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Saving money

lauranna

Member
Joined
Sep 23, 2008
Messages
764
MBTI Type
ISTP
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9w8
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sx/sp
At this rate, i may well end up like Hugh Hefner.
 

Snoopy22

New member
Joined
Dec 29, 2008
Messages
355
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INTP
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9w1
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so/sp
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).
 

durentu

New member
Joined
Mar 18, 2008
Messages
411
MBTI Type
INTP
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5w4
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!

well alright...

I'd say, know for sure how to draw up a personal balance sheet. can't really do much without it
 
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