We are paying off a house overseas, fully in one year. At the same time, we would like to purchase a house (first one here). For this, we need the deposit (another half year). What would you suggest is the best way to manage these? Should we pay off the overseas house before saving for the new one, or should we be splitting it half and half (paying the house, and saving toward the new house deposit)? Do you have any tips for saving money, or a way to pay more toward the new house, etc.?
Financial planning- Paying off houses?
- Thread starter Naomi
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