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- Joined
- 7 Sep 2014
- Posts
- 1,158
I think the big problem in this thread is the interpretation of "enjoy yourself". Personally living in some hovel that you share with others doesn't enter at all into "enjoy yourself". Personally for *me* to "enjoy myself" I'd want to be able to do the following:
+ Live independently or have the ability too if I chose.
+ Enough disposable income to enjoy a few hobbies (E.g. computing / sports)
+ Enough disposable income to run a car or at least rent when I wanted to visit family / friends
+ Enough disposable income to eat out once or twice a week and go to the pub a few times a week.
+ Enough disposable income to afford a foreign trip or two a year.
+ Buy a reasonable phone and have a decent contract.
My head suggests around
£1250 [Rent and utilities]
£100 [Hobbies E.g. a decent PC every 2 years]
£120 [Car expenses E.g. cheap lease + insurance + fuel]
£120 [Eating out and pub]
£60 [Holiday funds]
£40 [Decent phone]
£100 [Food shopping]
You'd need to be on a gross salary of around £26-28K to enjoy that, and that would leave no room for *anything* else (forget clothes or shoes, or that odd show you want, or netflix etc...) and I'm assuming too no student loan repayments or any other debts.
In reality you need to put another 10k on top before it gets aware close to comfortable where you can start to save some money, build a future etc. It's all good and well to say to folks in their 20's to go and do it on a low income, but when they hit their 30's and start wanting a home they'll have no savings to do that with.
Just IMHO
+ Live independently or have the ability too if I chose.
+ Enough disposable income to enjoy a few hobbies (E.g. computing / sports)
+ Enough disposable income to run a car or at least rent when I wanted to visit family / friends
+ Enough disposable income to eat out once or twice a week and go to the pub a few times a week.
+ Enough disposable income to afford a foreign trip or two a year.
+ Buy a reasonable phone and have a decent contract.
My head suggests around
£1250 [Rent and utilities]
£100 [Hobbies E.g. a decent PC every 2 years]
£120 [Car expenses E.g. cheap lease + insurance + fuel]
£120 [Eating out and pub]
£60 [Holiday funds]
£40 [Decent phone]
£100 [Food shopping]
You'd need to be on a gross salary of around £26-28K to enjoy that, and that would leave no room for *anything* else (forget clothes or shoes, or that odd show you want, or netflix etc...) and I'm assuming too no student loan repayments or any other debts.
In reality you need to put another 10k on top before it gets aware close to comfortable where you can start to save some money, build a future etc. It's all good and well to say to folks in their 20's to go and do it on a low income, but when they hit their 30's and start wanting a home they'll have no savings to do that with.
Just IMHO