Kennie Bukky, a UK-based compliance officer, achieved her dream of homeownership at the young age of 25 despite a challenging economic climate. Through financial savvy and discipline, Bukky saved £50,000 and secured a mortgage on her first property.
One millennial managed to save enough money to buy her own property by the age of 25, despite the gloomy economic landscape facing young people. Kennie Bukky, a U.K. based professional who's under 30, is a compliance officer who has worked at firms including KPMG and. By 25, she had managed to save £50,000 (around $63,000) and got a mortgage on her first home. Her savings and mortgage have been verified by CNBC Make It.
Bukky explained that she didn't have financial help from her parents and instead had to be extremely financially savvy, as inflation, the high cost of living, and skyrocketing house prices continued to In fact, only 36.5% of adults say they feel better off financially than their parents, while 42.8% say they're worse off, according to CNBC's International to deal with the stress because they don't believe they'll ever be able to own a home or start a family. ‘Unprecedented': The most punctual global airline last year was ‘absolutely' a surprise, analytics firm CEO says 'I've come from a background where we've had to be careful about money and money wasn't always in abundance. There was always a scarcity mindset around money and my upbringing,' Bukky said in an interview with CNBC Make It. 'I never really had any money lessons or anything for my parents at all … I hated the idea of being restricted because of money and I started to learn from an early age that if you save money, you have the freedom to do whatever you want with that money.' Here's how Bukky, who chose to keep her legal name and age private for privacy reasons, managed to save five figures in her 20s.Bukky felt her degree in forensic science didn't have enough earning potential — so she pivoted into the finance industry, starting out as an onboarding analyst at banking firm RBS making £28,000. She was committed to saving money, even the
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