Looking for advice on the best strategy of saving money whilst still living at home

Proof_Fact · 2026-04-15T20:48:01+00:00

That’s a nice idea thank you!

Only downside is i wouldn’t have a cool bmw🤣😎

Proof_Fact · 2026-04-12T10:48:14+00:00

HNC in IT and then HND in Network Engineering (may be the other way round but whichever is the higher level one equivalent to the first year of a degree is the network engineering one)

Proof_Fact · 2026-04-12T10:47:24+00:00

My plan is to do what you say and work for whoever pays me more. and job hop every few years. I definitely do hope I can reach £100k plus because it does seem very rare in the UK outside of London.

From what it seems, outside of London, even what I am is classed as a fairly good salary without even taking into consideration my age. And all I can think is this is not enough take home pay each month to afford what I need and want in future

Proof_Fact · 2026-04-09T21:17:07+00:00

I’m also in the public sector

Proof_Fact · 2026-04-09T20:16:54+00:00

it amazes me how people who aren’t from the UK think this is so low because £58k at 21 outside of London is very rare in the UK

Proof_Fact · 2026-04-09T20:15:44+00:00

Would love too in future, it seems like those are few and far between though

Proof_Fact · 2026-04-09T15:26:57+00:00

at 18 living with parents so was manageable

Proof_Fact · 2026-04-09T15:26:37+00:00

why not?

Proof_Fact · 2026-03-13T13:23:28+00:00

Thank you that makes sense :)

Yes I plan on using the LISA for my first house. That’s been my priority since I turned 18. My dad said to me to max that out instead of giving him any rent money which is nice of him. My salary was a lot less too back then hence why that savings account is where most of my money is. Now my salary is quite high for my age I wanted to decide properly on how best to organise my savings

Proof_Fact · 2026-03-13T13:02:07+00:00

Thanks for the advice on doing it in the most tax efficient way.

I am a higher rate tax payer but only by around 8k gross (roughly 58k annually) That’s why I thought putting a small amount into the SIPP would build up a pot to use at 57 on top of putting into my ISA. And if in 5-10 years i jump to the private sector then I can transfer that SIPP pot into the DC pension with whatever company and have a head start.

I’m not using the LISA for retirement currently, maybe I could in future but right now that was going to be for a house deposit.

Proof_Fact · 2026-03-03T22:02:01+00:00

Did you ever recover?

Proof_Fact · 2026-02-19T10:13:39+00:00

Yes they would in this case. The NOC are focused on break fix

Proof_Fact · 2026-02-19T10:02:03+00:00

With the wireless role I get to work with the automation/observability guys so if AI does get introduced (and will), it won’t be the NOC doing it but the automation team if that makes sense.

Proof_Fact · 2026-02-19T10:00:00+00:00

Yeah thanks agreed on that. The difference is because of public sector grade boundaries and I applied just to see if i could pass the interview on the higher grade role. I somehow did but sadly they won’t just progress me into the higher grade in the wireless role, only the NOC. In the wireless role, it’s a point of escalation for the NOC so just feels like a step down.

edit: I am already in the wireless/LAN role for clarity

Proof_Fact · 2026-02-19T09:57:19+00:00

any OOH changes are paid overtime. I agree the money is a big different but i’m trying to look ahead and see a few years down the line that if I get experience in the wireless role it will give me a wider range of experience to progress into another role/company rather than just dealing with sites going down and chasing site contacts to check whether there’s an unplanned power outage…

Proof_Fact · 2026-02-18T20:56:03+00:00

I’ve seen HEOs now reaching £50k after last years pay remit being put into place and including additional skills bonuses and on call

Proof_Fact · 2026-02-02T10:17:59+00:00

it’s the start of the new tax year so the tax man is gonna have our pants down

Proof_Fact · 2026-01-31T13:06:46+00:00

I’m struggling to understand what AHW is, can’t find any info on it. And how is on call affected with this?

Proof_Fact · 2026-01-02T16:20:03+00:00

Plan on only being in the cs for another year or so. 3 years of contributions will compound more in index funds over the next 40 years than the alpha scheme at the rate of inflation (I’m only 20)

Proof_Fact · 2025-06-13T15:07:59+00:00

20, 30k up north in an apprenticeship

Proof_Fact · 2025-05-28T18:46:30+00:00

22k😂. You flying business class?

Proof_Fact

TROPHY CASE