Spare £250 per month

[silobass]

I'd like to move house using the £250pm to get an increase in mortgage interest only.

I doubt the Mrs would let me

[jonny996]

AyBee said:

£250pm is enough for somewhere in the Alps? How do you afford the flights out there on top?

Flights are £60 return.

[Bailey93]

coopedup said:

How come nobody has mentioned coke and hookers

Strippers and cocaine.... oh wait

[Otispunkmeyer]

Nickbrapp said:

a weekend away every month to see the world

A day trip to Australia is not fun. I know this for fact.

[PanzerCommander]

AJS- said:

Would that get you any flying lessons?

This being PH...

A decent set of cuff links for the butler.
Tip my tailor.
A bottle of ordinary wine for a quiet evening in.

Depends on where it is an the aircraft used, in a smaller aircraft like the one I am learning in (Cessna 150) it gets you two lessons a month. But then you have all the books and equipment to buy along the line. Two lessons a month isn't really enough to make good progress.

Its more than enough to keep current once you have a licence mind

[AJS-]

Hmm. Think that's where I would be looking then. What about plane hire once you have PPL? Save/splurge a bit to get that then go flying every few weeks.

But that's how I've always ended up with expensive follies.

[PanzerCommander]

AJS- said:

Hmm. Think that's where I would be looking then. What about plane hire once you have PPL? Save/splurge a bit to get that then go flying every few weeks.

But that's how I've always ended up with expensive follies.

Depends, its usually the same minus the instructor rate. Again it varies from aircraft to aircraft.

If I block buy 10 hours its £107 on the C150 + landing fees which vary from airport to airport and aircraft type, a for example C150 is in a lower weight bracket (MTOW less than 1000kg) than a C172 or PA-28.

[Zoon]

jonny996 said:

ok I am interested, can you tell me how I can use my £250 per month to get a BTL that gives me your quoted "2K a month to play with"

It doesn't, unless you rely on a rising housing market paying the capital element of your mortgage whilst your tenant only takes care of the interest. It's nice whilst it works but asking for trouble otherwise.

Edit: Plus you need to factor in a large deposit of 25%.

Edited by Zoon on Tuesday 1st December 14:11

[Adenauer]

GAjon said:

jonny996 said:

GAjon said:

I'd try and relax a little, anyone who's life is so controlled and regimented that they know they have a excact amount spare each and every month needs to loosen up a bit.

you sir are a prize bell end. I was using the 250 figure as that is what I am spending per month on my chosen "hobby" not because I am so controlled that's all I have.
Do you honestly think someone would do that if they were in a position were a small bill would push them over the edge & last time I checked skiing & lads weekends away is relaxing.

Like I said, you need to lighten up!

I'd agree.

Starting a thread and then getting a reply that you don't like, so calling the offender a prize bell end, is a bit, st really.

[jonny996]

What I found offensive is his unfounded accusation that I was an uptight control freak that knew I had the figure spare per month. I tried to word my initial post in a way that was not willy waving & keep the monthly spend to a relevant level that most could comment & actually achieve on.
The post was pointless if we did not have a figure to work to.

[steveatesh]

You are right OP that isn't a huge amount per month to play with, but it is enough to have fun with. Personally I'd go through the Groupon or Amazon Local deals and see which mansion, hotel, activity I wanted to do around the UK on any given weekend ( enough for at least one per month there if you include petrol) That way I could do more photography and driving with it. But surely it's personal to you?

[fido]

I just realised you actually had a 996. I'd keep it in a slush fund (or shares if you're feeling lucky) for mechanical mishaps. If it doesn't get used up then treat yourself to a nice Xmas holiday for and save the rest. I did the same this year and going to HK for Xmas.

[br d]

Bit boring but start a private Health Insurance policy. I hope you are currently healthy but stuff has a habit of turning up. I took one out years ago when I as fit as a butchers dog so it only cost me about 40 quid a month, about 5 years later some pretty serious issues kicked off and it was brilliant to have access to instant, top quality care. Mines a small fortune a month now because I've caned it but I still wouldn't go back.

[Adenauer]

jonny996 said:

What I found offensive is his unfounded accusation that I was an uptight control freak that knew I had the figure spare per month. I tried to word my initial post in a way that was not willy waving & keep the monthly spend to a relevant level that most could comment & actually achieve on.
The post was pointless if we did not have a figure to work to.

Agree with all of that, Jonny, still no need to call him a prize bell end though.

Anyway, for 250 quid per month you could probably finance a nice little speed boat and go fishing, messing around, or diving at the weekends. That would be fun.

[selym]

Adenauer said:

Agree with all of that, Jonny, still no need to call him a prize bell end though.

Anyway, for 250 quid per month you could probably finance a nice little speed boat and go fishing, messing around, or diving at the weekends. That would be fun.

I like the sound of that.

[soad]

Loadsamoney!



Lend me some.

[BoRED S2upid]

Puggit said:

To start with, put it in a separate account. Then the whole account becomes your fun fund.

Personally I would use some of it to dabble on the markets and some for weekends away.

I'd opt for this route £250pm doesn't buy you a great deal but £2500 a year...

[AmiableChimp]

Buy Lego. Build it.

[RizzoTheRat]

AmiableChimp said:

Buy Lego. Build it.

Or just buy Lego, apparently it's out performed pretty much every investment fund over the last 10 years

[mackay45]

BoRED S2upid said:

I'd opt for this route £250pm doesn't buy you a great deal but £2500 a year...

If I was saving £250 a month and only had £2,500 after one year, I'd be asking what happened to the other £500...