(no subject)

[pez]

How much do you think living costs (including eating, travelling, utilities, clothes, books etc) will be when I start work...?

Just doing a quick calculation to see if my future salary will be able to cope ~_~ NI is deducting 23%!!! *weeps* This country is so nutters.

Comments

[ex-semishade366.livejournal.com]

Income tax 22% taxable salary (40% is the rate for salaries over £30k)
National Insurance 11%
Plus you'd need to consider pension provision.

All the juicy details are here (http://www.inlandrevenue.gov.uk/rates/it.htm). Not that I'm trying to depress you or anything...

[yuki-scorpio.livejournal.com]

*weeps* 33% in total not counting pension...?

*calculates* OMG... ;_;

*plans to get parents to help her with rent*

[ex-semishade366.livejournal.com]

It would include the basic state pension but you really don't want to rely on that because (1) it might not be around when you retire and (2) it's pitiful.

[ex-semishade366.livejournal.com]

ps Don't know if it's an option for you, but if your parents are in a position to help put financially, then you might want to discuss options other than rent. Friend of mine got her father to pay the deposit on her first house when she was a student, then rented rooms out to other students to cover the cost of the mortgage. She's quids in now.

Rent is a soulsucker...

[yuki-scorpio.livejournal.com]

My dad had been planning to buy a flat/house here, but then the housing boom started x_x With the way things are going in my family though, it is likely he will buy a place soon... but it doesn't seem like it'll be anywhere near where I'll be working, but a place more convenient for my sister(s). ^^" Which means if I live at home, I'll have to go from London to Essex everyday. Time, cost and unreliably train service... so many concerns >_<

I know! Wish I know what to do... *sigh*