PPRuNe Forums - View Single Post - As accurate as i could get it - is it realistic in anyway?
Old 7th June 2007 | 09:19
  #9 (permalink)  
Frank Furillo
 
Joined: Jan 2004
Posts: 222
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From: Hill Street Blues
Camel toe,
If you are going to raise £40K from working it would take a long time,
Lets see....
Well if you get a Job earning £20K Pa on passing your A Levels then that would be:
£20000.00 Gross
£ 3034.30 Tax Paid
£ 1645.16 NI Paid
£15320.54 Net Salary.
Per month you would get £1276.71
Living expenses, lets be nice and say £800 PCM for food, board, car, going out.
You are left with £476.71
That would give you £5720.52 Pa saved.
Figure 5 years or so to save the money to enable you to start training, bear in mind you will have to eat etc during all training.
I don't know many A Level students who can get £20000.00 Straight after college but who knows?
I don't believe that I made any assumptions, just asked some questions and gave some facts, this is often missing on here when everyone is looking through rose tinted glasses. It cost me a lot more to get through than I was quoted, I am only trying to give some simple advice and help to someone who is starting out.
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