Friday, March 21, 2008
How a small brazilian family are getting it right and not the highly paid big banks
This is 20 March 2008 episode of working lunch. Around 23 minutes in Gillian looks at a brazilian family on £495 a month with both parents working. They have fully paid up house. They made changes to their house when they had money. Live within their needs, save up for things before they spend. The wife is planning on retiring within 5 years when she will be 48 years. I also feel they look so young for their age the calm, the composure I have never seen in the UK. Would be nice to see what you think about this simple life. PS. In Brazil you until a couple of years ago, you could not get a loan for a house. You needed 100% of proceeds to buy one.Hence they do not have any sub prime mortgages debacle on their hands. People who work for a house can have one.