Monday, 3 October 2011

Enterprise & Innovation... Workshop 1

Cost of living

Workshop to work out the approximate cost of living.

Yearly Expenditure

Premises

Rent - £6,000
Council Tax - £1,200
Electricity - £1,000
Gas - £400
Water - £500
Repairs - £200
Furniture - £600

Food

Supermarket - £1,300
Corner Shop - £1,000
Lunches - £250
Takeaways - £200
Eating Out - £350
Cafeteria - £50

Health

Health Plan - £50
Medicines - £50

Safety & Security

Insurance - £200
Savings - £1,000
Pension - £500
Pet Insurance - £120

Belonging

Landline - £100
Mobile - £240
TV Lisence - £150
Presents - £250

Entertainment

Cinema - £80
Alcohol - £150
Alcohol (out) - £300
Coffee & Snacks - £120
Music, PC Stuff - £50
Concerts - £50
Party - £50

Esteem

Cosmetics - £130
Clothes - £900
Toiletries - £130
Hairdressers - £60

Self-actualisation

Magazines - £120
Books - £20
Charitable - £20

Travel

Bus - £60
Train - £600
Taxis - £150
Flights - £100

Holiday

City Break - £300
Abroad - £800
Camping - £100
Occasion - £100
Emergency - £50

Total Expenses - £19,200
Total Income Required (After tax and NIC) - £23, 281




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