If am put on a IPA at a later stage once gaining employment and having approx £500 DI and having £350 (70%) taking in IPA then can i spend the rest £150pm on anything i like such as saving up £1000 for a car or even weekends abroad with easyjet ?
ok what if i saved up £1000 and bought a car in which i got a really good deal on with a value of £5000 and did all the servicing myself etc, can the OR be ok with that or will he take it off me as its got asset potential.