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is my financial calculation correct?

Discussion in 'General Chit Chat' started by Junior Charlie, Sep 28, 2017.

  1. Junior Charlie
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    Junior Charlie Member

    hi guys just a quick question really, I just got my first monthly wage from my new job and it looks like i will be earning 1,500 each month ..thats not including overtime etc..by my calculations i only need to earn an extra £300 to meet the financial requirement. because £1500 x 6 = £9000 + £300 = £9300 for the 6 months and multilply by 2 to get a 12 month figure = £18600....?
    is that right??

    I have £40,000 in cash savings easily accessible but i dont want to make the appliacation more complex than i need to..if I can do it on income only , i will try to achieve that..Im expecting alot of overtime over christmas which will bump that up and a little annual bonus in jan..any thought please would be appreciated
  2. Junior Charlie
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    Junior Charlie Member

    also its for category A non- salaried income as i get paid per hour..Should I remind the ECO of this fact as im worried that they may make the calculation of a salaried income and just choose the lowest payslip..I think i heard of a few cases of that happening..Would it come across as rude to put the calculation in the " further information bit " just to remind them how to do their job..hhahahahaha:lol::lol::lol:
  3. bigmac
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    bigmac Well-Known Member Trusted Member


    use your cash savings as well. calculate your earnings based on the lowest month. safest that way

    i used---state pension--£8,600 so £18,600- 8,600=£10,000 x 2.5=£25,000 plus £16,000= £41,000 in savings i needed.

    she got her fiancee visa. nuff said
  4. John Surrey
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    John Surrey Well-Known Member

    Don't forget "easily accessible" cash savings need to be "immediately accessible" ...
  5. Junior Charlie
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    Junior Charlie Member

    Thanks guys..I think you are right big Mac. Just to be safe I will use the salaried calculation and go from the lowest wage slip then I'm covered either way..Thanks again...No worries about my savings I pooled it into a normal masters cash account
  6. Junior Charlie
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    Junior Charlie Member

    Natwest account..predictive texting is a pain

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