Stick or twist?

Hater said:
Entitled and all to go along with it.



Gee, I wonder why the stigma exists?
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Glad to see you’ve glossed over all the issues raised and just gone for the entitled label. Yeah I have this massive entitlement complex by spending 3 of my 16 hours a day commuting on top of the 8.5 hours I spend at work to save for a house at a reasonable pace and while doing it get ridiculed for still living at home, what would you prefer? I **** away £700 on rent a month, no ty. Not very many people did that 20 years ago and they could still afford a 3 bed semi detached with a big garden by 25. But hey I’m just an entitled millennial who doesn’t work hard and got life on a silver plate.

I actually think people viewing houses as items to make vast sums of money on rather than, you know, places for people to live are rather entitled.

Deliberating over whether it would be more cost effective to run a diesel for 25k mile a year commute is incredibly dumb though.

Keep going it’s quite fun.
 
Rroff said:
Wait did someone say entitled for wanting to own a house or did I read that wrong?
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That's how I read it. Haters gonna hate. Literally.

Same boat as you Mason, don’t know how Colchester is but Cambridge is a rip off. Best I'm looking at getting for my savings is 25% of a property.

Back on topic, Civic ride quality isn't great. Not hot on the diesel versions, however when researching myself I read that the gearbox/ clutch can have issues.

In this situation, seems like better the devil you know.
 
I'm just at the other end of the process to you Mason, I lived at home for a while then moved into a house share when I switched jobs and moved up to a job near Huntingdon. I bought my first place in May of this year. I also had ideas of switching cars (I also have a 1.4 mito! the 155tb) but it was a silly idea. As is often said on motors it's often better the devil you know and unless you're making a big downgrade switching car to save money rarely ever works that way. It's all about priorities mate, it's nice to think of a new car I'm sure most of motors does it but in your situation you just really need to put up with it for now, get on the property ladder then worry about cars after. Though just to ruin that dream you then end up spending all your money on furniture and tools and other rubbish..........sorry you'll never have a nice car :p

If this is about also trying to save a bit of money then I'd have a look at other areas of your life to make savings. I used to spend loads on food per month without realising it, managed to cut that down massively by packing my own lunch etc. and cut down on the fast food. So might be worth looking at other areas if you're not saving as fast as you'd like, it's amazing how easy it is to throw money away.
 
skippy2421 said:
I'm just at the other end of the process to you Mason, I lived at home for a while then moved into a house share when I switched jobs and moved up to a job near Huntingdon. I bought my first place in May of this year. I also had ideas of switching cars (I also have a 1.4 mito! the 155tb) but it was a silly idea. As is often said on motors it's often better the devil you know and unless you're making a big downgrade switching car to save money rarely ever works that way. It's all about priorities mate, it's nice to think of a new car I'm sure most of motors does it but in your situation you just really need to put up with it for now, get on the property ladder then worry about cars after. Though just to ruin that dream you then end up spending all your money on furniture and tools and other rubbish..........sorry you'll never have a nice car :p

If this is about also trying to save a bit of money then I'd have a look at other areas of your life to make savings. I used to spend loads on food per month without realising it, managed to cut that down massively by packing my own lunch etc. and cut down on the fast food. So might be worth looking at other areas if you're not saving as fast as you'd like, it's amazing how easy it is to throw money away.
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I'm saving fast enough. Over £1300 a month. I've maxed out my LISA until next August. Got a regular saver with HSBC set up with 5% on it, although you can only put £250 max a month. The rest I stick in just standard savings.
 
Hater said:
Entitled and all to go along with it.



Gee, I wonder why the stigma exists?
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Well said. I'm sick of these disgusting, entitled peasants thinking they deserve to own a home.
They should pay the mortgage on my sixth property and be happy for the privilege.
 
When the last generation told us they'd 'give us something to cry about!' I wasn't expecting rampant house prices, increasing prices for every day goods and services when wages are, in real terms, falling and then forcing Brexit on us when we're the ones that will feel most of the impact.
 
Mason- said:
So, back to you saying I STILL live at home like that’s deplorable. You’re damn right I am because I’m not going to ***** away a large portion of my take home to someone who already has at least 2 properties.
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Defending yourself by attacking those who choose to rent doesn't really do you any favours.
 
TheVoice said:
Defending yourself by attacking those who choose to rent doesn't really do you any favours.
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Care to elaborate? I don't really get your point.

I rented on my own at my first job which was down in Medway in Kent, I had my own place which was a small 1 bed flat. It was £700 a month and close to 50% of my take home at the time. I then went into a house share for the second year and it was cheaper and I saved a bit faster then. Got a job up in Cambridge, it's within commuting distance from home so I asked to move back home and it's not an issue. If it ever were I'd move out.

People attempting to ridicule other people who 'dare to STILL' be living at home at 24 are defenceless. I don't really need to defend myself.

Like I said, my dad left school at 15 (no o-levels) got a job down his local manufacturing company operating machinery and was able to afford a house by 21 whilst paying his mother rent. It's practically impossible to do that now.
 
Mason- said:
Care to elaborate? I don't really get your point.
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The point is people's circumstances are different, as you've demonstrated yourself. Renting isn't necessarily "******* away half your salary" if it's what you're happy doing, just as living at home isn't weird or sad if it fits with your longer-term goals.
 
