The cost of holding down a job!

The traditional route of leaving university with a degree in your desired interest is exciting. Getting your first job further solidifies the excitement as you enter the challenging work place. In the end, the purpose of this process is based on affording life’s essentials – but new research from the Metro, shows it’s likely that doing your job is costing you.

For starters, the average commuter spends £1,987 on employment-related outgoings. This apparently includes food, travel, childcare, equipment and clothes. This amounts to an annual £66.9 billion.

Londoners are the hardest hit when they averagely spend £3,561 a year compared to the East of England spending £2,542. The impact of the rise in public transport fares has not helped the situation either. This is the largest part of spending for a worker totaling on average – £782 a year.

Moreover a further £154 is spent on work phone calls that are not claimed as expenses or £27 on computer equipment and £17 on stationary. Adding to all this is personal grooming which averages out at £163, £90 on clothing and £78 on colleagues and clients according to a Santander 123 World.

It is evident that everybody is feeling the pinch one way or another. Saving tips and budgeting are methods individuals are seeking to help them out. Similarly many people have turned to logbook loans to assist them.

The greatness of logbook loans is that provides individuals with flexibility when taking out a loan. The loan is a secure agreement against your car. Moreover, they are 93% cheaper than Payday loans and more easily accessible.  If for instance an individual has a bad credit history, a bank will refuse most loan types. Logbook loans on the other hand accept all clients.

Accessing a logbook loans is simple and easy. Provided that the individual owns the vehicle and that it is free of finance, applicants will soon find themselves with a desired loan – not only is it that straightforward, applicants can also find themselves acquiring up to £100,000, depending on the value of the car.

 

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