Looking for advice or an explanation of some sort!
Me and my DP both earn a good wage and have no kids.
We both drive very old cars and just bought our forever house (doer upper) very cheaply due to the works.
I have 0 debt . We never get anything on credit/finance we just save up for everything.
Although our monthly outgoings are low and we have spare money to save and spend, I don't understand our quality of life compared to others.
So we need a new bathroom first in our renovations which will cost about 4K all inc. We would both like newish second hand cars too at some point. To get something reliable and decent your talking about 7k each.
A new kitchen would be 10K with discount including fitting.
That there alone is 28K
As we pay for everything in cash as we save, I just don't see how its possible to get those things in under a decade of us saving!
A lot of our friends drive nice cars (on finance), have new kitchens or other refurbs done on their house with average incomes.
Even if you were to put everything on credit, after your repayments on top of bills and mortgage you'd have no disposable income left for years until its paid off?
I would get that people did do that, but most people still go on holidays, take maternity leaves etc. So they must still also have disposable income after paying off new car finance, credit card, and doing home renovations?
I feel like maybe we're missing a trick?
I can't imagine every single person I know is in huge debt! Especially as a lot of people have recently bought new homes due to stamp duty. So must have good credit.
I just don't see how its possible for us to do what we want to do within a reasonable time frame without it taking us a decade whilst we also live frugally.
The everyday people we know also have average jobs and income so its not like were surrounded by wealthy people either!
Am I missing something?!
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How do people afford nice things?
338 replies
Nocares · 27/02/2021 18:52
OP posts:
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