Did you know that Jessie J has a congenital heart defect? [Sorry this is a link to the Daily Mail, I won’t do it again]. That fact is nothing to do with this post.
Over the weekend I did some sums and I worked out that, after paying for childcare and train fares, I earn about £15 a week, which I then spend on food. It’s not quite as bad as that really, as we are paying for B’s nursery fees out of our savings, so I do take home more than £15 a week, but all that means is it’s disappearing from somewhere else. This somewhere else, our savings, is (soon to be was) our house deposit fund. We have a massive deposit by most people’s standards, but we still can’t get a mortgage because we don’t earn enough. The problem we now have is that once we’ve paid B’s nursery fees for the next 3 years we won’t have much of the savings left so we still won’t be able to buy a house even if we ever achieve Bookmouse’s Plan for Owning Our Own Home (aka B-POOOH) (get better paid jobs and/or move north).
Of course, we don’t need to own our own home. What is the British obsession with this? People on the continent and in America don’t have this obsession do they? Renting is a perfectly acceptable way to live…but. Your house is not your own and you’re at the mercy of your landlord (we’re lucky ours is good) and the estate agents (ours are bad but we have as little to do with them as possible).
Anyhow, at least we have savings, otherwise I don’t know where we’d be. I think I would have to give up work (to save money – the irony!), which would be bad because it’s helping to keep me sane at the moment. Now there’s something I never thought I’d write…