Okay ol' (SS) timers now's your time to shine!!!
In a heated property market (particular for Melbournians) what advice can you offer to the newbies who may be feeling that their ship has sailed, and the chances for buying into the market is now nothing more than a distant memory???
From me, I can only think of three words.....
SAVE, SAVE, SAVE!!!!
Probably more now than you ever have; I mean REALLY pull the reigns in on that unnecessary spending; cut out the iced frappe, latte or hot chocolate with your daily egg-bacon muffin, go out to dinner one night a week less and shop at Target/KMart/BigW once in a while!!
What's the point I hear you ask??? You probably won't be able to buy in this market!! So??? Maybe not, but things will settle down again, and just think about how much you can have stashed away if you really get hooked on habit of saving....heck by the time the property bubble has burst you might actually be able to put your hand up at an auction to bid rather than to scratch your head in amazement!!
In a heated property market (particular for Melbournians) what advice can you offer to the newbies who may be feeling that their ship has sailed, and the chances for buying into the market is now nothing more than a distant memory???
From me, I can only think of three words.....
SAVE, SAVE, SAVE!!!!
Probably more now than you ever have; I mean REALLY pull the reigns in on that unnecessary spending; cut out the iced frappe, latte or hot chocolate with your daily egg-bacon muffin, go out to dinner one night a week less and shop at Target/KMart/BigW once in a while!!
What's the point I hear you ask??? You probably won't be able to buy in this market!! So??? Maybe not, but things will settle down again, and just think about how much you can have stashed away if you really get hooked on habit of saving....heck by the time the property bubble has burst you might actually be able to put your hand up at an auction to bid rather than to scratch your head in amazement!!