Any Plans to Buy a House? Saving Money?

House - Buying a House
United States
October 9, 2011 1:45pm CST
I'm a recent graduate living in the USA, and am currently working for a multinational corporation. Its going to take at least two years for me to save a modest amount of money to buy a million dollar house. Would you recommend that I put the money in a CD or savings account and buy an year later?
3 responses
@dodo19 (47114)
• Beaconsfield, Quebec
16 Feb 12
My husband and I hope to one day buy our own house as well. But we are also recent graduates, and realize that we may not be able to buy a house any time soon. However, we are trying to save some money as much as we can, so that we can buy a house, and be able to do things a little more comfortably. I'd probably suggest that you open a savings account where you'll only be putting money that will go towards your house, or whatever you may want to do with your savings.
• Philippines
24 Feb 12
I hope I can save up money to buy our own house too. But unfortunately, these days have been very tough and I think this will continue until the last part of the year. I hope I can save up money too so we can finally have our own place in the future. It's hard but it's possible. Hopefully. :(
@anklesmash (1412)
9 Oct 11
I have already started saving for a place of my own,i realise that it will be a long time untill i am earning enough to be able to get a mortgage however it will give me extra time to save and mean ill need to borrow less.I also put my my lot and other online earnings into this saving account.I know its not a lot but every little helps and it allows me to put my freetime towards getting a nice house in the future.Good luck with your house buying plans i hope you get somewhere nice.
• United States
10 Oct 11
You're in the same group as me. Saving money for the future is a wise thing to do. You will get paid back for your hard work soon.
@Dora1992 (71)
• China
20 Oct 11
you can move to China and get a good job in multinational corporation.