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Buying a home

Buying a home

What Are You Willing To Give Up To Buy Your First Home?

July 19, 2017 by
saving a deposit

With property prices rising a little higher as each year passes, saving a deposit has never been so difficult. If you want to buy your own place, you need to make a few sacrifices here and there. Not gonna lie, you’ll need unsubscribe from that ASOS mailing list, live off beans on toast, and decline so many nights out that your mates forget who you are.

According to a survey from My Voucher Codes, 64% of respondents would stop going on holidays to save more money for their own home, 62% would stop going to the pub and ordering takeaways, and 41% would stop paying for gym membership.

I asked some friends what they’ve given up to get on the property ladder… Continue Reading

Buying a home Money

Here’s Why We All Need To Be Money Saving Optimists

July 18, 2017 by
money saving optimist

I recently read a Huffington Post article on the importance of being optimistic when it comes to climate change.

Solitaire Townsend, founder of Futerra argues that in order to save the planet, we need to think positively rather than assuming the end of the world is nigh.

She says: “It seems that human beings have an uncanny habit of making true what we believe. Whether that’s a belief in economic crashes, our own career trajectories or global climate meltdowns.

“If we believe the worst will happen then we are subconsciously demotivated to prevent it. Whereas, if we hope for the best, then we’ll work, invest, convince others and, in preparing for victory, we’ll create it.”

“If we believe the worst will happen then we are subconsciously demotivated to prevent it.”

I think the same can be said for saving money. Not a day goes by without the internet telling us we’ll never be able to save money, buy our own homes or even retire. Look at this quote from Cosmopolitan earlier this year

 

cosmopolitan housing crisis quote

Don’t get me wrong, the housing crisis is bad, but when websites like Cosmopolitan are telling us to give up on our dreams of home ownership and kiss goodbye to financial security, is it any wonder why so many young people don’t bother saving for the future?

Young people are constantly bombarded with scary facts and figures that make it seem like the odds are stacked against us. We’re so often told that we’ll never be able to buy our own homes so we don’t even try. It’s not helping.

We need to be encouraged and nurtured and hugged all the way to the bank. Instead of being bombarded with tales of woe, we need to be pointed in the direction of thrifty recipes, profitable side hustles, and high interest current accounts. We need to be given more success stories showing that people – from a multitude of backgrounds – can and do buy their own homes every day.

Dya know what? Even if some of us can’t save enough to buy our own homes, saving at least something can tremendously transform our lives.

Having a healthy savings account can enable us to quit jobs that make us unhappy, travel the world, invest in education, protect ourselves from unexpected financial emergencies and retire at a reasonable age. Savings are fun and empowering and life-changing! But we don’t hear much about this side of things because the media’s too busy scaring us.

Instead of telling us how bad the situation is, tell us what we can do to fix it and how these changes can transform our lives.

I’m definitely guilty of being a little negative on this blog from time to time, so I’m determined to change my ways and be more lovely and encouraging. I’ll probably still swear a lot though.

What do you think? Are you tired of being bombarded with scary money stories or do you think these sobering stats are important? Let me know in the comments. 

 

Here's Why We Need To Be Money Saving Optimists

Buying a home

How To Buy A House: My Home Buying Timeline

April 30, 2017 by
home buying timeline

Buying a house has long had a reputation for being one of the most stressful life milestones a person can experience. From delays in getting your mortgage to breaks in the property chain, there are so many things that can go wrong.

If you’ve got your heart set on making a house a home, don’t let the possible pitfalls put you off. After all, you’ve got so much to gain! There may be a few hurdles to overcome but once you’ve got your keys and you’re making the mandatory trip to Ikea, it’ll be so worth it.

I started the home hunting process in December and the process has been fairly smooth sailing so far. Here’s my home buying timeline to give you an insight into how the process could go…

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Buying a home

6 Reasons I’m Buying An Apartment That Hasn’t Been Built Yet

February 11, 2017 by

If you wanna read more stories just like this one, join my free Money Mess To Financial Success group. Surrounded by like-minded people on a mission to be better with money, you’ll improve your finances and transform your life in no time!

I’m currently in the process of buying my first home. There’s just one problem; it hasn’t been built yet.

I never imagined my first home would be a new build. I’ve spent most of my deposit-saving journey daydreaming about buying an old house with high ceilings and old wooden floor boards. I imagined painting walls and ripping out kitchens and making the place completely my own.

Yet here I am, buying a home that doesn’t yet exist. Considering I’ve not been able to step foot in the most expensive purchase I’ve ever made, buying an ‘off plan’ new build is pretty scary. But on the positive side, it comes with several benefits… Continue Reading