Move for your money?
By Teamspirit on Tuesday, 12 June 2018
It’s well known house prices in London are sky high and somewhat out of reach for young folk. But not all hope may be lost. As seen in a recent Evening Standard piece, one couple have thought of an alternative way to try and raise the cash.
The solution? They’ve moved abroad. By moving to another European country for a while, where the cost of living is lower and there’s an air of excitement and adventure, more money can be put into savings. This can then be used toward a deposit upon return to British soil.
Of course, the couple mentioned already has a head start. They have jobs where they can work remotely, and they’ve had help from Clydesdale and Yorkshire bank. This has meant the lucky couple are hoping to own a home in the next year.
For the rest of us, something drastic like uprooting your life and moving to sunnier climates might still be appealing. If we don’t have the Bank of Mum and Dad to rely on, then anything that promises a faster rate of saving can only be a good thing. And it’s this sort of out-of-the-box thinking that needs to be embraced more.
It makes sense that if something’s a bit tricky then coming at it from a fresh angle could be the way forward. And hey, if the solution involves palm trees and calming blue waters, you can always count us in.