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disposable income???!!!!grrrrr rant

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Comments

  • beanielou
    beanielou Posts: 98,633 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Hi again calmspirt
    Sorry life is so pants
    Get that letter off to them-Ill even send you the stamp!
    How do u keep a sense of humour?
    Take care
    We will all win one day -just not sure when or where!
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.     ***Keep plodding*** Out of debt, out of danger.
    One debt remaining. Home improvement loan. 20 months left.
  • beanielou
    beanielou Posts: 98,633 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    ZTD-Love the bit about 'Eating-its for life , not just for Chistmas.
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.     ***Keep plodding*** Out of debt, out of danger.
    One debt remaining. Home improvement loan. 20 months left.
  • calmspirit
    calmspirit Posts: 2,962 Forumite
    hi beanielou !!
    yep am still here ! mostly lurking but occassionally angry and ranting!
    Have written letter and I have some stamps left over from christmas :-)

    Karma keeps me smiling ....well it's my only hope !

    hugs xxxx
    YNWA JFT96 :A
  • calmspirit
    calmspirit Posts: 2,962 Forumite
    Update!
    LSC wrote back to me after I complained!
    Apparently my house insurance (a requirement of my mortgage) is not 'allowable'

    They say my allowance of 279.00 is for council tax, utility bills and food, this includes 'to cover the monthly costs incurred as a result of looking after your two children' .....so there we have it.....279.00 is the official figure for me and 2 kids .....maybe I should give up work and claim income support .......anybody know how much I would get?

    grrrrrrrrrrrr
    YNWA JFT96 :A
  • Penny2myName
    Penny2myName Posts: 1,614 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Income
    Income Support £229.80
    Child Tax Credit £293.80
    Child Benefit £116.60

    Thats for one adult and two children (4 weekly)
    Added on top
    free School Dinners
    Rent (if council full rebate)
    Council Tax (full rebate)
    2026 Goals
    Live below £14000
    Emergency Fund 1 £3k/£1002
    Emergency Fund 2 £200 (works a bit like Premium Bonds)
    Premium Bonds £1k/£700
    Stocks & Shares Isa £5k/£1651
    SIPP £9200/200
  • calmspirit
    calmspirit Posts: 2,962 Forumite
    thanks Penny

    are you saying that if I didnt work and claimed I would get 640 ish per month to live on? what am I missing? LSC say I need 270 for me and 2 kids?
    Of course I have mortgage to consider.....that is why I work....but if it wasnt for that am I right in saying the basic amount the government give would be 600+ per month? that cant be right? I think I have misunderstood!

    confused now!
    YNWA JFT96 :A
  • Penny2myName
    Penny2myName Posts: 1,614 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Being on income support myself, the figures I have given you are correct (actually slightly wrong, not looked at new amounts for this financial years as waiting for new amounts to go into bank account)
    2026 Goals
    Live below £14000
    Emergency Fund 1 £3k/£1002
    Emergency Fund 2 £200 (works a bit like Premium Bonds)
    Premium Bonds £1k/£700
    Stocks & Shares Isa £5k/£1651
    SIPP £9200/200
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