7 Ways to Save for a Down- Payment Ready to buy a house but need help building a downpayment? Follow these tips to maximize your savings. 1. Eliminate high-interest credit card debt 2. Tighten your spendingÑcreate a budget and cut subscriptions 3. Increase your incomeÑtake your side hustle to the next level! 4. Stash away Òfound moneyÓ like gifts or a tax refund 5. Track every dime you spend 6. Ask relatives if they can help 7. Open a high-yield savings accountÑearn more $$$