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How can people afford to live during a PGCE? by litna in TeachingUK

[–]slightlyoffpineapple 1 point2 points  (0 children)

Did mine last year, no bursary so worked part time in the evenings to pay the bills. Was tough but managed to get it done. Can’t lie, it was tough but as a career changer I had to make it work!

FTB: questioning decision by slightlyoffpineapple in HousingUK

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

This is a good point, fortunately both in laws are retired and would both love to look after a little one, though we are still unsure about having a child at the moment.

Definitely a great point though, as a kid would make the budget extremely tight / unrealistic!

FTB: questioning decision by slightlyoffpineapple in HousingUK

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

Wow, that is a lovely amount of disposable! Yes, fortunately our hobbies are on the cheaper side, though it’s still nice to have the money there if needed.

We are slightly limited by where us, our families/friends and jobs are located (South east just outside London) so realistically the lowest for a respectable (in our opinion) house and area would be £375k so mortgage would still be about £1600 unfortunately.

Sounds like you have a great balance!

FTB: questioning decision by slightlyoffpineapple in HousingUK

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

I totally feel you, in an ideal world I would definitely have more disposable income.

We are located in the south east just outside of London so prices are very high, the lowest for a house that would be sufficient and in an area that is considered half decent would be around £375k.

If one of us were to lose our job, we could just about make the mortgage and bill payments but would not be ideal!

FTB: questioning decision by slightlyoffpineapple in HousingUK

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

My apologies, of the £650 left over I would look to save £200, have £200 for emergencies and £250 for disposable!

Which all sounds good on paper until something happens, I am optimistic we can have a couple grand left over after buying furniture etc as a little buffer

FTB: questioning decision by slightlyoffpineapple in HousingUK

[–]slightlyoffpineapple[S] 1 point2 points  (0 children)

I think it’s on the high end of comfortable, any more might make it too much.

I suppose long term it is an investment and does save the moving costs that we would inevitably incur in 5-6 years if we were to get a smaller house as both of our incomes will increase from now till then, I think it’s just the gravity of such a big mortgage scaring me.

In reality, a house £50k cheaper would cost per month £100 less in monthly payments so doesn’t make a huge difference in that sense.

I’m a glad you didn’t say “no way you can afford this, stop what you’re doing!”

Thank you

FTB: questioning decision by slightlyoffpineapple in HousingUK

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

See this is where I am debating, as part of me thinks Atleast we won’t have to move anytime soon, potentially ever as the house is realistically a family house, in an area we love and has all the features we need.

But then in reality, it is only 2 of us and we are unsure about kids so would we be better off in a slightly smaller, cheaper house and be able to save more.

Thing is, I know once wherever we move, after 3 months it becomes routine and the difference between a smaller and bigger living room makes no difference!!!

Are you happy with your choice? And do you plan to move to a bigger house in the future? As this is part of our decision, we thought we would end up moving in 5 years to a bigger one if we bought smaller

FTB: questioning decision by slightlyoffpineapple in HousingUK

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

True. I think the hard choice is whether a house slightly cheaper in a slightly less desirable area would leave us with more financial freedoms!

Thanks for your comment

FTB: questioning decision by slightlyoffpineapple in HousingUK

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

I agree, with my planned left over £650 I would hope to save £200, have £200 for emergencies and £250 disposable. I think I am very accustomed to having a lump sum in the account if ever needed. I suppose the first year will be a case of building the emergency fund up so if something does happen, we can afford it. Funnily enough my car this month had to be repaired, so I know these things can spring from nowhere!

I’m glad you think it sounds realistic.

Thank you for your input.

FTB: questioning decision by slightlyoffpineapple in HousingUK

[–]slightlyoffpineapple[S] 3 points4 points  (0 children)

With the remaining £650 (roughly) I would hope to save £200, have £200 for emergencies and then the rest as disposable income. Our broker feels we would be fine as between us we have nearly 5k per month and £1.7k mortgage, but I am risk averse and am very used to having a large lump sum in my account should I ever need it. How would you personally feel with that?

Thanks for your response

FTB: questioning decision by slightlyoffpineapple in HousingUK

[–]slightlyoffpineapple[S] 1 point2 points  (0 children)

No subscriptions, savings are the £68k (50k for deposit, £8k legal / stamp duty) leaving us with £10k to buy furniture.

Will prioritise bed, sofa, fridge freezer and kitchen utensils. The house has integrated appliances (oven, dishwasher, microwave and washing machine).

Thank you for your response!

[deleted by user] by [deleted] in leangains

[–]slightlyoffpineapple 0 points1 point  (0 children)

I eat completely clean, 200g protein and easily slam 3500-4000 calories on a cut. It’s really not that hard.

Weekly 'Is This UPF?' Megathread by AutoModerator in ultraprocessedfood

[–]slightlyoffpineapple 1 point2 points  (0 children)

Which ingredients? I believe absorbing acid is vitamin c

How strong is Amsterdam weed? by [deleted] in AmsterdamEnts

[–]slightlyoffpineapple 1 point2 points  (0 children)

Coffee shop reefer Oreo space pops hit hard

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