OMG! I cannot believe it is actually happening, and I am putting my money and my arse where my mouth is.
We rent, and had been renting a lovely detached 4 bedroom / 3 bathroom home in a nice area for £1,100 a month. That was actually a bargain, and still allowed us to save about 40% of take home pay.
However at the start of October we move to a smaller 3 bed semi for £850 per month. Yep, some of our furniture will not fit and we have to share one bathroom, but I am bloody doing it! Not sure how it will all go, but it is a closer match to what we had decided to buy when we can find an appropriate house and we will save an extra £250 per month :)
I have to admit to moments of feeling like this is insane, because we earn nearly £90k per annum between us. A swift punch in the face (or a bad day at work) puts it back into perspective!
Now..... all I have to do is make myself cycle to work every day. Last house was 1.5 miles from work so I mostly walk, and this one is 3.6. Very cycle-able, right? In the meantime please forgive me if I catch the bus ..... baby steps here.