unemployed.. But want to spend last of saving on a kit car

[R11ysf]

Accelebrate said:

If you buy the right car I would have said that going travelling was potentially the poorer of your decisions financially.

Buy the car, don't go travelling. Get a job and save for a deposit, sell the car for minimal loss, buy a house, become financially stable and then use your annual leave wisely knowing that travelling is much more fun when you're not worrying about running out of money constantly. Simple.

Not trying to take this O/T, but this is your opinion stated as fact. I can assure you when I went travelling living out of a camper van and on a very low budget was one of the best times of my life. Knowing you have no time pressure to go anywhere or do anything gives you the freedom to take on some huge adventures at a whim.

Using your annual leave as a comparison?? Not even close, after 2 weeks away I wouldn't even have stopped thinking about work!

[1UP]

menguin said:

Obviously OP has been a total tw@ about what he's saying

I think OP thought he was going to get a round of applause for attempting to get into a decent car with the last of his savings. The backlash from the older PH contingent has caught him on the back foot, hence his slight rants.

To stick my oar in?

Save to go travelling, see as much as you can - you might find that the car is not top of your priorities when you come back.

[g3org3y]

1UP said:

Save to go travelling, see as much as you can - you might find that the car is not top of your priorities when you come back.

[Scottish_ninja]

Im nearly 25, still live at home. I have a good job, and i earn more than enough to move out, have a nice car and live with comfort, but for the time being, i enjoy being at home. Is this somehow inherently wrong?

My parents both enjoy me being around the house (as im the last of 3 to leave), I get on very well with both my parents, i pay my way and for the time being, it suits.

Any of you fking pompous tts who assume you are better than me because you have a mortgage can go fk yourself. I'll move out when im ready to settle down with a girlfriend/fiance. Because you moved out at a young age does not mean that its the right thing do so keep your narrowminded, ignorant opinions to yourself.

[eg Watermelon]

I can sort of see both view points on this.

The OP is acting childish, like he's throwing his toys out of his pram as it's not going his way. The comment by him that renting is for 'retards' - erm, what are you when living with your mum & dad then? a legend? a hero? I'd say that should be your first priority rather than a buying a car - if you are going travelling fine, but i wouldn't keep bragging about how you live with your parents, it's not cool...

On the other hand you are still young and when you have money there it is tempting - especially when your interest is cars - to buy your dream, moreso when you don't have a mortgage, kids etc. But it would only be possible IMO if you had a job.

PS : At the risk of pouring more petrol on the fire, where did your savings actually come from - were they from mum & dad? as you've been at uni have you had a job to be able to save this amount? I only ask as if it is from the bank of mum & dad you really need to grow up. (I'm happy to be proved otherwise!)

I hope you'll do well in the future & find a good job & a good Westy!

see, if you put that positive part at the end he may not lose his temper...

Edited by eg Watermelon on Wednesday 11th May 10:17

[c0ldpl4ya]

1UP said:

Save to go travelling, see as much as you can - you might find that the car is not top of your priorities when you come back.

Most sensible post yet

[OMNIO]

If you have no job and spend everything you have on a weekend toy how will you go travelling in November? Bank of mum and dad? How are you paying your student loans and assosiated debt? Bank of mum and dad? Or has the bank of mum and dad already paid for university for you?

You do sound quite spoilt IMO even though you say you arent. When i was made redundant my parents paused the £200 monthly rent i pay them as long as i helped around the house more and did odd jobs if family members needed me to.

You seem quite happy to live for 'free' and piss away £x,000 on a toy for you to enjoy all summer until you toddle off to go traveling. You certainly appear ungrateful to your parents and seem to treat them as your slaves. The way your so lax about saying how you disapear off for weekends or weeks then return and eat them out of house and home makes you seem like such an absolute prick.

[Jonathan Legard]

Where has this money to go travelling materialised from?

[matthewg]

Scottish_ninja said:

Any of you fking pompous tts who assume you are better than me because you have a mortgage can go fk yourself. I'll move out when im ready to settle down with a girlfriend/fiance. Because you moved out at a young age does not mean that its the right thing do so keep your narrowminded, ignorant opinions to yourself.

You know this is a forum?

Edited by matthewg on Wednesday 11th May 10:59

[gareth.e]

It seems people haven't read the entire thread:

I made a conscious decision to move back home after university

I may have sounded like a bit of a self centered dhead when I said 'they could deal with it' but I have a small impact on their lifestyle and if they wanted me out of here I would go although it would make things more difficult for me

if you can live at home for a year or so when you're young for free while you attempt to save for a deposit then why wouldn't you?

I decided against buying the kit car before the thread was resurrected

I would have been able to sell the the kit car when I needed a deposit

I respect some people have to rent because they haven't prioritized saving or they have been forced to move out at a young age

if you consciously chose to rent into your late 20's and into your 30's when you're in a stable lifestyle then you really are a retard

the total cost of the gti6 and insurance came to 2.5k and I have 0ncb because it didn't make financial sense to drive at uni despite cycling miles to work and being desperate to drive.

