Recenlty I made a post here about a debt issue that I thought I had and a lot of incredibly helpful people basically told me I was being silly over silly amounts of money. Which they were right. I have been able to bring my £1.7k worth of debt down to about £900 and this will be paid off in the next month or so.
So now my next question is: How do I actually save for a house?
I have a LISA which I do contribute to, but not as much as its money that’s then locked away until I decide to buy a house. I no longer have a savings as I used my savings to pay off the debt.
Here’s a quick idea of the money I have:
I earn £16,000 a year before tax. I pay about £450 a month in outgoings like rent, car repayments, phone etc. I no longer have direct debits for credit cards as they’re mostly paid up now, aside from one.
Me and my partner are really eager to settle down now, so we want to start saving before it’s too late. What ideas or saving tips have you guys got that work?