us leave out of our personal finance goals: taking action. He stresses the importance of increasing your income while decreasing your expenses, but does so with an extreme focus on the action steps involved.

Frugal Living NW

This blog is focused on living a frugal life in the Pacific Northwest, but most of the topics they cover actually apply to just about any geographic location you might find yourself in. They offer a complete course in couponing, as well as some great tips on meal planning on the cheap.

Retired by 40

Gretchen from Retired by 40 graduated college in 2012 with more than $100,000 in debt and a dream of both her and her husband working less so that they could spend more time raising their daughter. This blog started as her accountability partner in that mission. She focuses on how to cut costs, stick to a budget, and how to deal with the times when she fails to do those things well.

The Penny Hoarder

Want to learn more about how to make money working from home? How about how to get the most out of your Sam’s Club and Costco memberships? Would you like more information about some of the best mobile couponing apps? Those are just a few of the articles you will find valuable over at The Penny Hoarder.

Money Saving Mom

There are hundreds of “mommy blogs” across the web these days, but no one talks about saving money quite like Crystal Paine. She is an expert “couponer” and bargain shopper, and she also has experience in saving for a down payment. Her and her husband were actually able to save enough to pay 100% cash for their first home. Now that’s one very impressive down payment!

Good Financial Cents

This is a great site for anyone looking for the real nuts and bolts behind saving and personal finance. Jeff is a legitimate financial planner with a long track record of helping people like you. One of the most unique things about him is that despite being a “numbers guy,” he is able to help without using big words and complicated financial plans.

Making Sense of Cents

Michelle is the young lady behind Making Sense of Cents, and she has some serious street cred that includes paying off $38,000 in student loans in only 7 months and touring the entire country while living in an RV. Her writing is extremely popular among millennials, particularly those who are interested in cheap travel and saving for real estate investments.

Get Rich Slowly

Originally created to tell the story of founder JD Roth’s journey to get out of debt and live a more fulfilling life, Get Rich Slowly is now written by a team of writers that focus on all aspects of personal finance from an anti-get-rich-quick-scheme perspective. This is a fantastic resource for information on cutting costs and saving for your first home.

Mr. Money Mustache

Mr. Money Mustache is known as the “hardcore” personal finance blog. It takes a sarcastic look at the ways in which we struggle to keep up with our peers when we should be focusing on our futures. This no nonsense, common sense approach to personal finance is different than most of the other blogs out there, which is what makes it so popular among people who are struggling with lifestyle choices.

Saving for a down payment to buy your first home may seem like an impossible task. But by following the advice of those who have successfully done it already, you’re taking the first step to making it happen.


Whether you’re looking for the latest real estate news or just want a few tips from the experts at Carrington Real Estate Services, our blog is your one-stop destination for everything real estate related.


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