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Old 07-02-2022, 14:57   #5
Chris
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Re: Of course young people can afford a home — just move somewhere cheaper, says Kirs

She’s obviously not speaking from personal experience but it’s churlish to dismiss her professional expertise based on who her family is. I’m reminded of a show that was on TV probably 15 years ago now with Alvin Hall, the personal finance expert. Week after week he’d help out someone who “couldn’t afford it” (whatever major life purchase “it” was) and every single time there was poor personal financial planning and even just basic weekly budgeting at the root of it.

Housing has certainly got a lot more expensive but is there really nothing valid in her ladyship’s observations about personal finances and the things we think we “need” to spend money on that are hindering our ability to save for a deposit?
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