Overview
- Amelia Brown, 33, set a target to build a £200,000 deposit in two years to buy a three-bed freehold home with a garden in London.
- She says she gets £13,000 before tax each month and £6,924 after tax and a 10% pension payment, which sets her budget.
- To speed saving, she banned M&S shopping, stopped Botox, paused new clothes, pared travel, and deferred buying a car.
- She cut pension payments from 20% to 10% and says earning money from posts online lifted last month’s take-home by 20%.
- She calls herself a high earner not rich yet, pointing to the UK £100,000 tax trap and high London costs as reasons to skip a starter home and save for one move to avoid extra stamp duty and moving costs.