How much should I get paid each month on £20 K PA

Bennah · 7 Apr 2006 at 13:12

Rotty said:
a lot of folks generally do not want people to know their earnings though tbh I don't see it as a big deal , among the regular members of this forum a lot could be worked out anyway , we know what cars each other drives where we go on hol etc so you can get a good idea

Yea I hear you.

Ive got no car, but a £350 bike to get me about

, Live at home, paying no rent atm and £0 income for my self. Unemployed atm, but waiting for my Appreticeship to start very soon

The money I saved when I was worked is getting drained from my bank account everyday, oh well, off to the Pub I go in a min. Meeting my GF later and we should have a good night on the beer

Scuzi · 7 Apr 2006 at 14:09

Disposeable income, whats that then?

I take home a decent wage but by the time all my deductions are taken, I'm about a grand short each month

booyaka · 7 Apr 2006 at 14:10

Scuzi said:
Disposeable income, whats that then?
I take home a decent wage but by the time all my deductions are taken, I'm about a grand short each month

time for a new job me thinks!!!
or cut the spending!!

Phantom · 7 Apr 2006 at 14:11

Scuzi said:
£1276 according to http://www.ir35calc.co.uk/

thats a useful site

Scuzi · 7 Apr 2006 at 14:13

booyaka said:
time for a new job me thinks!!!
or cut the spending!!

No no, I mean I get about a grand deducted from my gross pay every month. My spending isn't that bad.......yet! :eek:

Freefaller · 7 Apr 2006 at 14:33

Bear in mind you have to deduct student loan as well (if you have one) - it takes £120 out of my salary every month

penski · 7 Apr 2006 at 14:52

Rotty said:
a lot of folks generally do not want people to know their earnings though tbh I don't see it as a big deal , among the regular members of this forum a lot could be worked out anyway , we know what cars each other drives where we go on hol etc so you can get a good idea

Thats the thing - there are always exceptions to the rule.

My car cost me £400 and I rarely take a holiday but I enjoy a very comfortable existance and want for nothing.

Then you'll have people who have a brand-new, expensive car, two holidays a year, debt up to their eyeballs and who have to seriously budget if they want to buy anything.

*n

D4VE · 7 Apr 2006 at 15:00

What car you drive is perhaps the most inaccurate indication of your income.

Some people are loaded but have no interest in cars and hence drive a cheap old rotter.

Others earn very little but must have a new BMW or something so get finance loans etc and after they are paid every month dont have 2 pennies to rub together.

Then there are company cars muddying the issue further.