Getting onto the housing ladder is becoming increasingly difficult. In fact, latest figures show only 50% of all 35-44 year olds had a mortgage, down significantly from 68% in 1997.
At the same time, people in their 20s and 30s are becoming more aware than ever of the importance of investing for their futures. If you’re not investing from a young age, your future is looking grim.
Investing and home ownership are both worthy financial challenges to tackle, but the 2 goals are conflicting. How can you save up for a house deposit, AND invest adequately for your future? Which target should you prioritise first? The roof over your head, or avoiding a miserable retirement?
In this video we’re going to try to solve this problem facing the majority of young people, on which goal to tackle first from a financial perspective. Should you save for a house or invest in the stock market? Let’s check it out…