Am I very wasteful with my money or is it the norm these days

IvanDobskey said:
Which has what to do with cakes?

Oh, you're trying to wind me up I guess :rolleyes:

For what reason, I'm not quite sure.

But whatever.
Click to expand...



Cakes = different thread.

I was merely pointing out that your inability to understand market fluctuations, inflation and the various other factors that could affect what percentage of your salary may need to be sacrificed in order to purchase a house could be down to a lack of education.

Or you're just stupid. You're not stupid though, are you? So there's only one other outcome.
 
Diddums said:
Cakes = different thread.

I was merely pointing out that your inability to understand market fluctuations, inflation and the various other factors that could affect what percentage of your salary may need to be sacrificed in order to purchase a house could be down to a lack of education.

Or you're just stupid. You're not stupid though, are you? So there's only one other outcome.
Click to expand...

Oh I'm definitely not stupid ;)

But I am bored now.
 
Scam said:
Did you ever tell us how long you saved up for your deposit @IvanDobskey? And at what percentage of your earnings per month?
Click to expand...

I honestly can't remember how long it took, but it was quite a while. Probably a few years at least. A fair chunk of my monthly earnings, but I could afford that as I was living with parents at the time. I set myself a goal of having my own place before I hit 30.

I managed just that and feel a sense of achievement because of it.

But if people want to mock me, I don't really care.
 
IvanDobskey said:
I honestly can't remember how long it took, but it was quite a while. Probably a few years at least. A fair chunk of my monthly earnings, but I could afford that as I was living with parents at the time. I set myself a goal of having my own place before I hit 30.

I managed just that and feel a sense of achievement because of it.

But if people want to mock me, I don't really care.
Click to expand...
Which isn't possible for a lot of people? Easy to save if you're living at home and buying 20 years ago :D
 
Diddums said:
Enough evidence to the contrary in this thread alone.
Click to expand...

I'm pretty confident that if I was on an equivalent salary to what I had in 2002, I could still buy a basic property.

Yes, I understand prices have gone up and that it is a bit more difficult.

But, with a lot of people, it comes down to priorities.

You can carry on calling me names though if you want.
 
Buy in bulk is the way, and stock up when stuff is cheap.

I often get looked at strangely when I pick up like 20 jars of coffee or 50 packs of micro rice haha

Costco is well worth a shout if you have one local too, my mate buys his sandwich stuff like ham and meat and freezes it, I never knew you could freeze the stuff haha

I take a big green milk into work at the start of the week so Im not paying 80p for a little 300ml bottle in the canteen
 
IvanDobskey said:
Why not? Should be possible for most people if they want to get on the property ladder badly enough.

Oh I give up, I'm just really lucky that I have my own little 2 bed semi....
Click to expand...
Because a lot of people may have to move away from parents for work/don't have family to rely on?

I managed to buy a house a couple years ago but to suggest it's not got more difficult is just plain incorrect.
 
The Craig said:
Because a lot of people may have to move away from parents for work/don't have family to rely on?

I managed to buy a house a couple years ago but to suggest it's not got more difficult is just plain incorrect.
Click to expand...

It's definitely more difficult, but not to the point that it's impossible.

If you want your own property enough and are prepared to make the sacrifices to do it, it is attainable.

Like I already said, priorities.
 
Jean-F said:
Far be it from me to dispute your post, but my first thought at reading £44k for a 3 bed in Rickmansworth was that must be a doozy of a typo, but I don’t know WHEN it was.
Click to expand...
Actually 2013, based on what Rightmove has listed.

Jean-F said:
did your parents sell in the sixties, or is there another Rickmansworth, an outlying suburb of West Hartlepool?
Click to expand...
Ricky is one of those places that everyone thinks is rich-person central, for some reason... I think because you have things like the Royal Masonic school, the mansions of Loudwater, and other big money things, including fairly affluent places like Chorleywood surrounding it. I imagine a 6-bed detatched at £3mil would somewhat skew the average price compared to a 2.5 bed ex-council house?

You also have a few suburbs and sub-suburbs like Mill End, where the house in question was. That was generally regarded as a scum-ridden dive, full of working class criminals with cars up on bricks out the front... and it was pretty accurate, to be fair!

Looking on Rightmove myself, it seems their house price/valuation soared up to £195k, dropped £115k, and is now back up to almost £300k!!
However, someone has done a lot of work inside, too - New kitchen, new fireplace, new staircase. Outside is about the same... fewer trees, but looks much cleaner, too. Can't see any bricked-up cars in the neighbours' front gardens, either.
 
