According to new Mortgage research, first home buyers are spending their hard-earned deposits on gadgets and "fashion items". A lot of what you hear in the media about first-home buyers is about how much of a struggle it is.
This research just confirms that it's not so much a struggle as it is a lack of discipline. Having a mortgage is a large responsibility, and requires discipline. If you lack the self control to stop you going out and blowing your cash on a plasma, then you clearly aren't ready to take on a mortgage.
Welcome to the real world. Life's about making choices. Plasma, or pay your landlord's mortgage? Chinese takeaway or cook in? With a bit of self-restraint, owning your own home isn't that hard. It might mean you need to hold off on that new handbag or pair of shoes though. Seriously. You have enough already.
This was a sponsored entry