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I don't make 10 grand a month. I earn it, but it goes to my company.....
Nice slant on it. If I'm fully deployed (managerspeak) I probably make about £20k-£25k a month for my employer. However, I see a pretty small fraction of that!
Someone who earns 10k in a month or less wouldn't be on here and certainly not driving an old heap like a Surf.
Yes they would, it's a lifestyle thing.
My wee brother never goes out, buys cheap food and doesn't go on holiday. But he has a £300k house (less than £150k mortgage) and 2 new cars, he earns less than me.
I go on 4 or 5 foreign holidays a year, spend a fortune on good food and booze, got a couple of flats that I could (but don't) rent out, live in a council house, have one new car and a Surf.
Nice slant on it. If I'm fully deployed (managerspeak) I probably make about £20k-£25k a month for my employer. However, I see a pretty small fraction of that!
The problem is, I'm a consultant and the people I work with (I normally do interim work in their office) are convinced that 550 quid a day is going in my pocket. It goes to the people with the houses in Sardinia. I live in a flat in the crappy(est) bit of London....
once had this for a christmas prezzy
a few years ago when i worked hard has a CD and was fit and well
it went on 2 cars
expolice car cost £150 quid spend loads on fuel in sted good car it was mint got it by a favor
the surf (still driving it)
1 driving hollyday (the whole of the east cost )
gave the wife the rest coz iam nice like that
its not lots on money but its lots of fun
money or fun mmmmm not a hard one for me fun first skint later
but then i read some more of this thread
some one say if this was left in a will to you
me myself take no fun in money left in a will
that in my eye would be spent on ways to remember the person that gave it you
then if there is any change then fine but i would spend it all on that one fact
and nothing else
a bench in town cost just over 2 grand nice to see five of them with the name of some one so kind
or something along that line
i respect the dead very much even if they are no close to me
(my personal view)
I wud invest it...
Put a 10% deposit on a 80k house,
have a (in the current climate) £170 a month mortgage on it and then rent it for £450-ish a month... and keep struggling as is...
Then when the economic climate gets better take the equity out of the house and buy another one....
oh yes and use the remaining 2k to put towards the ....
I wud invest it...
Put a 10% deposit on a 80k house,
have a (in the current climate) £170 a month mortgage on it and then rent it for £450-ish a month... and keep struggling as is...
Then when the economic climate gets better take the equity out of the house and buy another one....
oh yes and use the remaining 2k to put towards the ....
savings account....
Who do you know offering 90% mortgages? (to the likes of me...)
If it comes to that, in what sort of hell hole can you buy a house for 80 K...
Scotland!
Less than half a mile from me there's a 3 bedroom flat with a Garage, a huge shed and half an acre of land for £99K A bit over budget but a fantastic buy!
I have seen a couple of houses one a 3 bed go at auction for £30,000 another £38,000 both repos one in wales the other i think was yorkshire somewhere.
I looked into getting a small morgage this week to buy some land as all the good land was about £20,000 more than i have i the bank. No problem I thought, got well in excess of 50% up front should just be a case of signing the paperwork.
Nope the minimun yes minimum i can get on decent terms is £50.000 but I only want £20,000 for £20,000 it a rediculas rate of about 8% compared to 5% for a bigger morgage.
If it comes to that, in what sort of hell hole can you buy a house for 80 K...
Around here there are houses going for that kinda money...
between 50 & 80K there is a local mortgage person that wud arrange up to 90% no problem...
a house down the road from me went for 54k, rents out for about £500+ a month,
A 3 bed bungalow went not far from here in a good area 84k with a rental potential of about £625 a month....
Nice returns that....
anyway good luck there mate with whatever u decide.....
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