Thanks Mary&Mat - some good ideas in there.
I recently trimmed budget about as lean as I could since we recently added a new baby. Short of a new job not sure I can do much saving I can do.
I think I might have been living in a fantasy world whereby I thought......
a) My income might allow...
Rob, I didnt think that was much of an income; especially considering Im the only one contributing to the household debt ;-)
After outgoings like Rent ($1630 pcm), food, daycare fees , insurance and running a car theres not much left at the end of the day.
My income is $100,000, my wife is on maternity leave and unlikely to start bringing in an income for another 12-18 months.
Downsizing our rental (to save money) is not an option right now as we really need the 3 bedrooms as a minimum.
With no property /equity / security I wonder if I'm...
Here’s my situation - do we have any options to own a home?
Our current situation is as follows, we were saving for a reasonable deposit on a home when the GFC struck and we lost our savings…and the chance to get into the property market. We’re currently renting a 3 bedroom townhouse in...