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Benefit Q
HaggisMan_2
Posts: 35 Forumite
Are you allowed to spend benefit money on anything you want? ie I was thinking about buying gold "bullion" bars but wouldn't the benefit people need to know about such purchase as it is technically an investment as gold generally goes up in value?
It's partly an investment but partly 'cause I just think it's a cool thing to own.
It's partly an investment but partly 'cause I just think it's a cool thing to own.
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are you bored?:heartpuls baby no3 due 16th November :heartpulsTEAM YELLOWDFD 16/6/10"Shut your gob! Or I'll come round your houses and stamp on all your toys" The ONE, the ONLY, the LEGENDARY Gene Hunt :heart2:0
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I goto college part-time but I do have quite a bit of free time and a little money to spare.0
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A genuine benefit claimant would not have money to spare to buy any 'luxuries', let alone gold bullion!
You could spend your spare time in employment, and therefore not needing to claim benefits?Gone ... or have I?0 -
I goto college part-time but I do have quite a bit of free time and a little money to spare.
I take it you're not studying irony then :rolleyes::heartpuls baby no3 due 16th November :heartpulsTEAM YELLOWDFD 16/6/10"Shut your gob! Or I'll come round your houses and stamp on all your toys" The ONE, the ONLY, the LEGENDARY Gene Hunt :heart2:0 -
Could you just answer my original Q?0
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We are interested in your circumstances, and can't really give an answer without the information.
How much does a bar of gold bullion cost these days?Gone ... or have I?0 -
You can buy what you like with your money.
You will get asked about the value of investments and as long as you declare your savings and investments, you need not worry.0 -
1g gold bar sells for about £20 on ebay UK. 5g may sell for £80
I know people on benefits that spend more than that on DVDs and alcohol.0 -
1g gold bar sells for about £20 on ebay UK. 5g may sell for £80
I know people on benefits that spend more than that on DVDs and alcohol.
If that is all you are planning to spend then I don't know why you are asking the question. It is hardly going to take you near the savings thresholds!Gone ... or have I?0 -
1g gold bar sells for about £20 on ebay UK. 5g may sell for £80
I know people on benefits that spend more than that on DVDs and alcohol.
You are awfully interested on what *extras* you can have and possibly even *hide* from the DWP
:heartpuls baby no3 due 16th November :heartpulsTEAM YELLOWDFD 16/6/10"Shut your gob! Or I'll come round your houses and stamp on all your toys" The ONE, the ONLY, the LEGENDARY Gene Hunt :heart2:0
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