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All The Things I Would Do If I Were An 18-year-old Today
Making the right choices today will make your life much easier in the future.
If you are 18 years old today, this article is for you. These are all the things I would do if I were an 18-year-old today:
Live with my parents until I am 25 years old (assuming I could live with my parents)
I wouldn’t rush moving out from my parents. I would live with them until I was at least 25 years old. That would make me save so much money, which I could use to buy a house on my own. I wish I weren’t in such a hurry to leave my parents’ house.
Open a Lifetime ISA (If you live in the UK)
As soon as I turned 18 years old, I would open a Lifetime ISA. For every £4,000 saved in a year, the UK government gives you £1,000. That means I would need to save £334 per month to get the annual bonus. If I kept it like that, at the age of 25 years old, I would have £35,000, which is a good amount for a mortgage deposit in the UK. Not so much in London, but in other parts of the UK for sure.