Monday 3 October 2011

WORKSHOP - THE COST OF LIVING (part 1)

BILLS

COUNCIL TAX - tax that is raised on the property, this is based on the size and location of the house, you pay this tax weather you own or rent a house, but students don't  (2 bedroom flat in west end of leeds is average 1200 per year)

GAS BILL - most houses that are more than 20 years have both GAS and ELECTRICITY bills, but most of the houses now a days run on just electricity (cooker and central heating) so you wouldn't have a gas bill, but would have a much higher ELECTRICITY BILL

WATER - could be monthly basis, or could be based on the meter usage. Some houses have water usage included in the rent bill.

DAMAGE/REPAIRS - normally the landlord will pay for it if it is just normal ware and tare, but if it is damage that you caused, then you will be made to pay for it. If you BUY a flat then you will have to pay for management feeds, e.g. paying your share of paying for managing the lawn, keeping the doorways/corridors clean.

FURNITURE/SHEETS ETC - lamps, sheets, tv, tables, chairs, linen. How much would you spend annualy, its just to freshen the place up.

OTHER

  • SUPERMARKET
  • CORNERSHOP
  • LUNCHES
  • TAKE AWAY
  • EATING OUT
  • CAFE AT UNI
HEALTH PLAN

MEDICINES/REMEDIES

SAFETY & SECURITY

HOME CONTENTS INSURANCE

SAVINGS PENSION CONTRIBUTIONS - average of 10-20-%

PET INSURANCE

SECURITY SYSTEMS - you only have to pay for this if you own your house, if you rent then it then the land lord pays

LOVING NEEDS & BELONGINGS

LANDLINE - 0
MOBILE PHONE - 460
TV LISCENCE - 145
INTERNET - 120
GIFTS - 200
CLUBS/MEMERBERSHIPS - 200

ENTERTAINMENTS

CINEMA/DVD - 200
ALCOHOL AT HOME - 720
ALCOHOL OUTSIDE HOME - 800
RECREATIONS SUBSTANCES/CIGARETTES  - 2,000
COFFEE & SNAKS - 400
SOFTWARE/MUSIC/DOWNLOADS - 100
PLAYING SPORTS/EQUIPMENT - 200
LUGGAGE - 100
GGIS, CLUBS, CONCERTS - 800
ENTERTAINING FRIENDS/PARTIES - 400

ESTEEM NEEDS/COSTS

COSMETICS - 800
CLOTHING & SHOES - 3,000
TOILETRIES - 800
HAIRDRESSER - 300

SELF ACTUALISATION NEEDS

NEWSPAPERS/MAGAZINES - 100
MUSIC, ART, BOOKS - 250
POLITICAL EXPENSES - 0
CHARITABLE DONATIONS - 60
 
TRAVEL & PERSONAL COSTS

BUS - 100
TRAIN - 600
TAXI - 400
FLIGHTS - 600

CAR EXPENSES

COST OF VEHICLE - 2000
TAX DISC - 150
MOT - 
PETROL - 3000
SERVICE  - 1500
INSURANCE - 2500

ANNUAL HOLIDAY COSTS

LONG WEEKEND CITY BREAK - 300
ANNUAL 2 WEEK HOLIDAY ABROAD - 2000
WINTER SKIING HOLIDAY - 1500
CAMPING/WALKING HOLIDAY - 200
FAMILY OCCASSIONS - 400
UNEXPECTED TRIPS - 500
OTHER - 0



AVERAGE TOTAL = 37, 500



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