 I am going to receive a $10, 000 gift. Should I put it in the bank and let it accrue interest (4.75%)? |
| Or should I use it to pay off my car loan? Which would be more beneficial? I am paying about 6% interest on my car loan, and I have a balance of 15,000 over 4.5 more years (about $400/month payments)... |
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 I need ideas on how to save up money? |
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 If someone gave you 50K, how would you make the money grow? |
| Imagine someone you know is going to give you 50K. But the catch is the only way you'll be able to get the money is if you come up with a legit plan on how to substantially grow the 50K... what ... |
|
 Should I take out some of my 401k money to pay credit card debt? |
I'm 28. I make 42k a year. I have 6500 in my 401k. I have about 4500 worth of credit card debt that I'm finding hard to pay off. My question is this.
Can I take the money out (not ... |
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 What job would earn allot of money but is not too hard or boring ? |
well im thinking of something i can doo could you give me any ideas please but i dont want to e bored in my job but i need the money
SOMETHING I DONT HAVE TO STUDY too LONG FOR EITHER ?... |
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 I have a debt about £50000? |
hi
i owe bank loan and credit card £50000, i prepare walk away i got no house no car no eveything and i will move another place. what happen in my future ? Can the court sent me to ... |
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 I'm thirteen, and I need money. ? |
How?
& it's winter, so please don't recommend mowing lawns or raking leaves or stuff like that.
and baby sitting won't work either.
it doesn't snow where ... |
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| What would you do with 1 million dollars? |
| What would you do with 1 million dollars?... |
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 Is there a way to make $40? All I need is exactly $40.? |
| I owe my college $40 before I can register for my Winter 2008 classes? I do have a job and will be $40 short after I pay my bills. If I ask my family for the money they will just yell, cuss or get ... |
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 How can I make some extra money? |
| I am buying a 250 dollar bmx bike and a 150 dollar skateboard I have enough for the bmx and i need some for the skateboard.I also wan t some money to have saved for cases i might need it.I do my ... |
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 Am I responsible for my mothers bills? |
| My mother passed away 2 months ago and I am starting to get bills sent to my home for her doctors while she was in the hospital. She had insurance, so some parts of the bills were covered, but not ... |
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 Need a loan fast. Has anyone tried a private lender with success.? |
| I need a personal loan quick for someone with not so great credit. Hubby has a great job but during the past 2 months his job has withheld money from him and now we have fallen behind. Need the loan ... |
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 I need a 2000 loan I have really bad credit so it hard for me to get anywhere. I need no gimmicks a real lende |
| It hard becuase i have bad credit an no one will give a chance. I dont have money for trnasfer fees or down oayments i just really need a loan. Is there anyone that know a real lender that will be ... |
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 Whats a fast way to make $200 for a 14 year old? |
i owe my mom money
and babysitting hasnt been going so well
with the ecnomy and all
meaning no one goes out as much
so any tips??... |
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 Debt, what to do? |
say you 10k in debt and the payments were just about managable. You find out that at the current rate of interest you will be paying it off for the next 10 years!
would you continue to pay the ... |
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cinilak | Is £1000 a month enough for someone to live in reasonable comfort in london? |
Im talking owning a basic car, going out weekly, on top of all other that comes under comfortable living |
 |
 
Phlodgeybodge
|
That sum wouldn't cover my rent or pay for my council tax and other household bills. How would I eat? |
|
Jose M
 |
I dont think so. I used to live in London some months back and I was making 1300 per month. That was okay for me because I shared an apartment with three of my friends. We cooked together and shared many such things. Moreover, I didn't have a car. We used to go out weekly and we also used to make international trips on long weekends. We were living quite comfortably. If you had around 1500, it should be good. That's my guess. |
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5yellowchips
|
no but if u can aford rent u can survive |
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starlet108
|
No it wouldnt. I live in greater London - we have an income way above that per month and still we struggle xxx |
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DolphinLami
 |
Depending on where you live and how, sharing or on your own. You can get by, say sharing a 2 bedroom for £350.00 each including bills, even in West London. That will still suffice, don't rule it out. People have different lifestyles. |
|
ANON
|
Maybe if you are lucky enough to be rent or mortgage free. |
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lozatron
|
Hi
For £1000 / month you can live ok but simply. You can't own a basic car - but that doesn't come under "reasonable comfort" in London - I know successful people in their mid 30s earning more than a hundred thousand US dollars who have never owned a car and can't even drive one...
