this post was submitted on 11 Aug 2023
45 points (84.6% liked)

Asklemmy

43898 readers
1147 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Krulsprietje@lemm.ee 42 points 1 year ago (1 children)

“You can buy a house with your own money” someone told me when I was a kid.

Last week I calculated that if I save every penny and dont spend a thing for the next 47 years I might have just enough to get myself a small house (hoping of course that inflation doesn’t happen otherwise it would be a shame to save +500.000 euro 😂)

[–] u202307011927@feddit.de 12 points 1 year ago (1 children)

They didn't say where though. I bet in some country you can buy a house for less than 10k

[–] dandroid@dandroid.app 11 points 1 year ago (1 children)

Yeah, I recently bought my own house. I had to move to a rural area 2000 miles away from all my family and friends. But I did it.

[–] Krulsprietje@lemm.ee 3 points 1 year ago (1 children)

Congrats! Did you do it with your own money? (So no borrowing! Not that that is bad)

[–] dandroid@dandroid.app 1 points 1 year ago

Well, I borrowed from the bank. But I think just about everyone does that. Other than that, no money borrowed. My parents paid for my college 100%, which gave me a huge headstart in life, as I didn't need to pay off any student loans. After college I got a job at a startup, which gave me a bunch of stock, and then we sold the company, which gave me a really nice payday. My down payment and moving costs were entirely funded by that.

So it was a mix of luck between having parents that could pay for my college, luck getting a job at a company that sold, and then moving to a less expensive area. Of course, I don't want to downplay how hard I worked in college and at the startup to put myself in a situation where I could get lucky.