How I'm Saving Money To Purchase a Cabin In the Woods

In pursuit of the elusive down payment.

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Photo by The Cabin Dude

Hey Forest Creatures,

I’ve been thinking about how difficult it is for most of us to save up enough money to live the simple life that we all dream of. These days it feels like everything is set up so that living a life in a small cabin in the woods is now only accessible to the fortunate few. Which is wild since, until now, living in a cabin in the woods has been looked down upon by the metropolitan crowd.

Now the simple life is a sought-after luxury and the economic principals of supply and demand are exerting their influence. Which means that those of us who are naturally attracted to the lifestyle are forced to compete with those that have it all already.

Saving for a downpayment is no small feat as it is, so I figured that I’d put together my strategies for saving extra money.

I’ve worked most of my career in banking, specifically, in the credit sector. I’ve developed my strategies based on years worth of exposure to the financial industry. However, I am not a financial advisor, and this is not financial advice, everyone’s situation is different. So, consider doing your own research.

Saving well is more psychological than anything, so here are the strategies I use to boost my savings each month to get closer to my down payment goal.