Update from Ratty

Avogirly

Just popping back to the original post for a mo, I have two jobs. The second being in a theatre which is great cos I get paid to watch shows! So perhaps if you are going to do a second job then like others have posted it's a good idea to do it in something you are interested in or enjoy doing!
Good luck with the flat hunting
Avo
xXx

PoundsLookAfterThemselves

lynzpower wrote:

So RRR,
Did you decide what to do, where to live etc?

No, not yet. I been viewing places for the last week and they are all roughly around the same price.

lynzpower

Im just being nosy really, where are you looking?

INcidentally,if the places you are viewing are empty, bargain with them to bring the rent down, lots of voids in some areas. If you are not looking at empty places, look for places that are advertised as "available now" then you know that the LL is losing money daily, and will have room for negotiation

ms_london

red_ratty_rat wrote:

No, not yet. I been viewing places for the last week and they are all roughly around the same price.

I am sure you could find cheaper places. I suppose it would depend on where you are looking & what you criteria is.

I do think that £700 is an awful lot to rent a shared flat each month - especially if you are in debt. Wouldnt you rather start of renting somewhere cheaper & enjoy your time in London or be debt free sooner?

Saban

red_ratty_rat wrote:

Have any of you DFW found a good second job that might be of interest to me or indeed started working in a bar for the first time. The funnier the story the better, any disaster job stories are welcome here!

I have a second job working in a nightclub and its great! I earn around £50 a week after BR Tax and seriously recommend it. You will make loads of friends have a laugh and get paid!:T

lynzpower

good god, I missed that 700 a month!! :eek: or missed that that was what was still being looked at IYSWIM

Thats what I pay on a 2bed flat on a mortgage!!! Dont pay that whatever you do!!!

**purpleprincess**

Huh?! Have I read that right? £700 a month for a shared place?!!

On the question though, I have a second job and I love it!!

Imelda

Hi red_ratty_rat,

Glad to see you're updating us, what areas have you been looking in? You might find that although walking to work is lovely, by moving a few miles out you will save far much more on your rent than you spend on your travel. Also as travel passes are weekly/ monthly you get to do "free" stuff at weekends. Check out the oyster card offers on the tfl website ( https://www.tfl.gov.uk ) for cheap days out and cinema tickets. Let us know what you decide!

Thenotsowyzewun

fishface-69 wrote:

Just a thought though...TAX!!! If you earn (I think!) over £40,000 you go up to higher rate tax and that £100 a month extra can really stuff this up! In which case you'd be better off thinking about cash in hand jobs like pet sitting/dog walking./babysitting etc....hope that helps?

Actually this is a common misconception.
If you earn over £40,000, you pay the Basic Tax Rate on the first £39,999.99 (i.e. approximately £7,700 (this is not accurate - the first £5,000 or so of your earnings is always tax-free)).

Still, you are right in thinking that of every £100 over £40,000 £40 (40%) goes to Income Tax.

What might be of more concern is where Working Tax Credit ends, depending on how close you are to this figure (the Benefits Board would be able to provide such information if anyone's interested).

Besides, since when do people earn over £40,000 doing Pet Sitting and Babysitting (except Royal Butler's of course lol).

Madasafish_Customer_Care

Another suggestion for finding a place to live is have a look at: https://www.moveflat.co.uk. I've always had good results with this site.

Good luck with your move to The Capital!

Kind regards,
Samara