This is intended to be a bit of a "How did you do it" and "What would you do in our shoes" type of thread...
My girlfriend and I are currently saving for our first home together. We're doing everything we can to cut back to absolutely maximize our savings. We're living as frugally as we can without going insane; I can't remember the last time we went for a meal out, or to the cinema
.
Anyway... We both earn reasonable wages, are in our mid-20's, rent a flat, and run 2 cars just to give you perspective of our situation.
My "dilemma" is that although we're saving as hard and fast as we can and have been for months, we're still only 63% towards our target amount for deposit and fee's (I have a spreadsheet
). We're looking at a minimum of 5 months if jobs go exactly as we hope they do, and a maximum of 8 months if they don't.
Now, we've had a parent offer us the remaining 37% we need as a gift, which is incredibly generous of them. However, we both feel as though we should be doing it on our own, but the temptation of being able to get on with it right now is very strong.
The temptation is made even stronger by the fact that our landlord / letting agent are trying to get us to sign into a new 12 month contract to accept responsibility for all white goods and an increase in rent following a rent review. All of this came off the back of them trying to blackmail us into signing the new contract by not replacing a broken fridge freezer, which is their responsibility under the current contract. I argued this, and we have now received a new fridge freezer and are awaiting the outcome of the rent review.
What would you do / How did you do it?
My girlfriend and I are currently saving for our first home together. We're doing everything we can to cut back to absolutely maximize our savings. We're living as frugally as we can without going insane; I can't remember the last time we went for a meal out, or to the cinema
.Anyway... We both earn reasonable wages, are in our mid-20's, rent a flat, and run 2 cars just to give you perspective of our situation.
My "dilemma" is that although we're saving as hard and fast as we can and have been for months, we're still only 63% towards our target amount for deposit and fee's (I have a spreadsheet
). We're looking at a minimum of 5 months if jobs go exactly as we hope they do, and a maximum of 8 months if they don't.Now, we've had a parent offer us the remaining 37% we need as a gift, which is incredibly generous of them. However, we both feel as though we should be doing it on our own, but the temptation of being able to get on with it right now is very strong.
The temptation is made even stronger by the fact that our landlord / letting agent are trying to get us to sign into a new 12 month contract to accept responsibility for all white goods and an increase in rent following a rent review. All of this came off the back of them trying to blackmail us into signing the new contract by not replacing a broken fridge freezer, which is their responsibility under the current contract. I argued this, and we have now received a new fridge freezer and are awaiting the outcome of the rent review.
What would you do / How did you do it?
![[DOD]Asprilla](/styles/overclockers/avatars/8.png){kind=avatar}
