How did a 16 year old girl bought a house from earning £3 for an hour.
See how she saved her money to fulfill his dream.
Becca Thompson, also known by her username @beccathompsonn, is a remarkable example of what can be achieved with discipline, dedication, and a clear vision of one's goals. At just 21 years old, Becca accomplished a lifelong dream - owning her own home. Her story is an inspiration to many, and her success is a testament to the power of hard work and smart financial planning. Becca's journey towards homeownership began at the age of 16, when she made a conscious decision to prioritize her savings over indulging in frivolous expenditures with her peers. Despite earning a modest £3 per hour, Becca was determined to save as much as possible, and she developed a simple but effective strategy to help her reach her goals. She would put aside a fixed amount of money every time she spent, and she made sure to only purchase items that she could afford to buy twice. Through these principles, Becca was able to save an astounding £800 per month when she became more serious about turning her dream into a reality. With her hard-earned savings as a deposit, Becca was able to purchase a charming two-bedroom house located in the picturesque area of Tyne and Wear for £86,000. Her incredible success has inspired many, and she has generously shared her top savings tips on the popular social media platform, TikTok. Her videos have become a sensation, garnering thousands of views and comments from individuals who are motivated to follow in her footsteps. Becca's story is a powerful reminder that with hard work, dedication, and a clear vision of our goals, we can all achieve our dreams, no matter how lofty they may seem. She is a shining example of what can be accomplished through perseverance and smart financial planning. Her achievement is a testament to the fact that anyone can accomplish great things with the right mindset and a commitment to their aspirations. Becca's story is truly remarkable, and she is an inspiration to us all.
When she was asked questions of how did she did that she replied;
"I started saving money from my £3 an hour job at 16"
"I finally bought my first home at 21"
The TikTok star said that she bought a two-bed house in Tyne and Wear for £86,000 - describing it as a "really good deal".
She continued: "Started off by every time I spent money I’d put the same amount in my savings account.
"If I couldn’t afford to buy something twice I wouldn’t buy it.
"More recently when I became serious about buying I was putting around £800 away each month."
One user asked: "How did you manage to save up on £3 an hour?"
To which Becca replied: "I had nothing to pay for really, my parents didn’t take it when I was earning that much, obviously my wage is higher than that now though."
Another user said: "Brilliant, good for you girl. You’re gonna go places."
While another said: "Wow that’s amazing!!"
And a third commented: "This gives me hope. Well done!"
What this woman learned;
Set up more money than you anticipate needing when looking to buy a property, and take the time to discover how your various expenses will alter throughout the year.
The mortgage approval procedure can be difficult with one income, so plan your money as soon as possible to reduce the stress of the loan process.
It's well worth your time to browse around for a property and a mortgage.
When buying a house, think of it as a math problem. Calculate how much you can afford to spend each month and work backward to determine your purchasing budget, and then stick to it.
Ensure that your voice is heard throughout the home-buying process. When going through the procedure, people are quick to offer their ideas, but many do so incorrectly.
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About the Creator
Ahsen Nadeem
I am a writer and I will give you information about anything I can. Thank you for reading my stories and if you have not followed me please follow me,it would be alot for me.
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