What do you consider a 'decent' salary (non-London)

Googlewhacker

jojo90 wrote: »

55 & 60ish.

Not great I know but the chance to build up some assets over 3 years will put me in such a better position long term it just seems right to endure a little pain now..

Well stop going on 6k holidays then!!!!!!

a 1k holiday for one person is more than adequate and then you are saving 5k a year.

YOU DO NOT NEED TO GO BACK HOME!

BlueAngelCV

If my 29 year old who owned a home and was owning over £50,000.00 wanted to move back home I would either tell them where to stick it or be looking for some fairly substantial rent. Why should I subsidise them?

It's pretty clear that you don't need to move back home at all but are just looking for an easy life.

PasturesNew

Set yourself a challenge to "live on fake JSA for one month".

So, pay your mortgage and council tax, pay your travel to work, then pay your usual utility bills. Then take £30 for yourself and live on that for the week. Try that for 5 weeks. If you want to use your car, charge yourself 20p/mile (it's probably more than that) out of your £30. Having to cheat/guesstimate because your bills are going out automatically and you've got the lodger money .... etc... but, if you try to live on £30/week (food, things, etc), then it'll make you realise just where you're handing over money without thinking about it.

hoyles10

£50,478 + £4500 at the age of 29 and you don't think it's enough?? Surely you can't be serious.

I'm 30 now and i'm returning to work after being off for 2 years and I have a chance of a job paying £12000 and if I got it I would be over the moon. If I got one that paid £50k I don't think i'd ever look for another job as that would easily do me and my family for a year with savings and a couple of holidays a year.

I do sort of know how you feel though, when I was 22 I was earning £40k + and to be truthful I drank, partied and holidayed my way through it all for a couple of years then the company I worked for collapsed and everything came crashing down around me. I got another job that paid £19,500 and found that if I cut my needless spending right down I could still live happily on that.

If I were you I would be made up with the wage you're on and can easily live very happily living as though you earn £30k a year and saving the rest for a rainy day.

When I fell ill a couple of years ago and I had to give up work and my wife had to give up to care for me full time our savings very quickly went as the bills still needed paying, that was our rainy day money and we were lucky we had it. You never know what's round the corner so try your best to save for a rainy day.

jojo90_2

I can genuinely see all you points but I just seem to f*** up somehow each month in a few small ways that add up. So easy just to make minor mistakes that really cost ££.

Person_one

PasturesNew wrote: »

Set yourself a challenge to "live on fake JSA for one month".

So, pay your mortgage and council tax, pay your travel to work, then pay your usual utility bills. Then take £30 for yourself and live on that for the week. Try that for 5 weeks. If you want to use your car, charge yourself 20p/mile (it's probably more than that) out of your £30. Having to cheat/guesstimate because your bills are going out automatically and you've got the lodger money .... etc... but, if you try to live on £30/week (food, things, etc), then it'll make you realise just where you're handing over money without thinking about it.

Ooh, good idea!

Get the £3o in cash ready at the start of the week, no cards allowed.

DCFC79

6k for holiodays, jeez wish i could spend that much on holidays, i think £500 a year is a decent amount for 1 person, seriously look at your soa and say to yourself do you need this/that. Wish i could earn 50k a year, id definitely be set for life

jojo90_2

PasturesNew wrote: »

Set yourself a challenge to "live on fake JSA for one month".

So, pay your mortgage and council tax, pay your travel to work, then pay your usual utility bills. Then take £30 for yourself and live on that for the week. Try that for 5 weeks. If you want to use your car, charge yourself 20p/mile (it's probably more than that) out of your £30. Having to cheat/guesstimate because your bills are going out automatically and you've got the lodger money .... etc... but, if you try to live on £30/week (food, things, etc), then it'll make you realise just where you're handing over money without thinking about it.

You know what.. that's a really good idea... aside from my friend's 30th on 17th (she'd kill me if I didn't go to London and that's easily a £200 night).. I think I might just give that a go .

jojo90_2

DCFC79 wrote: »

6k for holiodays, jeez wish i could spend that much on holidays, i think £500 a year is a decent amount for 1 person, seriously look at your soa and say to yourself do you need this/that. Wish i could earn 50k a year, id definitely be set for life

Yeah I totally get that... but the holidays enable another of my true passions and life is dull without being able to look forward to the things that make you feel alive .

Oldernotwiser

Where does all your betting figure in your finances?