The Student Room Group

Just got kicked out of the house

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Reply 20
Original post by Awesome Genius


I'd have only £800 left after all essential expenses.

That is not even enough to buy an iPhone.


Uh... £800 should be plenty to buy an iPhone.

I'm guessing that only a 128GB iPhone 6s would satisfy you, yeah?
Reply 21
Original post by TheMaster102
I don't know man I mean I think that whilst I agree with you on the capital thing and that you need to convince people to invest in you, being creative will get you very far too, see you mocked me for being a programmer but it's going to really help me when I want to build my software company because I'll be able to make the prototype app on my own and then pitch it, whereas other people will have to rely on hiring others who may be flaky or untrustworthy, personally I'd never share my ideas with anyone after being stabbed in the back in a business venture back in 13'.

Spoiler


Honestly mang, listen to me I know my **** :wink:

Even if I'm just an employee now, believe me in the future I'ma be balling; my plan is all set out. All i need is time



Dud your gf seems pretty smart and what you says makes sense.
Original post by Awesome Genius
Last month,

Income stream 1 = £2650
Income stream 2 = £850

Total 3500

Outgoings (potential from next month)

Car 600
Rent 500
Clothes 200
Transport & Fuel 600
Food 600
Bills 200

= £2700 ish

I'd have only £800 left after all essential expenses.

That is not even enough to buy an iPhone.


Bib: Yes it is, you could buy an iPhone and still have some left over. That's nearly as much as some people earn per month before bills are taken out so you're extremely lucky.

How can you spend £600 each on food and transport though? How many people are you feeding?
I really doubt you need to spend £200 on clothes every month too.
(edited 8 years ago)
After rent and all bills except internet, I'm living off roughly 40€/week atm (still waiting for that Erasmus grant!). That's for food, social life, travel (outside of Berlin, my travel within Berlin was paid as a lump sum), Internet etc. You're doing pretty well... I mean, I know I'm a student so not working and used to being poor but still.
Original post by Awesome Genius
What happened is that they bought the flat as an investment and we agreed that they'd pay the mortgage until I have a stable job - right now it's a bit dodgy. Then im supposed to takeover the mortgage.They paid the entire deposit. Hence i thought the car would be a good idea.

They have now reconsidered the situation and decided to make me some rent since they consider my current form of employment as "stable" - even tho I'm effectively doing two jobs and one of them is on an ad-hoc basis.

A decision which I'm sure was in no way triggered by your deciding to buy a BMW playboy-mobile on finance.
Reply 25
Original post by Kaeden
Uh... £800 should be plenty to buy an iPhone.

I'm guessing that only a 128GB iPhone 6s would satisfy you, yeah?


Oh the pain

Spoiler

Original post by Awesome Genius
Last month,

Income stream 1 = £2650
Income stream 2 = £850

Total 3500

Outgoings (potential from next month)

Car 600
Rent 500
Clothes 200
Transport & Fuel 600
Food 600
Bills 200

= £2700 ish

I'd have only £800 left after all essential expenses.

That is not even enough to buy an iPhone.


Dude these figures are horrendous, you're never going to get rich this way, what waste.

You will be a poor man in an armani suit and a BMW and a ball and chain of debt on his ankle with this kind of spending.

food £600? this budget needs to be cut to about £200. I have no idea what you're eating to spend so much, £300 max, £64 a week is plenty for a single man even if you want to eat well, £600 is just excessive and wasteful.

clothes £200? Dude are you seriously going to spend that much money on clothes EVERY month? if so that's insane man. Most of them will never get worn and you know it, cut this budget right down to £50 MAX, sure you can splash £200+ every so often but every month is just ridic.

Fuel costs can't really go down that much tbh so no help there.

If you cut your cloths and food budget to my suggested level that's a saving of about £550 which will give you about £1300 in total, which is not too shabby at all.

FYI though, I earn a lot less than you but I'm saving at least £1500 in my savings account every month, so my savings will be growing more than yours despite the fact I earn less than half of your salary.

SO really consider if you want to waste your money the way you do. The car is bought, it was a mistake in my opinon but there's nothing you can do about that.

