How much money is reasonable to save if I serve 6 years as an electrician
- 1 replies
- 9 views
- Author: Michael G.
- Category: Role, Salary
- Date asked:
- Last update:
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S-Steven -. Supply Chain Operator
Money saving is an individual thing: some people are better at it than others, and 'reasonable' can depend on your saving goals.
At the moment, Privates take home around £1,600 after tax and accommodation. This amount will go up if you promote or go on exercise or operations. Don't forget that you'll need to factor in things like food (which costs around £6 a day in you eat all your meals on camp) and hygiene (think razors, toothpaste, haircuts, etc.).
As an example, if you wanted to put away 5% of your wage over 6 years, you'd end up with roughly £6k, even if you didn't invest or gain interest.
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