Didn't we do the arithmetic on this a couple of weeks ago? As I recall the figures equated very closely. In terms of house purchase your grandson at £20k is just starting out so a house at £160,000 is well above what he might expect to fund. There are plenty of houses for sale from £60K to £100K for him to aspire to as his first property. Otherwise it is good to see that we are broadly in agreement. Let's just encourage the young folk to get the message about living within their income and try saving for what they want. At home as in business "Cash is King". What neither of us has repeated from a few weeks ago is the length of the working week. In the 1960s and 70s 12 hour shifts x 6 days was quite common. This had two advantages, it brought in good money and it eliminated time to go out and spend it. I doubt if there are many doing shifts like that nowadays.
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