Q & A
Fixing Credit, Saving a Downpayment
My husband and I make about $70,000 between us.
we want to buy a house in the next couple of months but his credit score
is really low and unfortunately we have not saved a dime. What would
you recommend to get his credit score higher and for us to save some
money.
Erin
First, go read Fixing the Mess
You Made
As for saving money for a home, how much do you want to have saved,
and by when? If you want to have $20,000 saved in the next 24 months,
then you'd divide 20,000 by 24 to get $833.33, which is how much you'd
have to save each month. Good luck.