Finances

Self employed earning £300 per day, working 2 days a week: 52 weeks- £31,200

camera equipment:

  • Holiday 4 weeks minus £2400 – £28,800 – 48 weeks
  • Editing apps such as Photoshop £8.78 per month – £105.36 a year – £27,885.86
  • Spare equipment such as a back-up camera or battery £400-£800 for back-up camera – £27,085.86
  • Computer/laptop – £600-£800 – £26,285.86
  • Studio lighting £150 – £25,735.86
  • Travel costs (car) £40 a month on petrol – £480 a year – £25,255.86
  • Travel costs (train to London) 2 days a week – £12.10 a day – £1,161.60 – £24,094.26
  • Accountancy fees minus – £29.50 per month – £354 – £23,740.26
  • Tax – 4,748.52 a year – £18,991.74
  • Clothing – £150 a year – £18,841.74
  • Make-up £25 a month – £18,541.74
  • Wifi, TV and landline – £29 a month plus £14.99 activation fee – £348 without activation fee – £7,793.74 activation fee included for first month – £362.99 – £7,430.75
  • Rent £750/2 – £4,500 – £2,930.75
  • Food – £50 a week – £2,400 a year
  • Studio booking 30 days- £100 –  £3000

At the end of the year I have estimated that I will have around…

Full time earning £12,000pa working locally (take tax off first)

  • Rent – £350-£750 – £11,650
  • Travel costs (bus and car) – £40 a month – £480 – £11,170
  • Accountancy fees – £29.50 per month – £354 – £10,816 (not needed)
  • Tax – £200 a year – national insurance (4.00 a week)
  • Clothing £150 a year – £9,993
  • Make-up – £25 a month – £9,693
  • Food – £50 a week – £2,400 a year – £7,293
  • Wifi, TV and landline – £29 a month plus £14.99 activation fee – £348 without activation fee – £6,945 activation fee included for first month – £362.99 – £6,930.01

At the end of the year I have estimated that I will have around £6,930.01

Full time earning £15,000pa working 30 min drive (take tax off first)

  • Rent – £350-£750 – £14,250
  • Travel costs – £40 a month – £480 – £13,770
  • Accountancy fees £29.50 per month – £354 – £13,416 (not needed)
  • Tax – £800 a year – National insurance (4.00 a week)
  • Clothing £150 a year – £11,633
  • Make-up – £25 a month – £11,333
  • Food – £50 a week – £2,400 a year – £8,933
  • Wifi, TV and landline – £29 a month plus £14.99 activation fee – £348 without activation fee – £8,585 activation fee included for the first month – £363.99 – £8,569.01

At the end of the year I have estimated that I will have around £8,585-£8,569.01

Full time earning £18,000 living in harlow, working in London (take tax off first) (look at travel costs)

  • Rent £350-£750 – £17,250
  • Travel costs (train) – £580 – £16,670- (car) – £50 a month – £600 – £16,650
  • Accountancy fees £29.50 per month – £354 – taken away from car costs – £16,296 (not needed)
  • Tax – £1400 a year – (4.00 a week)
  • Clothing £150 a year – £13,553
  • Make-up – £25 a month – £13,528
  • Food – £50 a week – £2,400 a year – £11,128
  • Wifi, TV and landline – £29 a month plus £14.99 activation fee – £348 without activation fee – £10,780 activation fee included for the first month – £363.99 – £10,416.01

At the end of the year I have estimated that I will have around £10,780-£10,416.01

 

 

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s