The BBC put together a look at how many years of daily breakfast it would take to afford 20% down on a home. If you wish to buy in London, it would take 67 years of missing breakfast to afford a 20% down payment!
While some people emphasize these small purchases adding up to big money, to me, it's much more important to dedicate a percentage of your paycheck to savings rather than worry about never eating out or spending money on fun.
http://www.bbc.com/capital/story/20170530-the-avocado-toast-index-how-many-breakfasts-to-buy-a-house
Submitted May 01, 2018 at 11:39AM by proskillz https://ift.tt/2re6OxJ
