I did buy the house after three years of saving my deposit. Now that wasted money is going into an asset instead of a landlords pocket.
Honestly don't know why anyone would actively choose renting. My mortgage is £400 odd per month, renting the same size property in the same area is nearly £600, and at the end of 20 years I actually have something to show for it....
Great article man, and agreed its all about making small changes and choosing precisely what your money is used for.
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I don't get it myself but some people either can't do or don't want to do it. If i was paying rent on my current house it would be 1200 per month but a mortgage is 800 and i will be able to sell it at any time.
I know that a lot of my friends put more money into disposable things rather than lasting items like investments or houses but they will be in the same place ten years form now. Living paycheck to paycheck as they haven't any other forms of income coming in. Just constant bills.
Small changes now will pay off long term.