£50K is not enough
Abrar
I am sorry to advise you that £50K will not be enough.
With very careful budgetting and minm hours you may at least in theory get from zero to a JAA fATPL. (I am assuming you want a UK / Eur job at the end ?).
But life ain't like that, at least from a budgetting point of view.
I would allow £60K and that does not get you a job.
You will still have to find an airline that likes the look of your C.V.
Get yourself through an interview and Sim check.
Then comes the big question who will pay for the Type Rating. There is a strong move (RYR and many others) for you to have to pay for it. At the least they will want a bond for 3-5 years. (to my mind that is fair enough).
I think you need to think through a contingency plan that could fund you through these risks.
If you pop out the end with a job at a cost of only £50k 
then great. but have a plan that can see funding for say £80K.
This should in you way put you off your dream, just need to have a element of realism.
Good Luck
Last edited by HappyFran; 10th Jan 2008 at 14:03.
Reason: assuming a UK JAA fATPL