My Dad said don't get a loan for anything other than a home and then have a decent amount saved. Seems to have worked for me so far. And I had my home paid off in my early 30s👍 No dept ever since then.
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That's a good strategy and one that has worked for you obviously...The sad fact these days is that many will either never buy their own house, or never pay it off.
Yes it can be very expensive to get into home ownership now.☹️
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I think a lot of young people in Australia will never own a home
Yes, I agree.
Plz help me im a new user plz follow me
Hi there @shafiullahz,
Asking me for a follow is not a good way of actually securing a follow. I need to see your work, to determine how you engage with me or others and what sort of things you blog about.
The fact that you used my post about financial grounding to simply ask for a vote doesn't bode well although, I'll take a look at your blog and if I like what I see I'll comment a bit, maybe throw you some votes and see how our relationship develops.
Now...It would go a long way towards a bright future relationship if you would read this post and, if you feel inclined, make some valid comments in reply and lets see where it leads from there huh?
Very likely unless we have a big property bust.
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At the rate things are going I feel like a lot of young people in Australia will never move out :S