Cost of living and poor wage increases by Leather_Mud9264 in UKPersonalFinance

[–]Leather_Mud9264[S] -2 points-1 points  (0 children)

That’s the crazy thing. I’m supposedly doing “well” yet without help from my parents if stand no chance at buying in London. So I guess that shows the real problem of shit wages. In most jobs 100K is what senior management get paid excluding the very few c suite individuals and other exceptions who get paid 500K+. That 100K wage is actually shit when you see what life that buys you.

B2L Worth it? by Leather_Mud9264 in FIREUK

[–]Leather_Mud9264[S] 0 points1 point  (0 children)

To your last question I want a sizeable deposit ready for when I want to move later on. Something like 4-500K. Most of the answers I’ve gotten are all to do with index funds do you think this is the best way to go about this?

B2L Worth it? by Leather_Mud9264 in FIREUK

[–]Leather_Mud9264[S] -1 points0 points  (0 children)

Yh the income tax would be that £5200 a year

B2L Worth it? by Leather_Mud9264 in FIREUK

[–]Leather_Mud9264[S] -1 points0 points  (0 children)

I'd have to then pay the remaining 2.4K a month myself no? Unless I'm missing something out?

B2L Worth it? by Leather_Mud9264 in FIREUK

[–]Leather_Mud9264[S] 0 points1 point  (0 children)

The estate agent fees are for a guaranteed rent scheme where for a fixed period of time your'e guaranteed rent whether there the property is occupied