|>>|| No. 4610
I'm aiming for the house first, but that's because I work somewhere where houses are cheap, so I can buy a house right by work and just never see my friends again for several months. Cars have all manner of running costs too, so if you like watching your bank balance go up, it will go up much more slowly once you have to pay for insurance, and petrol, and parking, and an MOT, and so on and so forth.
And if you're looking at buying a house, please remember that banks will only lend you a certain multiple of your annual income. The deposit is pointless if it doesn't make up the rest of the house price. My own numbers are around £28,000pa with about £30,000 in the bank, so I can't buy a £600,000 house with a 5% deposit because banks will only lend me £28,000 x 4.5, or perhaps x 5.5 now. Assuming I can get the x5.5, that's £28,000x5.5 = £154,000, plus the £30,000 I have, so the most expensive house I can buy would cost £184,000. I'm sorry if you know all this already.