Can I live of £15,000 a year?

NotRichAtAll

eskbanker wrote: »

From OP: "At best I will earn £15,000 a year, I'm self employed and live alone"

missed that bit

DragonQ

I live comfortably on ~£17k net and my rent is way higher (£700pm), although I save £1.5k per year on council tax. Just be sensible.

redcard

eskbanker wrote: »

From OP: "At best I will earn £15,000 a year, I'm self employed and live alone"

fridaymorning wrote: »

I'd like very much to hear some ones opinions who understands the joys of life. I have just finished university (at the tender age of 30!) and will be starting work very soon.

OP isn't quite sure if he's working or not.

slopemaster

I lived comfortably until recently on £15 000 (after tax) including paying rent, and saving about £3 000 a year. I didn't have to pay any council tax, and I was able to walk pretty much everywhere as I lived in town.

geelamch

I really fail to see the point of the uni course, no specific qualifications required for you're occupation.
Is it not the case that you would like to be a professional student?
Why did the taxpayer fund your ex years uni education ? Surely you had aspirations to improve yourself

mgdavid

geelamch wrote: »

I really fail to see the point of the uni course, no specific qualifications required for you're (you meant your BTW) occupation.......

Sadly you appear to not know very much about forestry, arboriculture and tree surgeon work.

Loanranger

Get a second job, that's what I did to make ends meet.

callum9999

I don't think you can have it both ways. If you're happy settling for a labouring job for the rest of your life (although a couple of people are whinging about wasting qualifications, you need to do what makes you happy - not what people expect you to do) then that's great, but you'll have to live on a labourer's wage.

You certainly can live ok on that wage, but it depends on your attitude. I personally live on far less than £15k a year but I'm used to spending as little as humanly possible and don't mind it (though as that is what's funding the months of foreign holidays I take every year, I have a pretty good incentive!). If you want to earn more than that and have a decent amount of disposable income, you'll have to find a different job to do that offers progression - even if it's something you won't like as much.

BillJones

mgdavid wrote: »

Sadly you appear to not know very much about forestry, arboriculture and tree surgeon work.

Why do you bring up these skilled jobs when the OP tells us he'll be a labourer?

That is the job that it seems unlikely that you need a degree for.

mgdavid

BillJones wrote: »

Why do you bring up these skilled jobs when the OP tells us he'll be a labourer?

That is the job that it seems unlikely that you need a degree for.

'I work in forestry' - these are the aspects of forestry that need qualifications - you said none was needed. If his degree is in a relevant subject and he can discover some ambition he could do better over time.