• SaakoPaahtaa@lemmy.world
    418·
    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.

    • Taigagaai@lemmy.world
      8·
      1 year ago

      You might be interested to know that in the European country where I live this is completely impossible. No bank here will give a loan to a single person with that income and only 10k euro saved.

    • kmkz_ninja@lemmy.world
      3·
      1 year ago

      So you boght during a housing crisis where people were losing their jobs and the economy was in shambles.

      The average rent in America is $1700. Congrats on finding a house where the mortgage is half of the average American’s rent.

    • lightnsfw@reddthat.com
      21·
      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
        511·
        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
            310·
            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.