Blackjack Davy said:
Even if you're buying sandwiches thats what, £2,£3,£4 a shot @ 5 days a week, that really adds up whereas a loaf of bread is a quid and that'll last all week. Make your own.
Click to expand...

this has got to be the best post I've ever read.

okay so Boots meal deal is £3.30. for that I get a drink normally coconut water which is expensive as in stupidly expensive. l buy the innocent one too which on it's own is like £2.50 or something stupid. a snack usually fridge raiders (i think around a quid a bag in asda) and a main which is either sushi with prawn and salmon or a sandwich with decent fillings like chicken and avocado, or a tripler with chicken, prawn and blt, etc. i get all that for £3.30. i don't see how boots make any money off it tbh. especially with their overheads and staff costs, etc.

lets say i have to now buy 5 healthy drinks for the week (no chemicals or artificial sweeteners) - easily £5. 5 snacks another £5. now the best bit. i now have like £6-£7 to make 5 sandwiches. bread - £1. leaving me £5 for a weeks worth of toppings. there is no way i'm getting chicken, prawn, avocado, etc as well as salad, mayo, butter, etc for £5 altogether. i would be lucky to get a pack of ham and a stick of butter for £5.

you could say drink water instead. i already do that at home and throughout the day at work. so the coconut water is a treat plus it's also an electrolyte which is well needed if you are drinking lots of water. the times i have brought my own food in (leftovers) i have felt the need to go out and spend at least £1-£2 just on a drink. as drinking just water all day every day is boring.

if anything the boots meal deal is incredible. it also means i don't need to eat the exact same thing everyday due to having to make or buy in bulk. having ham everyday would just get boring really quickly.

if i really wanted to i could go to tesco and buy a similar meal deal for £3 saving 10%. i don't because i prefer the quality of boots which i find to be better. although i do go to tesco when i get bored of boots and i have found they have upped their game a bit.

if you are spending £5+ per day on lunch then yeah you should maybe swap. however IMO spending £3 on a meal deal is probably the best way to do it. i think in tesco without the meal deal offer my total was £7 odd, then it went down to £3 with the deal.

i don't see how anyone can beat it by making sandwiches at home. get rid of the drink and the snack then yeah it might just be possible. to lose both to save what £2 a week just doesn't make any sense.
 
My approach towards life is to pick a quality of life and maintain it. I achieve this by earning more money, not lowering my standard of living. Obviously if the poopoo hits the fanfan I'll have to adapt but I'll go down fighting. None of this drink water rubbish. Caviar, champagne and save up for a house.

And yes, I worked my arse off to be able to say this. You got any idea what it's like unblocking toilets in a prison? I do. Hence my nice lifestyle now. I've done my time at the bottom of the pool.
 
IvanDobskey said:
It's definitely more difficult, but not to the point that it's impossible.

If you want your own property enough and are prepared to make the sacrifices to do it, it is attainable.

Like I already said, priorities.
Click to expand...

I agree, but it's not on minimum wages (even sometimes average wage of 24k) in the south /londonq
 
ttaskmaster said:
Actually 2013, based on what Rightmove has listed.


Ricky is one of those places that everyone thinks is rich-person central, for some reason... I think because you have things like the Royal Masonic school, the mansions of Loudwater, and other big money things, including fairly affluent places like Chorleywood surrounding it. I imagine a 6-bed detatched at £3mil would somewhat skew the average price compared to a 2.5 bed ex-council house?

You also have a few suburbs and sub-suburbs like Mill End, where the house in question was. That was generally regarded as a scum-ridden dive, full of working class criminals with cars up on bricks out the front... and it was pretty accurate, to be fair!

Looking on Rightmove myself, it seems their house price/valuation soared up to £195k, dropped £115k, and is now back up to almost £300k!!
However, someone has done a lot of work inside, too - New kitchen, new fireplace, new staircase. Outside is about the same... fewer trees, but looks much cleaner, too. Can't see any bricked-up cars in the neighbours' front gardens, either.
Click to expand...

Thanks for the follow up, I don’t think I ever saw Rickmansworth as “rich man central” but I did think that it was a desirable, affluent, and coveted area, I certainly had difficulty equating the area with a 3 bed house at £44k., and I had no idea that there were chav areas like you describe.
£300k doesn’t seem so bad, when there is a 2 bed in my street up for £695,000, but there again it is 90 metres from the Thames, two stops on the Jubilee Line to Canary Wharf, and if you feel energetic a 35-40 minute walk to Bishopsgate.
 
You must log in or register to reply here.
Back
Top Bottom