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Yoof struggling - I think not

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Comments

  • abaxas
    abaxas Posts: 4,141 Forumite
    If anyone watched Newnight last night...

    The yoof are struggling, due to all the chav OAPS.

    Loved the way Paxman, just sat back and let them take the !!!! out of themselves.
  • nicko33
    nicko33 Posts: 1,125 Forumite
    We didn't waste our money on the latest greatest iPhone, beer money, or holidays.
    What do you waste it on then? An Audi?
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    wotsthat wrote: »
    ...and yet just previous to purchasing you penned many many posts saying how it was the worst time ever for an FTB to buy and how it was all so unfair.

    You're either engaging in some major post-purchase justification or were plain wrong.

    I do still think property is over priced in an unfair way, on the flip side I could pay it and get on with life or pay it for somebody else.

    I have made the best of a bad situation and feel happy enough with that. :D
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Percy1983 wrote: »
    I do still think property is over priced in an unfair way, on the flip side I could pay it and get on with life or pay it for somebody else.

    I have made the best of a bad situation and feel happy enough with that. :D

    As you say yourself you bought at the cheapest possible time in more recent times and it only took a few months to get the required deposit together.

    I'm not going to labour the point but if you think that's a bad situation you must be a glass half empty kind of guy.
  • wotsthat wrote: »
    As you say yourself you bought at the cheapest possible time in more recent times and it only took a few months to get the required deposit together.

    Considering he was 28K in debt 3 years ago, that's quite a feat, yes.

    https://forums.moneysavingexpert.com/discussion/comment/19104053#Comment_19104053
    To sum this up I am now left with debts as follows:
    £23k on credit cards
    £3k left on loans
    £2k overdraft
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Considering he was 28K in debt 3 years ago, that's quite a feat, yes.

    https://forums.moneysavingexpert.com/discussion/comment/19104053#Comment_19104053

    It is highly impressive, shows a good wage, no iphone, no holidays and no beer money can get you a long way.

    I wasn't easy but we got there.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • Percy1983 wrote: »
    It is highly impressive, shows a good wage, no iphone, no holidays and no beer money can get you a long way.

    I wasn't easy but we got there.

    Very impressive. Can we conclude it's not that hard for current FTB's to get on the ladder then? I seem to read plenty of posts from you saying it's so much harder nowadays, but you are living proof of the opposite.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Percy1983 wrote: »
    It is highly impressive, shows a good wage, no iphone, no holidays and no beer money can get you a long way.

    You were £28k in debt and didn't spend any of that on mobile phones, holidays or beer money?

    What did you do - waste it?
  • lippy1923
    lippy1923 Posts: 1,374 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 6 July 2012 at 11:27AM
    this will totally disgust you... me and other half have 2 mobiles phones each-this includes 2 iphones ;)

    Did I expect to have my home given to me? No. My parents never raised me to be like you describe. Guess what! We are saving for our wedding now. Should I not bother and expect this to be given to me?

    Prehaps you are just jealous that you cannot afford to have an iphone, ipad, new car etc. Or maybe you just don't have any friends to go out with and feel left out? Or maybe you are just to old to understand or be capable to use this latest technology so you take it out on the young?
    Total Mortgage OP £61,000
    Outstanding Mortgage £27,971
    Emergency Fund £62,100
    I AM NOW MORTGAGE NEUTRAL!!!! <<Sep-20>>

  • Well down lippy1923 - you are proof of hard work and not moaning and just getting on with it - the yoof should take note (not the successes like above but the moaners)
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