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/biz/ - Business & Finance

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12893039 No.12893039 [Reply] [Original]

Is it a good idea to invest in myself?

I get paid £1100 a month and I am creating a budget. Things I need to pay for:

>Fuel
>Emergency fund
>Gym
>Personal trainer
>Personal allowance

Is it worth paying into a personal pension ontop of the employer one? Is it worth investing into a vanguard at this age? I am 19 years old.

>> No.12893050

>>12893039
Why would you pay for a personal trainer? Take all of you personal training and personal allowance and buy bitcoin with it every month.

>> No.12893057

>>12893039
>>Gym
>>Personal trainer
Notmalfag.

>> No.12893062

do you have to budget for rent? what about car insurance or other insurances?

also you will need to tell us how much fuel and gym is because it depends on your cicumstances obviously

phone/internet?

>> No.12893081

>>12893062
live at home and i pay rent but not with my income. Car insurance is paid for this year. No other insurance.

I would like to get a new phone on contract.

That's it. Fuel is £100 a month.

>> No.12893092

>>12893050
>Why would you pay for a personal trainer?
Believe it or not, a good PT is worth it. I have a PT I see once a week, and train by myself for the other 2 days. No matter how hard I try, I just cant get the quality work out that my PT gives me,and its worth every penny IMO.

>> No.12893105

>>12893092
how much do you pay?

>> No.12893134

>>12893105
>>12893092
seconding this

>> No.12893136

>>12893039
YES invest into Vanguards.
NO you don't need a personal trainer.

Do you live with your parents? Then no emergency fund is needed. Get as much into Vanguards as possible and by 30 you'll have 150-200k easily, even on this income

>> No.12893156

>>12893105
>>12893134
I do a quick 30 minute intense circuit training session with him. It's $30 per session. I take the biggest set for $900. Works out great on my budget.

>> No.12893160

>>12893156
so $30 per session

>> No.12893161
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12893161

>>12893039
Burget? Since I can biz I just buy link

>> No.12893163

>>12893156
>$1 a minute

he saw you coming mate lmfao

>> No.12893169

>>12893163
its pretty good for the rates in my area

>> No.12893170

>>12893169
just remember what he told you from last time and not pay for it

>> No.12893186
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12893186

Rice and beans, beans and rice

and don't forget to Tithe

>> No.12893297

>>12893039
>Personal trainer
You dont need one.
>Personal allowance
5-10% of your income
>Emergency fund
10-15% of your income
>Fuel and gym
gym is monthly, dont exceed fuel more than you need unless you are traveling somewhere for hiking/sightseeing/etc

Should leave you with lots left that you can save and invest somewhere/start business.

>> No.12893690

>>12893092
No.

You just lack self-discipline. Do you also pay them to tell you what not to eat, because you can’t keep yourself away from the donuts? What about paying them to make you get out of bed on time?

>> No.12894209

>>12893690
And how would you suggest he improve his self discipline? There are people who cant stick to plans and need help. At least he chose to pay someone to firmen his resolve with encouragement. How'd you do it?