Can You Really Afford Life's Big Expenses?

It's a sad fact of life that no matter who you are and what you're doing, you're almost always going to be ruled by one simple thing: your bank balance. Money might not be the most important thing in the world to you, but it can often feel like it's the only thing about you that matters to the world as a whole. Most of us are valued entirely based on the contents of our wallets, and that can make life feel pretty stressful. This is especially true when it comes to some of the big moments in life. Many of life's biggest moments are stressful enough to think about without also having to worry about money as well. It's especially sad just how many people feel as though they can't take the next step in their lives simply because they're not in the right kind of financial position to be able to afford it. The last thing you want is to end up having to put your life on hold on account of your finances. With that in mind, here are a few of life's biggest and most significant expenses, and how you can go about affording them so that you can get on with the business of actually living your life!

Buying a house

If there's one big step in life that many people in the modern age believe that they'll simply never be able to afford, it's buying a house. There was a time when buying a house was as much of an expectation as anything else. However, all that has changed in recent years thanks to the rising cost of living and the lingering effects of the financial crash of 2008. However, just because buying a house or getting a mortgage is more difficult now than it once was, that doesn't mean that it's impossible. There are things that you can do to be able to get your foot onto that all important first rung of the property ladder. One of the first things to do is to think about how much space you really need. By looking for a slightly smaller property than you might have first intended you're going to be able to find something much more reasonably priced. You could also look at certain alternatives to a house or apartment. A lot of people have started buying and living in things like vans or houseboats instead of typical houses as a way to save money and have found it to be a way of life that they genuinely enjoy. One of the best things about that kind of lifestyle is not just that you're saving money, but that you have the freedom to go just about anywhere you want. Think about how nice it must be to decide that you're bored of where you live, and then to be able to pick up your home and just take it with you.

Buying a car

A car is probably still considered something of a luxury item by many of today's standards. After all, however much it can make your life easier, there are still technically ways that you can get by without one. Of course, just because something works in theory doesn't mean that it works in practice. The reality is that public transport is often pretty unreliable and many of us aren't in a position where we can walk the distance to work. This means that, for many people, a car is an incredibly necessary and important part of everyday life. Of course, that doesn't make it any easier to afford one. That being said, there are some things that you can do in order to make buying a car just a little bit easier. For one thing, you can buy a car on finance. This means that you may end up spending a little more on the car than you would if you paid for it outright, but the cost of the car is spread over equal payments for a number of months. Paying for it like this can often make life a whole lot easier for those who need a car but aren't in a position to shell out a huge amount of money all at once. Of course, you can also consider things like an older car or one with a smaller engine. Being willing to make compromises around the kind of car that you're driving means that it's going to be a lot easier for you to afford something that is pretty much a necessity for many people in the modern era.

Getting married

Getting married is a wonderful thing for a lot of people and it's the kind of event that a lot of people spend their entire lives dreaming about. However, it can also be one of the most expensive things that you ever do, with many weddings costing upwards of tens-of-thousands. One of the best and simplest ways to avoid that kind of cost is to reach out to family for support. Sure, there's the old tradition of the father of the bride paying for a wedding but, let's face it, that's a pretty outdated tradition. That being said, having your and your partner's parents help out with the costs of a wedding certainly isn't that much of a stretch. The other thing that you can do is to cut back on many of luxuries of a modern wedding and to keep things simple. Only invite a few close friends and family members, don't worry about and expensive venue, decorations, clothes, or anything else. After all, the important thing about a wedding is that you're promising yourself to the most important thing in your life, and that's not something you need to spend a lot of money in order to do.

Having a baby

Having a baby is a serious rollercoaster of emotions. One minute you're on cloud nine and the next you're in a complete and total state of panic. And one of the scariest parts of having baby is the idea of how much it's actually going to cost. One thing that a lot of people don't realise is that the cost of raising a child to adulthood is often the most expensive thing they'll ever do, with the cost of it ranging up in the hundreds-of-thousands. Of course, as with anything, there are alternatives to having to spend that kind of money. One of the best ways to offset the price of having a baby is to look for second hand things and not to be afraid to accept gifts from those around you. It can be tempting to want everything brand new for your baby but most people with kids have huge amounts of old clothes, toys, and anything else that their little ones grew out of and they are probably more than happy to get hand them over to you. That way they get rid of stuff they don't need, and you save a ton of money right at the very start.

Of course, it's okay if there are certain things on this list that you're not interested in doing. Some people don't ever need to drive anywhere; others don't want kids; others are happy renting for their entire lives. And that's all totally okay! The point is that it should always be your decision when it comes to what you do or don't do with your life. However, the last thing you want is for that decision to be made for your on account of the contents of your bank account.

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