Property News · February 3, 2018

‘I’m 78 with an £18,000 income and live a very good life in London’


An ex-council worker on how she makes her pension stretch to holidays, a car and theatre tripsIt always fascinates me when I talk to other retired people that they don’t seem to know what their income is. I always know exactly what my earnings and outgoings are and, because I’m of the generation that was taught to be canny with money, I make a little go a long way. £18,000 might not seem a lot given the expense of living in London, but I manage a very good life on it.The mortgage was paid off 20 years ago, so I don’t have to budget for rent or repayments, though the four-bedroom Victorian house where I raised my family and where I still live is always having expensive things wrong with it. I mean to move somewhere smaller and cheaper to run, but haven’t got round to it. Continue reading…

Source : theguardian.com
Read more…‘I’m 78 with an £18,000 income and live a very good life in London’

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