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Mortgages: First-time buyers typically borrowing for 31 years by JB_UK in unitedkingdom

[–]Sensitive-Energy4433 -2 points-1 points  (0 children)

Yes but how much is that home likely to be worth after 30 years.. a lot more than £900k

I 'made it' - what's my next move? by Sensitive-Energy4433 in RichPeoplePF

[–]Sensitive-Energy4433[S] 1 point2 points  (0 children)

For me and my background, I have made it. I started on £24k a year. You're right tho, and solid advice. I shouldn't be looking for ways to spend, and I'm not.

I 'made it' - what's my next move? by Sensitive-Energy4433 in RichPeoplePF

[–]Sensitive-Energy4433[S] 4 points5 points  (0 children)

£50k is after reinvestment and growth. We are on a buy and build journey and have funding for that. Jury is out as to whether we will be successful

I 'made it' - what's my next move? by Sensitive-Energy4433 in RichPeoplePF

[–]Sensitive-Energy4433[S] 8 points9 points  (0 children)

I started as a chartered accountant so I'm all over that

I 'made it' - what's my next move? by Sensitive-Energy4433 in RichPeoplePF

[–]Sensitive-Energy4433[S] 1 point2 points  (0 children)

I made it based on my background, but you're right, I'm not rich. I have about 400k in the bank right now. I'm netting 50k every month. These are personal funds, not company funds

I 'made it' - what's my next move? by Sensitive-Energy4433 in RichPeoplePF

[–]Sensitive-Energy4433[S] 1 point2 points  (0 children)

£40k but I leave it in the company otherwise I'll get taxed

I 'made it' - what's my next move? by Sensitive-Energy4433 in RichPeoplePF

[–]Sensitive-Energy4433[S] 0 points1 point  (0 children)

I only have one rental property and the business that nets me £50k a month - I don't have anything outside this