How to buy your first home in a cost of living crisis

Navigating the Cost of Living Crisis: Despite the ongoing cost of living crisis, aspiring first-time homebuyers can still achieve their goals by cutting discretionary spending and utilizing savings tools like the Lifetime ISA, which offers government bonuses for saving towards a home.

Financial Guidance and AI's Role: There is a significant gap in access to financial advice, with only 8% of people receiving formal guidance. Moneybox aims to bridge this gap through education, while advancements in artificial intelligence could enhance personal finance assistance in the future, pending regulatory developments.