I need £1k per year in savings

aurongrande_2

JimmyTheWig wrote: »

I don't think the OP does have health problems that prevent him from working in the UK. He's listed various jobs that he's at least tried. Some (e.g. cleaning) that he was good at.

The only thing stopping him from getting a job in the UK is the availability of jobs.

Whether that will still be the case in 5 years time I don't know. But saving up money in the meantime has got to be a good plan whatever he then decides to do...

Thank you for mentioning that.

aurongrande_2

davester wrote: »

YOU will need a degree. I also erge you to do a degree related to a subject of English,Science or Maths as their is always a huge shortage of science and maths teachers in bilingual schools. Or just do a straight TEFL degree or PGCE. and get the top jobs in International schools. Bilingual and government schools which on average pay half the salary of what you could earn as an International school teacher with PGCE qualifications.

The Access to Higher Education course covers English one at least 2 subjects.

JimmyTheWig

aurongrande wrote: »

I did mention the £70 a month recovery after I've paid up my credit card. My balance is showing that I have £645.24 left to pay. Paying at £70pm that comes to 9 months. However, there is the interest rate, but that would only add a month or 2 at worst.

£70 comes too £840 a year, that's £4200 in 5 years. That's not including interest rates. But yes, I would need that little extra income to help boost it.

Not sure what you mean by "recovery" here.

Remember that it won't be £4200 in 5 years as most of the first year will be taken up paying the credit card.

But even so, you are much, much closer to your target than your first post suggested.
So, which of the ideas so far do you like the sound of to make that £20-£25 a month?

Kate78

aurongrande wrote: »

Simple answer really. I am not completely unfit for work, just restricted to what sort of work. However, the work that I can do, is very hard to find and get into.

Ah OK, I didn't mean to pry. Good luck with your plans.

lalli_pickle

So have you made any decisions yet?

aurongrande_2

JimmyTheWig wrote: »

Not sure what you mean by "recovery" here.

Remember that it won't be £4200 in 5 years as most of the first year will be taken up paying the credit card.

But even so, you are much, much closer to your target than your first post suggested.
So, which of the ideas so far do you like the sound of to make that £20-£25 a month?

What I mean by recovery, is that once the card is paid off, I will have £70pm recovered from my bills.

aurongrande_2

lalli_pickle wrote: »

So have you made any decisions yet?

Not really. Still sussing out how to get the extra income, but I do know what I want to do in the long run.

I did receive a private message from someone called Beneze1 referring too working for Kleeneze. Basically, it's an Avon system of shoving a catalogue through letter boxes and recovering the catalogues on certain days along with any orders requested.

Only problem is, the only mail order catalogue round here that is accepted is Avon, but the whole town and surrounding area is saturated with Avon.

I'll keep looking and planning.

JimmyTheWig

aurongrande wrote: »

What I mean by recovery, is that once the card is paid off, I will have £70pm recovered from my bills.

That's not how your first post read to me.
You were saying that you need to save a thousand pounds a year, when you actually only need to save a fraction of this.

oldmotherreilly

I'm not an expert on IB but if you generate more income, would this not lower the benefits that you are entitled to? I know that DLA is paid regardless of the earnings you generate but is IB the same then?

aurongrande_2

oldmotherreilly wrote: »

I'm not an expert on IB but if you generate more income, would this not lower the benefits that you are entitled to? I know that DLA is paid regardless of the earnings you generate but is IB the same then?

Yes and no. It all depends on how many hours a week you do, and/or how much income you get. When you start earning so much, then they start knocking the difference off your IB. I think it's 16hrs a week, but I can't remember the amount of money.