41% of homeowners saved specifically for their first home. Here’s how renters can do the same
Saving for a down payment while also paying rent is challenging.
Susan Ladika spent more than three decades working as a journalist, reporting everywhere from Bali to Bosnia to Tampa Bay. She spent the first 12 years of her career working as a reporter and editor at newspapers in the Southeast, then moved to Europe, where she worked for the Associated Press and freelanced. Susan returned to the U.S. in 2001 and has been freelancing ever since.
Susan began writing about the fascinating field of personal finance for CreditCards.com and Bankrate during the heart of the Great Recession, when everyone wanted to learn how to save money and spend what they had more wisely.
Over the years she’s written about a wide range of personal finance topics, including credit cards and debit cards, financial scams and frauds, savings and checking accounts, real estate and insurance.
Saving for a down payment while also paying rent is challenging.
Interest rates are on the rise. Follow these tips to find a savings account that can keep up.