If I put a pound in my ISA for every day I work, I will save £22 by the end of this year.
So, if I have a higher rate, I should save more.
If I keep doing this for four years (for the same amount of days worked per month), I could possibly save over £2,000.
Is that enough?
What about when my student loans come through?
How about putting £50 a month during each term?
That's about an extra £900 saved.
What if I worked extra?
Or, worked through holidays?
What if that Teaching Agency got me a few placements, and Amana pulled up their socks and had a consistent project running?
How much extra would I be able to put away?
Another few hundred?
That would get me over the £3,000 mark.
...and what about what I should have in my account anyway?
If in one year, over £5,000 can pass through my account, then over four years that would be £20,000.
Couldn't I spend less and save more?
Put a few pennies in the ISA every week?
Would that be enough?
Would it be sufficient for what I plan to do.
...or would it be wiser to wait an extra year?
A student living in London can get by on £6,000 a year.
Surely, I'd be alright with something around the £5,000 mark?
That would be enough, no?
How much is enough, though?
How much is enough for escaping?
Thursday, November 06, 2008
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