Left my parents house, went to church, got married, left at midnight to drive to honeymoon, week later collected the keys to our first house in 1970, £3250, and moved in together for the first time. Second hand three piece suite, Orlins three quarter bed and an old wardrobe from his parent’s home. My parents paid for Venetian blinds, curtains and a kitchen table and chairs. We bought a fridge and cooker and used the laundrette for our washing.
A year later we were able to afford carpets, sold up for £7250 and took off for Australia where we built a very basic house for £3500 and I went off to uni while Orlin supported me.
Our own boys have mortgages in the hundred thousands in spite of help from us but they’re fully kitted out with all mod cons, fully carpeted, nice cars. They and their children seem incapable of waiting for anything until they’ve saved up. I will say, however, that none had huge fancy weddings, honeymoons or have lavish holidays.
They seem to have spent the bulk of their money on capital assets so I suppose they know what they’re doing.