How can I effectively save to buy a home?

As a recent college grad, I am starting to think long-term about my future investments. One of my top priorities is buying a home.

Since I have time on my side, what are some good ways I can effectively save on a regular basis in order to have a nice down payment when I'm ready to buy?

Remember, I am just out of college so I don't have too much money to spread around, but I really want to get started. Thanks for the help.

If you have a direct deposit option, open a savings account and contribute $20 or $40 to it a pay period. Since it is taken out before you get the check it will be easier to forget about and you might not be as tempted to spend it on something else.

You have to save money. It doesn't take much now to help greatly later. If you don't have much of a income you can stash $20.00 a pay period in you sock drawer. In a year put it in a savings account like a Christmas Fund. If you put too much away you will have to dip into it. Don't let anyone know you have enough to solve a small problem or you will spend it.

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