• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

'I've inherited £15,000 aged 20. When can I buy a £350,000 house?'

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    #21
    Originally posted by vwdan View Post
    The main thing I'm arguing against is the frankly ridiculous notion that he should / could realistically save 1k a month.
    OK, £500-750.
    Originally posted by MaryPoppins
    I'd still not breastfeed a nazi
    Originally posted by vetran
    Urine is quite nourishing

    Comment


      #22
      Originally posted by d000hg View Post
      OK, £500-750.
      I blame the parents.

      They should tell him to o and improve his career prospects, get educated and then with a higher salary they should tell him to pay them at least £1k rent a month, which they save up on his behalf for a deposit.

      Comment


        #23
        Actually if he bought a new car, he might have significant monthly payments on that - insurance can cost £1000 a year as well.
        Originally posted by MaryPoppins
        I'd still not breastfeed a nazi
        Originally posted by vetran
        Urine is quite nourishing

        Comment


          #24
          Originally posted by ChimpMaster View Post
          I blame the parents.

          They should tell him to o and improve his career prospects, get educated and then with a higher salary they should tell him to pay them at least £1k rent a month, which they save up on his behalf for a deposit.
          Does a barista with a degree earn more than one without a degree?

          Comment


            #25
            Originally posted by BrilloPad View Post
            Does a barista with a degree earn more than one without a degree?
            They're more likely to be able to join a coffee chain's graduate program...
            Originally posted by MaryPoppins
            I'd still not breastfeed a nazi
            Originally posted by vetran
            Urine is quite nourishing

            Comment


              #26
              Originally posted by d000hg View Post
              Actually if he bought a new car, he might have significant monthly payments on that - insurance can cost £1000 a year as well.
              Surely if he's "saving" for a decent house, then he should be running a banger for a few hundred quid, learning to fix it himself etc etc

              I think him wanting a 4 bed 350k house by 25 is bit much... even back in the day my first place was a 2 bed mid terrace (with garage though) for 46k. Still I had enough left over to run a rally car and a road car (worked on them myself mind).

              Granted the housing market is tough these days but modern kids expect too much...
              Do what thou wilt

              Comment


                #27
                Originally posted by Dark Black View Post
                Granted the housing market is tough these days but modern kids expect too much...
                Asking for a future without being a wage slave is dreadful. What are they thinking...

                Comment


                  #28
                  Originally posted by BrilloPad View Post
                  Asking for a future without being a wage slave is dreadful. What are they thinking...
                  Don't troll... You know full well what I'm getting at - I wouldn't have expected to afford a 4 bed house in my mid twenties, why should he?
                  Do what thou wilt

                  Comment


                    #29
                    Originally posted by d000hg View Post
                    Actually if he bought a new car, he might have significant monthly payments on that - insurance can cost £1000 a year as well.
                    if the most important thing is to buy a house then he shouldn't buy a new car..

                    Comment

                    Working...
                    X