What do you think of this one? |
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767nutter
Chief Pilot Joined: 09 Jul 2008 Location: Norfolk, UK Points: 1330 |
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And 634 to live on per month isn't exactly great considering you're 70k in the hole
As i said though if he was still living with his parents i dont see the problem,
Definitely worth bearing in mind that at some point in your twenties (hopefully!) you will be wanting to move in with a partner, start a family, get going with a pension, go on holiday etc. All seem very distant in your late teens, but when considering taking out a loan which will reduce your income to £634 a month, its certainly a concern. I certainly couldn't afford to live 'comfortably' on anything less than £1000 pcm, and I don't have a particularly lavish lifestyle. Its a very expensive world to live in! Just filling my car this morning cost £55
Are you saying you cant live on less than £1000pm if you were alone or living with a partner? 9.89 * 45 * 52 = 23,142 (45 hours per week, no holidays!!!)
You get paid holidays dont you? I certainly do anyway. |
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Martyn
Just Flight Staff Development Manager Joined: 31 Mar 2008 Location: Huntingdon, UK Points: 7615 |
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I live with a partner, who earns, and couldn't live comfortably on less than £1000pcm. That would include putting away some money each month though, but that's vital if you are running a household. Example: Mortgage on a first home = £500-700 pcm Food for two = £200 pcm Petrol = £100 pcm Bills = £300 pcm Add to that a loan which costs £650 pcm and you need to be earning a fair bit to cover your overheads. Its an expensive country to live in! |
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Martyn
Just Flight Ltd |
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MartinW
Moderator in Command Joined: 31 Mar 2008 Location: United Kingdom Points: 26722 |
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Thats a lot of petrol compared to me MartYn. I spend £36 pm.
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TomA320
Chief Pilot Joined: 02 Apr 2008 Location: Perth Scotland Points: 10235 |
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I spend £36 pm.
That's very presise Martin
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Martyn
Just Flight Staff Development Manager Joined: 31 Mar 2008 Location: Huntingdon, UK Points: 7615 |
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But not as much as I used to spend when Natalie lived in Bournemouth, £230 a month! |
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Martyn
Just Flight Ltd |
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TomA320
Chief Pilot Joined: 02 Apr 2008 Location: Perth Scotland Points: 10235 |
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£230 a month, that's a hell of a lot. What type of car did you have? |
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MartinW
Moderator in Command Joined: 31 Mar 2008 Location: United Kingdom Points: 26722 |
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Martyn drives around in fist gear with his foot flat down, wheels spinning, chav music blaring from the open window, while texting on his mobile.
Init!
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Martyn
Just Flight Staff Development Manager Joined: 31 Mar 2008 Location: Huntingdon, UK Points: 7615 |
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I was driving a 1.4 petrol that did around 38mpg. Unfortunately I was doing up to 1300 miles a month! The things we do for love...
Sounds more like SamR to me |
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Martyn
Just Flight Ltd |
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SamR
First Officer Chargin' ma lazers! Joined: 02 Apr 2008 Points: 496 |
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Im working on it! being that my average fuel cost is never below £220 pm and thats just getting to JF Towers and back |
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Martyn
Just Flight Staff Development Manager Joined: 31 Mar 2008 Location: Huntingdon, UK Points: 7615 |
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Time to get rid of the Ferrari!
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Martyn
Just Flight Ltd |
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GEOFFERS
Chief Pilot Joined: 08 Jun 2010 Location: EGBG Points: 1216 |
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Martyn try SWEDON if you think the UK has a high cost of living. SWEDON nothing cheap at a beer about £8 a pint medical drugs beyond most UK people. I know someone who has gone to work there {computer annualised for a bank} they put on a great C130 disply
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It's easy to make a small fortune in aviation. You start with a large fortune.
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MartinW
Moderator in Command Joined: 31 Mar 2008 Location: United Kingdom Points: 26722 |
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Just filled it up Tom. Usually around that figure. Can't drive far due to my back injury.
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767nutter
Chief Pilot Joined: 09 Jul 2008 Location: Norfolk, UK Points: 1330 |
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Well i live with my partner, i earn about £960pm, my wife probably earns about £100 more.
together with our wages we live comfortably to be honest,
Mortgage: £500pm
Council Tax: £110pm
Electricity and Water: Approx £55pm
Oil: works out about £25pm
Fuel: £350pm, i spend about about £210pm on the fuel as its a 60 miles round trip just to travel for work, add social travel on top of that im doing about 350+ miles per week.
This does leave us about £800 left over however
Im not saying i can afford to pay the training loan as i know i wont, what i was trying to get across is if Tom is still living with his parents he wouldnt have all these bills. If he gets into flight training soon and is done by the time he 21/22 i think he will still be enjoying himself to settle down long term.
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Slopey
Moderator in Command AirHauler Developer Joined: 11 Jun 2008 Points: 8280 |
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I'm not saying it's not possible, im just saying it's not desirable unless you want to live with the folks and have no social life.
But its up to the individual on what they do with their lives. My only point is get proper impartial advice and do not believe the hype or the people who's livelihoods depend on you signing up for training in a depressed job market. Anyway, we seem to be going into minutae and in circles, so let's leave it there |
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AirHauler Developer
For AH2 queries - PLEASE USE THE EA Forums as the first port of call. |
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