If I purchased the kit car I would have needed to ensure I work my arse off to go traveling because I wouldn't have been able to go otherwise

Edited by gareth.e on Wednesday 11th May 11:13

[Jonathan Legard]

The bold supersize makes your argument seem wholly logical.

[gareth.e]

Jonathan Legard said:

The bold supersize makes your argument seem wholly logical.

It makes my statement easy to spot and ensures people don't skip past it.

[gareth.e]

doogz said:

gareth.e said:

if you consciously chose to rent into your late 20's and into your 30's when you're in a stable lifestyle then you really are a retard

Says the unemployed mummys boy that lives at home, and was about to spend every penny he had on a second car?

Cool.

He didn't and he doesn't need his money at the moment. If I told you I was going to put all my money into a commodity and my insurance has gone up £400 you wouldn't blink an eye.

[g3org3y]

gareth.e said:

if you consciously chose to rent into your late 20's and into your 30's when you're in a stable lifestyle then you really are a retard

Quite sweeping and bound to inflame the situation with many posters here I reckon.

Out of interest, what did you study at uni?

[Mark Benson]

c0ldpl4ya said:

1UP said:

Save to go travelling, see as much as you can - you might find that the car is not top of your priorities when you come back.

Most sensible post yet

Depends. There's 'travelling' (following the herd to Aus, NZ, Thailand etc. and having a big holoday with lots of other people just like you) and there's travelling (broadening your horizons, meeting people different to you, living as they do etc.).

Sadly, most young people these days choose the 'big holiday' option.

[gareth.e]

g3org3y said:

gareth.e said:

if you consciously chose to rent into your late 20's and into your 30's when you're in a stable lifestyle then you really are a retard

Quite sweeping and bound to inflame the situation with many posters here I reckon.

Out of interest, what did you study at uni?

I was heavily pressured to go straight to university at 18.. I had offers for software engineering at some decent unis but was worried about getting into IT as I know things will change. Also I did 1st/2nd line support during the summer holidays in 6th form which put me off my Passion for computers for life! I use to be really into computers/programming/overclocking from about 12-18, but I felt I was growing out of it. The demographic that attended opening days didn't help! I took the bland backup on my ucas and Ive got a 2:1 business management degree.

[gareth.e]

Mark Benson said:

c0ldpl4ya said:

1UP said:

Save to go travelling, see as much as you can - you might find that the car is not top of your priorities when you come back.

Most sensible post yet

Depends. There's 'travelling' (following the herd to Aus, NZ, Thailand etc. and having a big holoday with lots of other people just like you) and there's travelling (broadening your horizons, meeting people different to you, living as they do etc.).

Sadly, most young people these days choose the 'big holiday' option.

Going to Thailand for a long time, definelty not following the 'party' crowd though!

[Twincharged]

Scottish_ninja said:

Im nearly 25, still live at home. I have a good job, and i earn more than enough to move out, have a nice car and live with comfort, but for the time being, i enjoy being at home. Is this somehow inherently wrong?

My parents both enjoy me being around the house (as im the last of 3 to leave), I get on very well with both my parents, i pay my way and for the time being, it suits.

Any of you fking pompous tts who assume you are better than me because you have a mortgage can go fk yourself. I'll move out when im ready to settle down with a girlfriend/fiance. Because you moved out at a young age does not mean that its the right thing do so keep your narrowminded, ignorant opinions to yourself.

Calm down dear, it's only a forum.

Look at the bit I've put in bold- this is the difference.
I think most people dislike the attitude of the OP, which suggests: "living at home is free, so I'm going to do that whether my parents like it or not, while unemployed. The savings I do have I will spend on a kit car, then I shall go travelling. Furthermore, anyone who rents a property is a retard."

I'm sure most people would accept that it's ok to live at home for a while, so long as you pay your way and your parents are fine with it (and you don't ask for "bitty").

[eg Watermelon]

OP you're not doing yourelf any favours TBH...

You're not really in a position to say renting = retards, when you're living FOC at your parents house, whilst unemployed and wanting to blow savings which i can only assume where given to you buy your parents on a item which will lose money and go on to cost you in the future - i know you have now said you won't but you started this thread.

Plus, how do you know what you will doing when you're in your late 20s early 30s? Life is not that simple and you could be renting for the rest of your life? How do you know otherwise huh? Or, are your parents going to bail you out and pay your deposit/mortgage? Will you then be a retard? No, wait you're acting like you already are one by the attitude of your posts.

I know you're young, but then so i'm i 26) and i don't rent before you ask i have a mortgage but left home at 18 and rented for 3 years, do i want a medal? No, but at least i can say i stood on my own two feet which i really think you need to do.

You might think it's boring saving money and not spending it and looking towards your future but you can't expect everyone to agree with you when you start a thread like this, otherwise it would be 2-posts long saying do it. In a way we're looking out for you....

[gareth.e]

Twincharged said:

"living at home is free, so I'm going to do that whether my parents like it or not, while unemployed. The savings I do have I will spend on a kit car, then I shall go travelling. Furthermore, anyone who rents a property is a retard."

Have you considered being a journalist? You could write for news of the world