Feature article
From redundancy to home ownership in less than a year
First home buyers Rebecca Stewart and Josh Fuller worked ‘bloody hard’ to purchase their Christchurch property.
Last updated: 9 September 2024
AI summary
A Christchurch couple bought their first home less than a year after a redundancy forced them into a frugal lifestyle. After finding new work, they maintained their saving habits to achieve their goal.
Their strategy involved:
- Clearing debt and selling a second car.
- Getting crucial advice from a mortgage adviser.
- Using their KiwiSaver and savings for a deposit.
Inspired by resources like The Barefoot Investor, their story shows that with sacrifice, home ownership is an achievable goal.
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