Mid 30s renting

[skyblue27]

Are there any people here in their 30s and still renting? Seems like everyone on this site owns

We are trying to buy but my hubby has always been useless with money and I wanted to have a baby first as I was getting on. So we chose to do that and now rent. We do save but there's always stuff for it to be spent on so seems like forever before we will get our own place

Anyone?

I'm almost 31 and still rent, no plans to buy in the near future

Its tough, i remember my mother saying that years ago when she was renting with my father.. she wanted to buy somewhere, my father told her it wouldnt be possible, too much money to save.. so she secretly saved..without telling him, she drew a picture of a house.. and drew the bricks inside the house.. worked out how many she needed.. every brick was worth an amount.. as she saved she coloured in the bricks.. until she coloured them all and had enough for the deposit she needed, she was determined and decided she was going to do it, they bought a house.. will power and planning.. i think it is possible, dont give up if it is your dream. youtube has good saving tips too

I was a FTB at 41...and that was only because I had to consider school catchment for DS...but for that I'd probably still be renting.

no-one is 'useless with money'. Assuming he isn't a gambling addict, he just can't be bothered to grow up.

you have a dependent and need a plan - wills, pensions, guardian if the worst happens (hope not) and so on.

We (30&36) rent and plenty of my friends have only just started to buy small little starter apartments. They wouldn't be able to have kids there either. I think it's quite normal!

Where do you live, OP? Took us to 36 y/o to buy a flat in the south east after years of saving. If you live in an expensive area you really need to start saving as early as possible and yes make some sacrifices/ try and up your wages. Have you made a list of all joint incomings and outgoings to see what you could put away pcm? you might be surprised. The 'pay yourself first' method is good - we transferred out savings over on pay day every month so we didn't touch it.

Could you move somewhere cheaper to save if you're spending a lot on rent? We initially had a car each - one on finance - so got rid of that and the 250pcm went into savings too.

I'm from the north east and most of my friends there bought in their 20s as they only needed small deposits due to property prices and had a lot more disposable income to save after paying rent. It took me 10 years longer.

Also worth noting that the older you are when you take out a mortgage the more expensive the repayments will be as it's a shorter term.

I'd be a bit worried that your husband isn't worried about saving for the future - does he even have a pension? what about DC ui fees etc if that's what they chose to do?

Half of all 25 - 34 year olds rent their homes.

I am 34 and lucky to be a home owner, but many of my friends of a similar age are renting, or have only just bought their first homes. It is not especially unusual. If I hadn't met DH (who had a deposit for various reasons) I certainly would have struggled to be a home owner by now.

You should prioritise saving though - being useless with money is something your DH needs to grow out of asap and you need a plan of how much you are going to save and what you are saving for.