Friday, 5 January 2018
2018's Big Events
I mentioned in my last post that I have 2 big events this year. I really need to save as much as I can! My middle son is currently living and working (for Hilton) in Australia and the plan is to visit him this summer ✈ He's now in Cairns which is an area I actually visited 12 years ago. It's beautiful. He has his own apartment with a spare bedroom so we'll stay with him to save some money. OH is actually an Australian citizen. He emigrated there in the 90s but came back to Scotland. His brother still lives in Perth (remember the wedding in Singapore?) and his wife is about to have their first baby very soon. So we'll be visiting them too. That will need to be a hotel stay so some expense there. Eeeek!!
The second big expense is that I'm going to buy a flat for my eldest son to live in. It will give him security no matter his benefit/job situation and will actually be less expensive than him paying rent to a property company. Obviously he can't get a mortgage because he doesn't have a job or a deposit. But I can take care of both these issues and have already started sorting all the legal bits. Ironically he/we will end up saving £250 a MONTH!! In his current circumstances paying a mortgage is cheaper than paying rent. So we're now on the lookout for a ground floor flat in the city centre 😊
I know I am very lucky to be in a financial position to fund both these events. I already live well on less than half my salary and with a bit of determination I can get that down to about a third.
So 2 really big reasons to live even more frugally and save as much as I can 💰