The cost of London living
- Thread starter Morbyd
- Start date
Jeez, we pay £100/month just for our electric bill!
Internet/phone £60, Sky £40, mobile £100+, water £??, electric £as above
OK, not London but apart from price of property it's all much of a muchness.
Why? Did I say Irina was high maintenance? I never said that! NEVER! (Irina, if you're reading this, honest... I NEVER said that!)
ha ha no way! I was just saying i don't really make enough effort myself to buy girlie stuff!
Morbyd
Moderator
We've been thinking about it for years... my job almost got moved their last year but then it didn't.
No concrete plan, though... Just curiousity at this point.
Sometimes I think it's time for a change... aside from my hometown, I've spent 5 yrs in Boston, 5 yrs in Almaty, 5 yrs in Moscow... time for a new 5-year home
We've been thinking about it for years... my job almost got moved their last year but then it didn't.
No concrete plan, though... Just curiousity at this point.
Sometimes I think it's time for a change... aside from my hometown, I've spent 5 yrs in Boston, 5 yrs in Almaty, 5 yrs in Moscow... time for a new 5-year home
you wont like it here...far too warm, you'll never get a chance to wear your valenki!!
That's to cover 2 of us remember.
5000 pounds a month?? my parents didn't have half that when they were raising a family!
Lucky man Drew!
It's the return of...
All I can assume is you've either got a massive mortgage or some coke problem.
Anyway, pension schemes are a waste of money.
Wrong on all counts.
Pensions are absolutely the most tax efficient method of saving, you just need to be with the right company.
Mortgage isn't that huge at all. We made a lot on our previous house.
Never touch coke thanks.
I doubt many of you would be far off £2.5k (per person)/month if you actually sat down and added up everything i.e. holidays, going out, clothes etc etc.
Clara
Well-Known Member
Im positive Im nowhere near even having that amount in my bank before deductions every month, let alone what I spend..
anyway this has nothing to do with the cost of London living as I dont live there !
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Still stand by what I say about mortgages. Property and shares are where it's at.
Investing in property can lucrative, but bear in mind the tax that you have to pay on the increase in value - on your second or more homes.
If property is your thing, why not use your pension to buy it?
Shares? hmmmm ...... ok if you can devote enough time to doing it properly.
Also remember that pensions can be managed in a similar fashion to shares.
Why are you so against pensions Clara?
Clara
Well-Known Member
Because it will be at least 40 years until I'm of pensionable age and I reckon they won't be worth the paper they're written on by then. Plus why stash away large amounts of money that you might never see? My parents even told me not to bother with them. I appreciate if you're lucky enough to have joined a scheme at a time when your company invest a large amount but these are few and far between now.