@kaia
Isn't that the guy who saved more than he earned per month while paying a laughably low rent to his parents and also received a free car out of the blue?
I wouldn't really treat this article in terms of honest economic advice. It seems more like a redemption for everyone who thinks UK real estate market is healthy and competitive, and young to middle aged people are renting because they prefer so.
Eastern European perspective: people in the UK spend enormous amounts of money on dining out and other non-essential stuff but cutting on that wouldn't allow you to save for a house deposit.
My estimate was based on my drinking profile π I have a brewery 15 mins walk from home though π
Agreed. My expenses are usually limited to 3 beers or so. It seems expensive to be a young adult in the UK π€·ββοΈ On the other hand, ROI on the "club girls" doesn't seem to be very good if reproductive success requires repeated attempts, at high cost, every weekend.
@kravietz
I think that it is a misunderstanding that British people spend huge amounts of money on non-essentials, at least compared to the rest of us.
It is much more likely that you need a job, but most jobs are in bigger cities, so you have to move to or near them, which translates to high property prices. Even if you want to own, you can't afford it, so you have to rent and live on a small budget.
@kaia
>but cutting on that wouldn't allow you to save for a house deposit.
Probably would tbqh.