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Income support and savings/capital.
Comments
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In her case she still had six monthly installments on laser eye surgery repayments to make (£1200).
That's exactly the sort of regular expense above the norm that I referred to in my initial post.
And if she hadn't paid that £1200, her money would have gone down only by £1300. That nicely illustrates my point about how the spending rate might be viewed differently because without that commitment the spending rate would only have been about half what it was.
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missapril75 wrote: »Remembering, of course, the £14k capital and how that's invested.
How do you figure that out? She only had £11k in savings originally and now as ~£8k.“You can please some of the people some of the time, all of the people some of the time, some of the people all of the time, but you can never please all of the people all of the time.”0 -
~Chameleon~ wrote: »How do you figure that out? She only had £11k in savings originally and now as ~£8k.
Oops, my mistake. I read it as 11 plus 3 as opposed to 8 + 3.
Luckily, all's well that ends well. 0
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