Don't be a poor boy in an armani suit, for gods sake, that's a trap my friend
Reply 27
Original post by ujuo_
Oh the pain

Spoiler



Me too!

I've never needed anything more than 16gb. :colondollar:
Reply 28
Original post by Kaeden
Me too!

I've never needed anything more than 16gb. :colondollar:



I mean, I have Mac anyways so no point xD

Spoiler

Original post by TheMaster102
food £600? this budget needs to be cut to about £200. I have no idea what you're eating to spend so much, £300 max, £64 a week is plenty for a single man even if you want to eat well, £600 is just excessive and wasteful


50 quid a week. Do you not visit restaurants?
It stuns me how TSR, full of so many smart people, repeatedly feeds this troll (srs)
Original post by callum_law
50 quid a week. Do you not visit restaurants?


Why would I go to restaurants when my gf cooks better food for me at home, also restaurants are a nice treat at times but if you're serious about getting rich when you're poor you can't do these things.

As far as I'm concerned money is there to be saved until I am rich, until I have 1m in the bank I'm not done "working". You need to work to get that money and you need to save, especially if you're from a poor as family like mine, literally I'm from a family that got 100% of it's income from benefits.

My father was a lousy lunatic communist who lost his job and now lives off benefits, I had no savings, no backing from parents, nothing. I had literally nothing, but now I'm approaching 15k in savings, live in central london, good high paid job etc...

You've got to change your mindset if you want things, my father was a failure because he never thought about money, he only thought about himself and his political beliefs, yet he never actually contributed anything to the world because he was always poor and powerless, he didn't value money, saw money as evil and has no money, my father aged 55 lives with his mother, how tragic... I don't respect my own father one bit, in fact I even resent him a lot for making my life harder by being such a loser.

But at least when I do make It I'll be one of those rich people who truly made it on their own and came from nothing.
(edited 8 years ago)
:troll:
Original post by eoe
How can parents kick their own son/daughter out of the house.

Gora Parents, I guess


More like Muslim parents
£480 a month for central London is cheap af bro, maybe you need to cut back on the other things.
Original post by OU Student
You claim you earn £60k and you're whinging about having to pay £480 a month?


Where did he?
Original post by RiotGirll
It stuns me how TSR, full of so many smart people, repeatedly feeds this troll (srs)


Most people on TSR aren't smart.
Original post by Awesome Genius
My parents visited me at my flat this morning. They were in a bad mood - or at least my mum was. They started having a go at me about my spending and stuff.

They made some ludicrous point about how I am earning so I should be paying rent even though we agreed I was keeping their flat safe for them.

And then the unthinkable happened - they effectively kicked me out of the house. They are demanding that I pay £480 a month to live in their flat.

Just don't know what to think right now, feeling kinda numb.


So is the £480 for the mortgage that your parents have to pay on the flat?
Original post by Awesome Genius
My parents visited me at my flat this morning. They were in a bad mood - or at least my mum was. They started having a go at me about my spending and stuff.

They made some ludicrous point about how I am earning so I should be paying rent even though we agreed I was keeping their flat safe for them.

And then the unthinkable happened - they effectively kicked me out of the house. They are demanding that I pay £480 a month to live in their flat.

Just don't know what to think right now, feeling kinda numb.


I mean if you are above 18 why shouldn't you pay rent. If you can afford a nice car you should also be able to pay for a place to live. I know a lot of the people on TSR have opinions about you but I don't have anything against you. It may seem silly that they are making you pay rent since they are not even using it but maybe you should view this as an opportunity to repay your parents, you don't know how your parents are doing financially and giving them some help would probably mean more to them than you would think. When I'm earning I will definitely give some help to my parents since they supported me for 18 years of my life.
Original post by Awesome Genius
My parents visited me at my flat this morning. They were in a bad mood - or at least my mum was. They started having a go at me about my spending and stuff.

They made some ludicrous point about how I am earning so I should be paying rent even though we agreed I was keeping their flat safe for them.

And then the unthinkable happened - they effectively kicked me out of the house. They are demanding that I pay £480 a month to live in their flat.

Just don't know what to think right now, feeling kinda numb.



Where do you work???

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