TheVoice said:
The point is people's circumstances are different, as you've demonstrated yourself. Renting isn't necessarily "******* away half your salary" if it's what you're happy doing, just as living at home isn't weird or sad if it fits with your longer-term goals.
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I don't care if people want to do that. All I was doing was defending the fact that living at home for longer is much more commonplace now because hosue prices are ridiculous. This is pretty much a fact. He was attempting to belittle me by implying that staying at home at 24 was something deplorable. I thought this was quite evident.
 
Mason- said:
I don't care if people want to do that. All I was doing was defending the fact that living at home for longer is much more commonplace now because hosue prices are ridiculous. This is pretty much a fact. He was attempting to belittle me by implying that staying at home at 24 was something deplorable. I thought this was quite evident.
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Indeed, and rent is also expensive because of house prices, yet you were quite happy to make out that those who choose to rent are throwing their money away.
 
TheVoice said:
Indeed, and rent is also expensive because of house prices, yet you were quite happy to make out that those who choose to rent are throwing their money away.
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They are? Why would you ever choose to rent over owning a property. Especially when interest rates are this low?

The only reason to do it is if you have to hop all over the country regularly or are there temporarily.

If circumstance allowed it's always better to be paying a mortgage than it is to rent. Am I missing something here?

And also I still don't see how any of what you said discredits the point I was making that it's perfectly acceptable to still be living at home at 24.
 
renting vs buying, both have ups and downs :)

I doubt you'll get something newer but for that mileage and time i'd be looking at something comfortable and economical, i'd probably trade in the car, add £1k max and look for an older vw bluemotion polo or golf, easily comfortable for that commute, Something like this would get you 50-75 mpg, £30 a year road tax and you could probably do a straight swap for yours. Yes, it's older and has double the mileage but they are solid motors and although small, quite comfortable and i am a bigger bloke.

I've just bought a mk5 golf gti as I wanted something not to bad on the mpg and still fun to drive, I actually looked at the i30 and i40 as sensible commuting cars
 
I'm renting at the moment and am getting a very good deal from my private landlord. However I'm only on around £22.5k a year and live alone. Considering any mortgage provider would insist on a ten percent deposit I'm looking at saving £10k, impossible in my current situation.
 
MissChief said:
I'm renting at the moment and am getting a very good deal from my private landlord. However I'm only on around £22.5k a year and live alone. Considering any mortgage provider would insist on a ten percent deposit I'm looking at saving £10k, impossible in my current situation.
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It's tough! I sympathise.

AHarvey said:
renting vs buying, both have ups and downs :)

I doubt you'll get something newer but for that mileage and time i'd be looking at something comfortable and economical, i'd probably trade in the car, add £1k max and look for an older vw bluemotion polo or golf, easily comfortable for that commute, Something like this would get you 50-75 mpg, £30 a year road tax and you could probably do a straight swap for yours. Yes, it's older and has double the mileage but they are solid motors and although small, quite comfortable and i am a bigger bloke.

I've just bought a mk5 golf gti as I wanted something not to bad on the mpg and still fun to drive, I actually looked at the i30 and i40 as sensible commuting cars
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I think I've decided on sticking with what I have, mainly because I know that my car is fine (at least for now). And while that polo might be solid for another 100k, it might die in 10k. I'll just run my car into the ground for now.

Sorry this post went as off topic as it did.
 
Mason- said:
Glad to see you’ve glossed over all the issues raised and just gone for the entitled label. Yeah I have this massive entitlement complex by spending 3 of my 16 hours a day commuting on top of the 8.5 hours I spend at work to save for a house at a reasonable pace and while doing it get ridiculed for still living at home, what would you prefer? I **** away £700 on rent a month, no ty. Not very many people did that 20 years ago and they could still afford a 3 bed semi detached with a big garden by 25. But hey I’m just an entitled millennial who doesn’t work hard and got life on a silver plate.

I actually think people viewing houses as items to make vast sums of money on rather than, you know, places for people to live are rather entitled.

Deliberating over whether it would be more cost effective to run a diesel for 25k mile a year commute is incredibly dumb though.

Keep going it’s quite fun.
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You didn't comprehend what I'm on about.

You're trying to save for a house - by spending money on a car you don't need, stating that you need it because a 10 year old car is too "uncomfortable" for you

That's entitled, getting bent out of shape because I've pointed out that you don't need a new car, and that buying a new car is the ** nope ** possible way to save for a house.

Once you own your house, you open many ways to save money on that brand new car you think you need.
 
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Hater said:
You're trying to save for a house - by spending money on a car you don't need, stating that you need it because a 10 year old car is too "uncomfortable" for you.
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He isn't saying that though, as is evidenced by the fact he's now decided to stick with his current car. He was just asking for opinions as he just said that comfier would be nice, not that he has to change car for that reason.

Personally I think that's the right thing to do. If your current car is doing the job then it makes sense to just drive it into the ground in this case. Spending money to save money isn't going to pay off in this situation. I'm in a similar boat myself - my car's getting on a bit and is nearing the 160k mile mark (I do 30k+ a year) but I'm just going to drive it until it throws up an expensive bill. I'd like something newer and with a nicer interior, but while it's worth next to sod all and while it's still working fine, I'll make the most of it.
 
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