Originally Posted by M Brian
sorry fellas hit the bottle bit early tonight so thoughts int going to keyboard quite properly.
i just meant that your only savings have come from an inheritance or you have more put aside? if not why not so to speak?
do you have anything to show for it? or bought anything interesting that you can account for where it went?
just things like this require quite alot of plannning ahead and if you haven't really thought of them already (i.e. by age of 24) then it will probably delay things for you quite a bit.
I aint money grabbing at all, everything I have is mine and paid for by me without anyhandouts...and im happy with how i've lived so far, saving what I can and squandering the rest.
understand living near london is a biatch for the prices of houses etc but is it any huge difference in terms of normal cost of living?
roybacer - to take home 1400 if you pay tax then thats more like equivalent of 23k.. which would give you a little spare. you are thinking right ahead but where abouts in the country do you live and what kind of property do you live in now?
No, the inheritance I have is not my only savings - I save what I can when and where I can.
But yes, the average cost of living IS higher being in London than far away from it - transport (public and private - my insurance is a fair higher here than it wouild be if I lived in Yorkshire for example), and belive it or not, stuff in shops is generally more expensive closer to London too - studies show that an average family shop can cost anything up to 20% in the same supermarket at different locations in the country...
But all that aside, I have never earned a lot of money in any job I have worked in, which doesn't generate a lot of money left over for saving, and then messing about with cars that cost £1/2/3k each and the insurance (when I was 18 it cost me nearly £1300 to insure an XR3i FFS! Try that with a couple of S1 RST's), and generally enjoying my life. Sure if I earned twice what I do/did then I could do all that and save enough money not to mess around now with house prices etc - but lifes a bitch right?
I'm so pleased for you that you were able to save what you did and sorted yourself out - but not everyon's life is the same.
One thing that is the same tho, is I don't take handouts either - I don't do loans, or take benefits - what I have is what I have paid for, and I don't pay for it unless I have the money there TO pay for it. Even when unemployed a few years ago I wouldn't take the poxy government unemployment benefit...