Just had someone at work call me moneybags (in a complimentary way) for buying my first home, my single 1 bedroom flat, on a 5% deposit 30 year mortgage.
.....I spent 7 years saving for this.
Dragging my credit score up to a point where the bank would be willing to lend me the money for my mortgage. Saving up ÂŁ7500 for my deposit. Cataloging ALL of my outgoing expenses, etc. I don't have Netflix. I don't have Disney+. I don't have Sky, BBC iPlayer, or any other streaming platform. I have never gotten a pet. I use only public transport and spend most of my time walking if I can get away with it. I've spent most of my adult life living off pasta and ÂŁ1 frozen meals from Iceland.
I'm still using the phone I got on contract and paid off 6 years ago with a shattered screen. My PC is a prebiotic standard light gaming model that's 7 years old with a monitor over 15 years old. The newest luxury thing I own that isn't furniture is a Nintendo Switch my housemates got me for Christmas that I don't don't play because I don't want to pay the Nintendo subscription. I'm going to be cancelling my PlayStation sub soon as well.
This isn't a gotcha, or a woe is me, it's just a simple, bewildered, "you're calling me moneybags when you earn an additional ÂŁ10 an hour on top of what I earn? Maybe.... make better financial decisions????"
Like.... kiddo.... you're in your mid-late 20s and earning more than me right now. If I'm making ÂŁ20 an hour, and you're making half again what I'm on, then you're taking home ÂŁ30 for the same hour of work. It took 7 years for me to save up for a mortgage as a single working adult woman, and that's with multiple financial set backs. You should be able to save up enough for a mortgage between you and your fiancee to get a single bedroom flat IN A YEAR OR TWO BETWEEN THE BOTH OF YOU.














