If your young, travel first, I traveled most of my 20's, and although I didn't settle down or buy a house until my early 30's, I loved it and it has given me more life experience than I would have got with just mortgage. My one regret is not stopping earlier to have kids younger. I think it comes down to what you want out of life and where you want to be in 10 years. But it is much easier to travel without other financial and family commitments
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03-03-2014 13:54 #31Senior Member
- Join Date
- Mar 2014
04-03-2014 13:32 #32
I would buy the house, live in it for 12months and save our butts off, than rent it out while I travelled a little.
04-03-2014 13:55 #33-
- Join Date
- Jan 2011
Where are you wanting to travel? I'm looking at 6grand all up (flights, accommodation, food, extras etc) for a 7 week holiday across Asia for one person.
Stake our flight deals, stay in hostels, eat cheap . Air NZ has return flights to LA for under a $1000 at the moment so a holiday can be done cheaply if you plan properly.
20-03-2014 23:38 #34
Buy then use equity later
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