Please note, this is a collaborative post with Talk Tax.
Being in your late 20s, well for me anyway is constantly wondering what the future holds. I have to stop and tell myself to stop wondering what is coming and enjoy the now. It is hard as your ‘now’ affects your future but I’ve always stood by the fact that the more prepared you are, the easier things will be to deal with. Whilst this may not apply to everything, it does apply to some things…
Home
I went through the whole house buying process last year and I’m glad it’s over in all honesty, but there were so many things that popped up that I wasn’t prepared for. One of them being land registry, another being stamp duty. I wish I would have known all these things before going into it but again I wasn’t prepared!
Owning a home has a lot more responsibilities than renting one. Things like boiler maintenance, pipe repairs, and alarm checks? Calling professionals like Gutter Cleaning Rochester after a storm to check the roof is ok? Those are the kinds of house things I had to pick up on by myself when I got a home. It would have taken out the stress of what to do and when if it was all upfront.
I still don’t feel like the ultimate goal in life is to have a house but ho-hum, here I am and I know it will pay off someday.
What does make me sad is the fact we are living in a generation of renting. Most of my friends want their own properties but can’t save much because of course they are renting. It’s hard because property prices in London are only going to go up. All you can do is prepare now, by cutting back where possible and buying a lottery ticket every now and then.
Read more: How I Got on the Ladder
Turning that hobby into a side-hustle
“We only regret the decisions we didn’t make, right? Life is too short to sit on an idea, so you’ll never know if you don’t try. On a grown up note, make sure to declare any extra income with HMRC and ensure you have necessary insurance plans in place.”
Read more: How to Find Your Side-hustle
A lasting thought
So there you have it, preparation is essentially education and putting tools in place so you can deal with situations (or life admin as I call it) in the present. Thankfully there are websites like Talk Tax that do the nitty gritty and breaking things down for those who have no clue.
What big life things are you getting on top of? Or struggling with?
Char xo
Please note, this is a collaborative post with Talk Tax; all opinions are my own.
Its Kelle's Space says
I can definitely relate to not knowing what the future will hold. Sometimes it can feel like everyone around you is getting ahead but you’re staying still. I just remind myself to run my own race and that what’s meant to be will be.
Kelle – http://www.itskellesspace.com
jennasworldview says
Girl congrats for getting on the property ladder. Adulting ain’t easy, but hey we will get through it!!!!!
Memoirs & Musings (Char) says
Thank you my love!!! We’ll be living life like Diddy in no time! xxxxx
Lolia says
Good old HMRC! Nice reminder lol And well written! I can relate to everything said, including worrying about the future as I am approaching my 30’s and my living situation! It’s stressful figuring it out and so posts like these are inspiring and very helpful xx
Memoirs & Musings (Char) says
Thanks so much Loila! I always think, life is only as stressful as you make it, so break things down and see it as something else you gotta to achieve a goal! xx