new home. there seems to always be more things that need buying than you might think and so it is a good idea to keep some money in reserve for that as well as putting as much as you can aside towards the deposit. so as you can see you are never too young to start thinking about saving. getting together a large deposit can be a really useful thing when you are buying a home. not only can it mean that you might be able to buy a bigger home or one in a nicer area compared with what you might be able to get with a smaller deposit 