If you buy a house, your biggest bane over time will be taxes. If you could buy a cheap home in an area with low property taxes it could be less then renting, there could also be tax advantages (don’t know how England works).
Save half where you can get to it, save the other half in a retirement account. If you can save enough over time (20 to 25 years), it becomes its own income fund allowing for splurge opportunities (along with freedom in jobs you want to work at).
Well i get your point but all my friends and family are all for the buy a house option. But it seems like i may as well dig a big hole and pour money into it. I'm not liking that option. I'm just looking for ideas!
I'd say, know for sure how to draw up a personal balance sheet. can't really do much without it
"People often say that this or that person has not yet found himself. But the self is not something one finds; it is something one creates." - Thomas Szasz