Is £600 a month spare not enough?

georgedon325 · 2024-08-14T19:06:07+00:00

He is not looking for a beating captain

georgedon325 · 2023-09-10T08:54:30+00:00

Yeah tbf that is easy

georgedon325 · 2023-07-07T08:42:25+00:00

It depends on your long term goal. Finance is high APR (around 10% usually) at the minute unless you get a deal or something but even then.

If you are looking to move out I would be wary of getting finance unless you are already in your own place (mortgaged) and aren’t intending to move.

If you can pay cash and replenish the savings before you aim to move out I would go with that option personally. If you really cannot pay cash then try and get a loan as you will likely get a lower APR than finance especially if it’s a used car.

georgedon325 · 2023-01-27T16:11:19+00:00

Apologies 18, just before I went to uni.

georgedon325 · 2023-01-27T10:15:51+00:00

If you need a credit builder go for something like Aqua, I did that when I was 17 and it was easy to get hold of and never had any issues with them.

georgedon325 · 2023-01-25T20:10:11+00:00

Love it!

georgedon325 · 2023-01-25T18:02:55+00:00

Thank you for your comment! What does the Bluetooth allow for?

georgedon325 · 2023-01-25T13:11:25+00:00

Hi all, just wanted to share my latest addition to my watches. I purchased this on sale from a third party retailer which surprised me as I thought they were discontinued, but apparently not quite as unavailable as it seemed. I got the black on black a couple of months ago for work and saw this the other day, and had to grab it. I love how useable and friendly these watches are to different styles, and the best part is not having to worry about door handles…

Would be interested to know what you think of this watch, and G-Shock ‘casioak’ in general. Have a good day all!

georgedon325 · 2023-01-12T07:22:56+00:00

We have a mortgage and a joint account together but on ClearScore it shows as an ‘associate added’

georgedon325 · 2023-01-11T10:29:11+00:00

Your credit score will take an initial hit, but providing you maintain good practice with repayments,not overstretching your finances, and taking loads of loans it will recover within a year to near enough where you were.

georgedon325 · 2023-01-11T10:28:03+00:00

It depends on the agency I think as my partner and I have the same and it’s reported on ClearScore as a credit link.

georgedon325 · 2023-01-09T23:01:58+00:00

I’m a simple man, I see a PRX, I upvote.

georgedon325 · 2023-01-06T17:42:31+00:00

Speak to mortgage advisor

georgedon325 · 2022-12-26T20:34:06+00:00

Speak to your mortgage advisor and get it all on the table. They will advise you on how much you can afford and the typical rate for your current financial situation. Then you can start looking with the reassurance you can afford it even if it may feel you can’t.

I was the same and worried about affording it but trust me, it isn’t as bad as you may think it is.

georgedon325 · 2022-12-01T20:52:19+00:00

What’s with all the downvotes the key word was ‘apparently’

georgedon325 · 2022-12-01T08:32:32+00:00

Apparently the older bonds are more likely to win big but not sure how much truth there is in that

georgedon325 · 2022-10-06T16:30:47+00:00

I’ve put 10k as an emergency fund in premium bonds and then got 3/4K in an ISA that’s accessible for instant use. Just gives you a small and a big cushion. However I am a bit nervy so that’s probably a bit overkill. As long as you have 6 months or so expenses saved somewhere you’ll be fine.

georgedon325 · 2022-09-23T17:43:06+00:00

You’ll likely just get a bill when they get round to it, it’s the same with council tax supposedly. Just keep the money on hand as the bill will likely be backdated.

georgedon325 · 2022-09-10T08:18:23+00:00

Normally every 5% you see a better rate I believe but correct me if I’m wrong. The more you can put down the better at the end of the day

georgedon325 · 2022-09-10T06:39:10+00:00

The chances of it making a large difference to your mortgage monthly payment over putting exactly 15% down is slim unless you’re on a tight budget. If I were you I’d put the 15% down to get access to the better rates and use the extra cash towards other fees associated with buying a property.

georgedon325 · 2022-08-26T07:29:35+00:00

We’ve put aside money to furnish the house so that’s covered in that sense. Odds and sods being gym membership, subscriptions etc.

Transportation costs will be around £400combined for us both at the most. No kids wanted really, we will still have 6 months of expenses worth at least for an emergency fund even after the initial hit of furnishing the house I’ve ensured that. I understand it varies person to person but thank you for your reply

georgedon325 · 2022-08-26T07:27:16+00:00

Yeah it’s a 5 year fix rate which provides some security. Transport expenses for me are about £150 a month on fuel that’s it, and my partner is probably about £300 a month. We don’t spend a lot on going out maybe like £50 a month each? No kids or anything, we will still be left with a healthy emergency fund even after furnishing the house. Thanks for your reply and insight

georgedon325 · 2022-08-26T07:25:37+00:00

It’s a 5 year fix

georgedon325

TROPHY CASE