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What should a 21yr old life priorities be?
Comments
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I reckon your spot on, buying a place is a great investment especially in the right parts of london. Id live at home for a few yrs when your working to save more of a deposit then maybe get your own place, i added my dad to the mortgage so i could borrow abit more and the monthly payments were affordable. Also if a few years down the line you decided you want to travel/leave your job etc you can rent out the place and get someother mug to pay your mortgage, as im currently doing!0
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Well alot of people would be shocked if they knew what my priorities were. Im wanting to buy my own place by 24 at the latest. Plan is to buy with gf. If planning for the best case, we buy together and can easy afford it but im preparing for the wosrt, we split up and iv got to fly solo and buy somewhere myself.
Either way thats my goal. I know everyone says dont worry im young make the most of it. Well i want the holiday once a year and nice enough*note the nice, not new* car while being able to pay a mortgage. A holiday every year is all i would need to "see the world" i think. Dont need a years travels for that.
Just need to save a simular amount to you, work like mad and stop at nothing until i achive whats required of me to get my own place.Work in progress...Update coming July 2012.
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Its a hard thing to comment on, whatever makes you happy TBH. Personally I want teh holidays, fast cars, nights out etc but also have a house goal in mind. Because of this I decided to stay with my parents untill 25 (im 24 now) and then move out when i had about 30k for a deposit. This way i feel iv not missed out on my early 20's by being strapped for cash. That said if it hadnt been for the cars (my main hobby) and a few big holidays I could have easily put a 70-80k deposit on a house next year but i dont regret it at all.0
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