• lightnsfw@reddthat.com
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    1 year ago

    How much did you save in that year and what are your monthly costs?

    I plugged my numbers into a mortgage calculator while back and I’d have to save like 20% of the total cost to get the monthly payments low enough. I have an okay salary and I’m still not making enough to do that in a year.

    • SaakoPaahtaa@lemmy.world
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      1 year ago

      I can’t remember the exact figure, it was around 10k I had saved up, so roughly a third of what I had made that year. This was during covids lockdown phase, so I didn’t really have anything to spend my money on other than a savings account. My monthly loan payment is between 700-800€, I was smart enough to get a fixed interest rate which was ridiculous at the time but a literal moneyprinter now.

      • lightnsfw@reddthat.com
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        1 year ago

        Yeah, that’s about what the figure I came up with was. Oh well I’ll keep throwing money away on rent I guess.

        • SaakoPaahtaa@lemmy.world
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          1 year ago

          Alright mate, I hope for you to someday pass the obstacles in your way. Wishing all the best to you!

            • SaakoPaahtaa@lemmy.world
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              1 year ago

              You didn’t mate, it’s all good, and I don’t consider myself successful for saving money for a year. It appears to have been on a bit of an easy-mode.

              Feel like emotions are high here, and I’ve been looking into this credit rating system during this convo and I kinda start to understand the emotions coming off.