7 tips to save for a down payment while living paycheck to paycheck

Living paycheck to paycheck can make saving for a down payment challenging. To afford a home, focus on budgeting and cutting expenses. Even with little income increase, you can save for a down payment by tracking spending, lowering bills, and setting aside savings. Consider a mortgage with as little as 3% down if you have good credit. Calculate your homebuying budget using an affordability calculator and plan for additional costs like closing costs.