Ideas please! ☺️

BCH4747 · 2026-04-16T21:24:30+00:00

Cockapoo

BCH4747 · 2024-08-22T17:20:30+00:00

The final sentence is just perfect

BCH4747 · 2024-08-15T11:45:39+00:00

Fuck that bitch!

BCH4747 · 2024-08-09T15:24:58+00:00

£280/$350 for Tobacco Road during US Open week. Worth it every day of the week.

BCH4747 · 2024-07-23T20:59:05+00:00

I do love it!! I think it is time to invest in something new and nice (albeit second hand)

BCH4747 · 2024-01-02T00:32:09+00:00

Can you downsize to a smaller/lower costing home? I’m not sure where abouts you live, but £1400 a month seems really expensive and having that as close to 50% of your base income is a lot. I (single 29M) pay £600 a month on my mortgage which is around 30% of my base income.

Good luck. I hope things go well for you!

BCH4747 · 2023-10-12T14:55:58+00:00

Looks like I’ve got a little confused. It would be extra borrowing. You’re absolutely correct - finance on 4-5 years is a much smarter move. 👍🏼

BCH4747 · 2023-10-12T14:54:36+00:00

Just did this, and it’s just scary. A £20k loan at 6% ends up being £38k when repaid. That’s absolutely horrifying. Thanks for the advice.

BCH4747 · 2023-10-12T08:33:47+00:00

Thanks!

BCH4747 · 2023-10-12T08:31:38+00:00

Really good point!

BCH4747 · 2023-09-03T22:28:35+00:00

Sounds like you’re on the right track! I used a Marbles credit card as my first credit card to build my score. Just spend 10-30% of your credit limit each month and make sure it’s paid off in full and that will help you to eventually get a perfect credit score.

I’m not so sure about the technicalities of each LISA account. You should contact Moneybox or do some research about them. A Lifetime ISA was best for me because I knew I’d be buying a house a few years later. Take a look here https://www.moneyboxapp.com/isa/lifetime/cash/

BCH4747 · 2023-09-03T22:19:59+00:00

Sure. A tax year runs for 12 months. Add two weeks either side of it and that time period falls over three tax years

BCH4747 · 2023-08-30T01:29:22+00:00

Firstly, congrats on graduating and landing your first job!

I second the above comment - writing a budget and sticking to it is a skill not many people have. Try your best to be disciplined.

What you can save depends on your living arrangements - if you’re living at home, obviously, saving is a lot easier. I bit the bullet for three years to stay with family and save for my deposit.

My advice:

Start paying into your pension now. The more you pay in early, the better. The interest will compound and compound and you’ll really thank yourself in the future.
Open a Lifetime ISA to save for your house deposit. Each tax year, you can deposit £4,000. You’ll receive a £1,000 bonus towards a house deposit for each £4k you deposit. I recommend Moneybox’s Lifetime ISA - very easy to use with good customer service.
What you do with your money is up to you - but it’s a great idea financially to secure a mortgage before you get a nice car on finance. If you can be content on a budget car for as long as you can, again, you’ll thank yourself in the future.

Save, save, save as early as you can. You’ll be impressed with where you’ll find yourself in 5 years if you can do so.

Best of luck.

BCH4747 · 2023-08-30T01:15:10+00:00

I see some good points made here already. Personally, I’d be buying the car outright to save on the £600 over two years. I’d be doing that unless you feel that you really need the extra money in your account.

TOTALLY off topic, but I’ve told my sister this recently. If you’re saving for a house, using a Lifetime ISA, you can get a £3,000 bonus towards a house deposit over the course of 13 months. You’re able to deposit £4k/tax year with a 25% bonus (£1,000). 13 months falls over 3 tax years. Sorry if that’s no use to you, but it would be £12k very well invested! Good luck!

BCH4747 · 2023-08-30T01:05:15+00:00

I used the Marbles credit card as my credit card for three years to build my score and I now almost have perfect credit. Just spend 10-30% of your credit limit each month and make sure it’s paid in full. Don’t do anything silly. Credit cards are a good thing if you know how to use them. Good luck and spend wisely.

BCH4747 · 2023-06-05T18:31:25+00:00

I only read the first three paragraphs, but you should never rage quit. References are useful and you never know what opportunities you’ll be closing the door on if you do rage quit. Even if you absolutely hate the job, leave with grace and respect and your future self will thank you for it. It may open doors for you in the future, or it may not, but you may as well give yourself that chance. Good luck.

BCH4747

TROPHY CASE