This is a very basic rundown of the basics you need to stay afloat if you are thinking of becoming a full time photographer.
All prices and numbers here can vary greatly, Living with parents, using public transport, having a girlfriend, or living in a different city will drasticly change your costs. And lets not even go there if we are thinking about supporting a family, paying a mortgage with varying interest rates
What this video does not also provide details on is the costs of other things such as
Advertising.
Buisness cards
Portfolios / wedding albums
If you have car crashes, insurance premiums.
Website, internet pro accounts for things like flickr
Rental of studio space
Cost of props and/or models for personal projects.
and the vast amounts of coffee and redbull we all drink while editing.
Add all that up it can come easily to £2500 a month.
but if you live with parents etc it can be as little as £1000 a month.
I guess it all just depends on our situations.
In addition to the video above I have made a video on how much it can cost to charge for a photography job
here you go
Here is some amazingly good tips regarding how you should advertise your costs and prices in photography and how that it is much more important to be selling yourself not your price list
My new photography book. click below