'I saved up £40,000 in two years to buy my struggling mum a house'

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'I saved up £40,000 in two years to buy my struggling mum a house'
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'I saved up £40,000 in two years so I could buy my struggling mum a house'

A man who saved up £40,000 over two years has now bought his mum a house after fulfilling his childhood promise. Will Hemming, 32, was just 11 years old when he told his mum Vivienne: 'Mum, when I grow up, I’ll buy you a house.'

On the day he revealed the secret and told Vivienne he had bought a house for her, Will said she was “in shock” and did not believe him, but she has since settled into the cottage-style, two-bedroom end terrace in Alcester and is “really thankful”. Will wanted to invest his savings rather than leaving them in his bank account, and as his mother was struggling with renting, he started considering buying a property.

While he restricted certain expenditures and made “small sacrifices”, such as reviewing the number of subscriptions he paid for and not buying as many clothes or going out as much, he said it resulted in “positive changes” in how he viewed his finances. Will believes he would not have been able to save as much without Monzo due to how “transparent” everything is. “It felt really good, it felt really good knowing it was now possible,” he said.

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