How much do I need to pay as an apprentice?

cattermole

ZakA wrote: »

You felt rich with £15/week?

It was a long time ago.....like a lifetime and yes it was probably about the same as you will have now.

http://www.thisismoney.co.uk/money/bills/article-1633409/Historic-inflation-calculator-value-money-changed-1900.html

Quite fun to see how things have changed

It actually works out to be the equivalent of £132.48 per week today
so pretty close.

ZakA

cattermole wrote: »

It was a long time ago.....like a lifetime and yes it was probably about the same as you will have now.

Quite fun to see how things have changed

It actually works out to be the equivalent of £***.** per week today
so pretty close.

Oh LOOL it makes sense now

cattermole

ZakA wrote: »

Oh LOOL it makes sense now

Make the most of it while you can, before you have your own bills to pay, a partner, kids, a mortgage etc.

Your only young once so enjoy x

Jobseeeker

StormyWeather wrote: »

Presumably, the parents will lose tax credits and child benefit and would ask him to make up the loss if he continues to live there.

Mum and dad need to go through the benefits calculators and work out what they will lose and take it from there.

They wouldn't have been getting them either way because he's not in f/t education

ZakA

Jobseeeker wrote: »

They wouldn't have been getting them either way because he's not in f/t education

I was, just a week ago.

cattermole

Some apprenticeships do count as f/t education I believe up to Level 3 and certain circumstances.

allroadsleadtohome

cattermole wrote: »

I don't agree parents should take all the money and sort it out though once you start work which is in affect what it is. Young people need to learn to manage their own money.

I think a fair amount is 1/3 of income for board and keep. Obviously this will vary according to personal circumstances. If one had to get a room it would be a minimum of £70 a week + food.

Sorry, I didn't mean that I gave my parents all my money. I meant that I gave them enough to cover my rent and things like that, e.g. food, bills, etc but they would pay everything we owed at the same time so in effect, they sorted it out for me. And my food, etc was bought in the family shop. Anything else I wanted, I stumped up myself and I bought it so I did know what my money was going on and was managing it myself - I just wasn't sifting it into all the different places Sorry, if I wasn't clear



Glad your first day went well ZakA

paddedjohn

OP, looks like I was a bit quick off the mark in my earlier post hinting that you may be a troll, ive become very cynical lately with what appears to be a new troll every day. After reading the thread as it has unfolded I see you appear to be a genuine poster and I wish you all the luck in your new career.

xoAmyox

ZakA, please take this apprenticeship as a massive positive for you.

I feel similar to you in that I was expected to do well in school (I came out with average grades), I didn't complete my A levels, but did well enough to get into uni.

However, once I got to uni, I found it really wasn't for me, it felt like just a 3 year gap to put off the inevitable of actually getting a career.

At 19, I dropped out and took an apprenticeship on £100 a week (not living at home and I also had a child to support). This was the best decision I ever made; it wasn't the money, and it wasn't the dream job straight away. But it gave me the skills and knowledge of a workplace in order to build a career.

Now I am 24, and I feel I have a fully fledged career, I think I earn well and enjoy what I do because I chose it.

You are still very young, and have the world at your feet so to speak. Enjoy the time you have still living at home, as you will feel very well off with the amount of disposable income you will have.

cattermole

allroadsleadtohome wrote: »

Sorry, I didn't mean that I gave my parents all my money. I meant that I gave them enough to cover my rent and things like that, e.g. food, bills, etc but they would pay everything we owed at the same time so in effect, they sorted it out for me. And my food, etc was bought in the family shop. Anything else I wanted, I stumped up myself and I bought it so I did know what my money was going on and was managing it myself - I just wasn't sifting it into all the different places Sorry, if I wasn't clear



Glad your first day went well ZakA

Thanks for explaining