How much is enough?

[Gordon Gecko]

Pharma doesn't pay £500 a day :-( , except on rare occasion. although we're not quite in the £200-£300 league. Still that doesn't stop me being a tight barsteward with 10 years money in reserve.

Sometimes I which I hadn't bothered doing an MSc and just gone into financial, they seem to pay 500 a day for the most basic of skills.

I had a fairly dim Test Analyst with barely a GCSE to his name working for me last year. He was was on 475 a day.

Unlucky.

[Bagpuss]

I had a fairly dim Test Analyst with barely a GCSE to his name working for me last year. He was was on 475 a day.

Unlucky.

The only good thing is it's fairly recession proof.

[bobhope]

If I had the propensity for that level of planning I'm sure I wouldn't have ended up as a contractor.

I'd say about 6 months if the minimum. Any less than that and I'd be taking on rubbish contracts just to get a few pence in the coffers. But I'm a frugal sort, so I've got about 15 years' worth at present.

:-)

That's a great quote. Just checked the spreadsheet - 16.5 years at current expenditure levels.

The only problem is the uncertainty over inflation.

[Cheshire Cat]

:-)

That's a great quote. Just checked the spreadsheet - 16.5 years at current expenditure levels.

The only problem is the uncertainty over inflation.

Aye, there's the rub. You may soon find yourself down the bank with your 16 years worth of pennies in a wheel barrow and taking that down the market for a loaf of bread and a tin of mackerel.
For which you'll probably get stabbed by some parable-ignorant hoodies.

[ChimpMaster]

That's a great quote. Just checked the spreadsheet - 16.5 years at current expenditure levels.

That's a lot of money - even if somehow you spend just £1,000 a month (all bills etc included), then you've got £200k in the bank. Buy us a pint guv?

I tend to value my outgoings at circa 2,000 a month, to cover all family costs and outgoings (including socialising).

[TheBigYinJames]

I tend to value my outgoings at circa 2,000 a month, to cover all family costs and outgoings (including socialising).

Thats what i use for a 'working month' (i.e with petrol and other work related costs) it's nearer £1500 if I'm sitting at home watching Diagnosis Murder. Which means I have enough dosh in the bank to see me through a couple of years of Dick Van Dyke at least.

[backlight]

Thats what i use for a 'working month' (i.e with petrol and other work related costs) it's nearer £1500 if I'm sitting at home watching Diagnosis Murder. Which means I have enough dosh in the bank to see me through a couple of years of Dick Van Dyke at least.

Where do you live - I pay about that for a 1 bedroom flat in London.

[TheBigYinJames]

Where do you live - I pay about that for a 1 bedroom flat in London.

About 70 miles north of you Also I bought my 4-bed semi house during the LAST housing crash, so my mortgage is only about £400 a month

[backlight]

About 70 miles north of you Also I bought my 4-bed semi house during the LAST housing crash, so my mortgage is only about £400 a month

Lucky you! I do like being close to the office here in London - 20 min commute is nice. But if I go on the bench I'll give you a call to rent your spare room

[rootsnall]

About 70 miles north of you Also I bought my 4-bed semi house during the LAST housing crash, so my mortgage is only about £400 a month

How come you've still got a mortgage ?