You can live in a shared room in a house in a safe but not desirable location and as long as you don't have to work you can find many nice things to do for free in the daytime in London. Students live on this (less than this) all the time.
If you want something more than a student lifestyle then honestly you're going to need a lot more. However, a lot of people come here just to earn money and live in what are (to me) terribly cramped, crappy conditions but they work hard, send money home and once a week go out with their compatriots. It's not a lifestyle I would want but hey - we welcome everybody!
Good luck! |
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delta9
|
I am afraid not is the basic awnser |
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Zee
|
London is the most expensive city in the UK, I believe. The shabbiest of rents alone would cost you at least £400/month (outskirts of London), Council tax would cost about the same, Petrol costs about 89p per litre, Congestion charge is £8/per day. This is supposing you don't plan on eating.... |
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Franco
|
Are you joking? If you have to pay rent, the minimum is £2,000pm |
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PSAF
 |
Not on your Nelly. And that depends whether you are talking net or gross. If you are talking about gross, after you have paid tax, NI, etc, you'll have less than £700. That will barely cover your living expenses.
I know plenty of graduates who are struggling with salaries nearer £20k who also have to service debts, repay parents, etc.
As to owning a car, why would you need one? A car is a luxury in London and (increasingly) not a particularly attractive one. Unless you are planning to live well outside any congestion charging zone or area with residents' parking (they're everywhere, though) you will find yourself spending money on a wasting asset that you rarely use. Particularly if you are working.
I have a car, but I live in zone 4 and I earn a good deal more than £1200 a month. However, if we didn't have two of us, one of whom needs a car, particularly in winter, we wouldn't have it as we managed perfectly well before without one.
So, if you are thinking of coming to London to bum around like a student without any costs and living on people's floors, you will find a grand a month goes quite a long way. Otherwise, you'll be living in poverty and having done it myself, London is absolutely no fun or use unless without money, because EVERYTHING costs you.
Hope that helps. |
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Denny
 |
Depends on where you want to live but i would say no, you would have to share a flat and use London transport. |
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Pico
|
No. London is now the 5th most expensive city in the world. New York City is 10th. With the current exchange rate, £1000/month is a little over $500/month. You can barely find a room for rent in a shared apartment in NYC for that amount and London is even more expensive. |
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lauti1970
|
I used to have that amount 6 years ago and I was living with my girlfriend in a one bed flat. It wasn't easy back then but now I don't think it's possible unless you opt for a flat share and forget about the car, you wouldn't need it anyway. Get an oyster card for public transport, that's much cheaper and when you've been out drinking it's better not to have a car around anyway. As to other living expenses. Buy food at ASDA or Tesco and you might just have enough, but you will have to be careful with your money. If that sounds scary to you, leave it or find some more dough. |
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puffy
|
No. After rent, council tax, water, heating, tv license, insurances, petrol, car tax, food......no again! |
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gordonmother
|
Simple answer,NO |
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Georgie
|
Only if you house shared.... |
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Jon B
|
No way mate. You would need a little more than that. |
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Mags
|
LOL - I don't think so. |
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PETER J
|
i should think that will cover the rent then what u gonna live on??? |
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jizzumonkey
 |
I dont think u can live anywhere in the uk on that a month let alone London !! |
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ringo711
|
it depends, rent on some places is around £800 a month for a one bedroom so called flat then you have all the other bits,and of course you may like to eat. Going out can be very expensive as everything is over priced, your best bet is to rent, or buy outside London and travel in, London not that special.
Good Luck |
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Reg Tedious
 |
Impossible unless you are Polish. |
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Dorothy and Toto
|
Too many variables and subjectives here. Be more specific. |
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