gorankami

It helps a lot, very informational, thanks!

Thanks for clearing that, it is exactly what I thought it was. But still, I am curious: how do you solve the problem when you got only a house that your parents own but its price its close to nothing, due to bad location? Basically, you don't have much to guarantee for the mortgage. How do people that get from low into middle class solve that? Save for decades until you have enough? I am clueless of the options...

me: junior/medium sw developer in Belgrade, Serbia. I'm saving around 25% per month, or 15% if i buy something new for myself. I don't know what a mortgage is but I guess it's a loan for buying a place to live, which would probably dry out all my savings I guess. My expenses are: around 20% to rent, 10% for electricity, water, internet, phone and training expenses combined, 40% for food and 10% just get lost somewhere without a trace :)

There are jobs with greater salary, but I'm suggesting a medium perspective in the region of eastern Europe. I used to have a job in a smaller city which left me with 0% savings, and I had to live without internet for that, it's just the way it is/was, I'm just glad it's getting better for some cities and young engineers.