Can I Do This Myself?

GoldenShadow

no1wf wrote: »

We're not an Express but I don't think we're anywhere near a Superstore we've only got 12 aisles, 13 tills (inc 1 basket till) and 4 self serve checkouts lol I've seen a lot of people move departments easily enough and also seen a few people move and then step back again if it wasn't for them. So I'll definitely be having a crack at it I think

Metro?

The less people in your store the more extra hands higher up they like. Its a lot easier to showcase yourself and be given a chance because its of more use to them in smaller stores. Speaking from experience

Suarez

no1wf wrote: »

Currently only £450 a month income with expenses being

£40p/m petrol
£60p/m insurance
£80p/m rent
£26p/m phone

That leaves £244 per month. That will take 7 years to get to £20k and that's without other spending and car bills etc.

kingstreet

It's worth remembering, lenders tend to use gross annual income. If you have a lower income, more of your income goes on "subsistence" expenses, so you'll tend to see a lower income multiple.

For example, the Halifax affordability calculator returns a maximum mortgage of £29,700 for a thirty year term for someone on £10k per annum. Halifax is one of the more generous lenders.

This works out at less than 3x gross annual income.

If you earn £15k, the output increases to £66,440, more than 4x income. At £20k, it's £100k, the maximum of 5x.

These figures fall back if you have credit commitments and/or dependents, such as children.

Suarez

no1wf wrote: »

I literally cannot think of anything, and the thought of going to uni and racking up debt just makes me think no one will lend me anything with student loans needing to be paid off.

You don'e have to go to Uni to get qualifications. You can do part time courses at the local college for a few hundred pounds that will help with getting better jobs. NVQs, Diplomas etc.

bigadaj

Suarez wrote: »

You don'e have to go to Uni to get qualifications. You can do part time courses at the local college for a few hundred pounds that will help with getting better jobs. NVQs, Diplomas etc.

Take his advice or its bitey bitey!

no1wf

GoldenShadow wrote: »

Metro?

The less people in your store the more extra hands higher up they like. Its a lot easier to showcase yourself and be given a chance because its of more use to them in smaller stores. Speaking from experience

I don't think it's a Metro either, it doesn't have Metro on the sign outside anyway lol but I agree yeah that must be why people can move around so easily. I didn't get to see the right person today but I'll be asking as soon as I see her.

Suarez wrote: »

That leaves £244 per month. That will take 7 years to get to £20k and that's without other spending and car bills etc.

I know which is why I'm saving all I can at the moment, doing as much overtime as I'm getting offered and I'll be asking if there's a job available on the other department to take me up to full time. Then possibly work my way up to team leader

kingstreet wrote: »

It's worth remembering, lenders tend to use gross annual income. If you have a lower income, more of your income goes on "subsistence" expenses, so you'll tend to see a lower income multiple.

For example, the Halifax affordability calculator returns a maximum mortgage of £29,700 for a thirty year term for someone on £10k per annum. Halifax is one of the more generous lenders.

This works out at less than 3x gross annual income.

If you earn £15k, the output increases to £66,440, more than 4x income. At £20k, it's £100k, the maximum of 5x.

These figures fall back if you have credit commitments and/or dependents, such as children.

Thank you for that I'm hoping to be working full time and then possibly move up to team leader one day which pays more. I'm hoping my bf will change his mind about things once he is in a more secure job and I am full time, ideal situation with his income too we'll be earning at least 10k each so hopefully we'd be able to be lent around 100k

wannahouse

even learning how to do something like spray tans, and work mobile can earn you alot of money (if you live in an area where people like to tango!)
working for yourself ,with something like that certainly does not take alot of money to set up, but you have to have some people skills..people have to like you in order to want to ask you into their home to do a job, and refer you onto more customers, but i assume you are a likeable person...
now spray tans or false nails may not be your thing, but its just an example of something you can learn, that doesn't take years or loads of money to set up...
heck, for the price they charge in some areas for waxing, you could end up with a mansion (if you could bring yourself to do brazilians at £50 a pop!) theres some things i just could not do for money, but there is money out there to be made...lol!
if you take some time to look around and think outside the box, i'm sure you'll have an epiphany!