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Saving all extra income or half extra income ?

1 reply

Quirkyme · 08/01/2022 00:02

Heya,

When saving towards buying a house (on your own) did you save aggressively or more fixed amounts steadily?

I receive extra income in addition to my main professional role and I'm reviewing my finances and wondering whether to save all extra income I receive and put it all towards saving to buy or half all extra income... all will be in addition to the amount that goes automatically from my wages to my savings each month...

With it being the New Year and a few weeks before I'm payday , I would like to start as I mean to go on after slacking slightly the last year due to personal reasons

Thought it might be useful to hear how others did it, or are saving towards buying now

OP posts:
Totalwasteofpaper · 08/01/2022 00:04

Save it all.

I was relentless and aggressive in my pursuit of a deposit.

I saved the incremental on 3 pay rises and didn't "upgrade my lifestyle" for 3 years. Totally worth it.

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