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I am really excited i have a full time job now and i am starting to save. I worked out i will have a deposit within a few months and will hopefully be debt free by then too. The problem is i have trouble saving, how do i focus myself so that i can achieve this longing goal?
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Can you show us the big picture? An investment property is generally something that should happen once all of your financial needs are in order. If you still have debt now, how is it that you are saving for a deposit on an investment property? Why aren't you using that money to pay off your debt sooner?Steve
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Well i guess i titled it all wrong. I am saving for my investment property. I have a year plan to save 25 grand, 10 of which will get me rid of debt and the rest will be towards a deposit. Here in australia we have a first home owners grant of up to 42 grand with a 5 thousand dollar contribution. I think i have a good plan, no?Comment
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YOU have a great plan but you must first focus on getting rid of that debt goodluckComment
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