Fully agree… though carrying long term debt into the years that your kids will be hitting 3rd level education is looking for stress down the road.
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I’m banking on some sort of student loan scheme coming in that pushes the burden back on the children
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Spend spend spend
In the lucky position of just having a small mortgage to pay off. No credit card debt. Got stung years ago and learned my lesson. The introduction of the laser card was a lifesaving game changer.
The money people spend on cars is hilarious.
Fellas driving 50k cars on salaries of 50-60k. A five series will cost 30k to upgrade after 3 years. A passat 15-20k.
Keep a mortgage term to less than 20 years if possible.
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What? Do you not want people to look and admire you when you sit in traffic?
What about that confident feeling of achievement when you sit in get that new car smell?
You’re missing out pal.
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15-20K for the Passat and it easily doubles as a calf transporter as well.
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My old man was always quite scabby when it came to giving out money for pocket money type things. Even when I was a pauper chasing little invoices from solicitors I was paying good rent at home to my parents despite them not needing it at all. When I figured out after 6 months that this wasn’t a situation where I would be getting this money back for a house deposit eventually I was out the door. I had to be smart enough with my money as I had it when I started out earning my way.
He always said he wouldn’t fund my drinking which is fair enough really. He spent a fortune on more important stuff growing up. Part time jobs in college were the norm.
He is one of those 50+ pricks gouging young people on rent and enjoying multiple holidays a year in his retirement.
I always thought he should have been an accountant with his attitude but seeing the attitude of some of the accountants on here. 
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Not really, no.
One lad there lately explaining the tribulations around financing 30k to bring up his 2012 Audi a few years.
Still, he’s complete now.
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That man is a hero Tim
Ah yeah fair play to him really, teaches you a bit about the value of money early on.
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The inheritance will help*
*not anytime soon please god
Anyone else read these articles? This one surely a piss take 
What makes you think that?
50k Salary would have you on €3066 net pay a month.
I am saving to buy a house and normally put aside €1,800-2,000 a month depending on unplanned expenses, but since lockdown has begun almost all my monthly salary goes into savings.
Says his rent is 685 a month.
3066 less 2685(2k +685) is €381
Take away the other bills then away from that and you wouldn’t have much left.
€120 a month of groceries seems very low also.
Also said work gave him a lump sum to get setup for
lockdown.
Since the outbreak, I have been working from home. Work sorted us out with a home set-up and a lump sum to help with expenses of being home, such as food and bills, so I have had no additional expenses on that front.
I’m assuming this guy works for Google or Facebook.
Food at work is free there. So since lockdown, workers had basically complained that they’re not getting one of the benefits they were promised. Hence the lump sum.
Kudos to them for getting that job. Very competitive industry, those multinationals cast the net far and wide for talent.
I’ve a friend in Facebook. They pay for pretty much everything bar your rent. Don’t think the actual salary is great though.
Fucking mugs and fucking disgusting bastards preying on said mugs. Vermin.