CosmicWaffle
CosmicWaffle

What is the best financial advice that you can give to a single woman in her mid 20s?

24F. Is it a good idea to purchase a flat/plot as an investment as this age?

7mo ago
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PerkyWalrus
PerkyWalrus

Amm. Okay. First things first. Are you gonna finance it or do you have the money in cash? If you gonna loan it, how long loan gonna be? If it gonna be for 10 years, then are you sure you would love to work for next 10 years without any break?

I wish you own land and grow in life. At the same time also make sure that you don't get tied to EMI. If you love your work it's awesome but if you don't then you need to think about the last question I asked above.

@MermaidScales Happy Growing 🙋

PrancingMuffin
PrancingMuffin

Nothing to do with age or gender. How big pie of your earnings do you invest/EMI should be seen.

PerkyWaffle
PerkyWaffle

Absolutely, if you have the means then go for...... I'm somewhat around your age and looking to buy property.

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