RE: How far do you think ahead financially...?

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RE: How far do you think ahead financially...?

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ph1102 in LeoFinance • 2 years ago

20K is a lot! I'm afraid to calculate my yearly expenses... lol... But, I would encourage your off-grid idea as I've been thinking about the same for some time... It's a ridiculously huge amount for "just living" as you didn't list anything luxurious...

Living in the woods, with fresh air, and fresh vegetables from the garden sounds much more appealing than spending money and living unhealthier in the city...

I agree with your opinion about getting older we get more stuck in the "system" even if we are against it and aware of it...

2 years ago in LeoFinance by ph1102

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revisesociology 2 years ago

It is an insane amount, I think I'm looking at off-grid ish.....

Once you've killed rent and mortgage the amount drops by a third.

Vehicle is the second most expensive thing, which i think one needs more living off grid, so that's always gonna be there.

Then in terms of energy and water - the costs of being gridded aren't too bad given the convenience!

Same goes for food. It's relatively cheap to buy compared to the time involved of growing your own.

Of course aesthetically providing yer own energy and food really is much more appealing!

Main problem with going off grid in the UK is just the sheer cost of land... One isn't going to get change out of £100K for say 5 acres of woodland which is really the minimum you need for some basic privacy, and then you'd probably need a 4 wheel drive which are astronomically expensive! You'd want to spend £!5K on a second hand one minimum I think to make sure it'll last you a decade and isn't a total lemon.

Off-grid ish in suburbia with a medium sized garden is probably cheaper overall! And there's more people about, which ATM I kind of like!

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ph1102 2 years ago (edited)

Main problem with going off grid in the UK is just the sheer cost of land... One isn't going to get change out of £100K for say 5 acres of woodland which is really the minimum you need for some basic privacy, and then you'd probably need a 4 wheel drive which are astronomically expensive! You'd want to spend £!5K on a second hand one minimum I think to make sure it'll last you a decade and isn't a total lemon.

Now I fully understand why Brits are coming to live in Spain and Portugal... I was checking prices in Portugal, they are ridiculously low even compared to Spain! And you got a piece of the forest, a small river crossing your property, and a house... Okay, the house is usually a ruin, but still... the prices that I saw were insanely low... Plus, I suppose that the climate is much better here than in the UK :)

Btw. was watching the UK show "Brits in the sun" and you can get some useful info about prices and different regions... :)

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splinterjuice 2 years ago

Mine were bad 2 years ago like 250k lol

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