This minimum income calculator scared the socks off me

(52 Posts)
3inABIRDsnest Thu 15-Dec-11 19:09:13

So I'm at home, dh works in an ok job. I just did this:
minimum income calculator

We are below the minimum income. Make sure you adjust for the housing cost as it assumes you have cheap rent...

MrsCog Thu 15-Dec-11 19:31:24

There's no way I spend that much on anything - £78 a week on food! Much nearer £50 and that includes alcohol and £78 a week on social/cultural activities?!!

rootietootie Thu 15-Dec-11 19:50:07

it lies, it's telling me we have an extra £92 a week, and trust me, we definitely dont grin

SantasNutellaFairy Thu 15-Dec-11 19:56:34

It says we have an extra 27 a week. It didn't allow any alterations on petrol/ transport costs which are pretty high.

ChristinedePizanne Thu 15-Dec-11 20:01:04

I am on income support. I need an extra 192 a week. Which is pretty much true - without my savings, I am going to lose my house soon and I can't find a job sad

Lynli Thu 15-Dec-11 20:04:19

There is no way I could spend that little on anthing. I don't rent but if I did I wouldn't get a rabbit hutch for that. Everyhting on there needs to be trebled, apart from alcohol. Water rates £8?

ChristmasIsAcumenin Thu 15-Dec-11 20:08:26

You need an extra: £173.21 per week

That would be amazing!

Ambi Thu 15-Dec-11 20:10:13

Oooh I need an extra £120 per week

smackapacca Thu 15-Dec-11 22:57:45

OOOh apparently I spent £100 pw on Social and cultural activities and £6.86 pw on alcohol.

I am one culture vulture!

smackapacca Thu 15-Dec-11 22:58:16

But I still need another £45 pw. Think of the culture I'm missing out on! sad

NonnoMum Thu 15-Dec-11 23:04:44

Apparently we have £100 a week to live on. But over £50 of that is needed for transport.


LivingDead Thu 15-Dec-11 23:11:16

We need an extra £89 per week, which would be nice, I could pay ALL of my bills and buy my children new clothes. Sadly even if I get a job, we will still be just about breaking even.

LittleTyga Thu 15-Dec-11 23:14:25

Christmas me too - I need another £172 a week - once I set them straight on Gas costs and rent in London.....£72 per week rent????? maybe in 1976 but not today! think I'll print off my results and pop it in the post to No 10....if can afford a stamp!

LittleTyga Thu 15-Dec-11 23:16:26

^OOOh apparently I spent £100 pw on Social and cultural activities and £6.86 pw on alcohol.

I am one culture vulture!^

Chance would be a fine thing - £100 on going out? a year yes - a week wtf?

bruffin Thu 15-Dec-11 23:30:36

We apparently have a spare 151 extra so how com we can't afford a holiday or the newish car Dh needs to get to work

QED Thu 15-Dec-11 23:33:19

Those figures don't seem to be based that mych on reality.

My water direct debit has just been put down to £10 a month though.

3inABIRDsnest Thu 15-Dec-11 23:38:04

Didn't notice the socialising budget - does that include tv and Internet etc do you think, or is it just for the cinema? grin at the thought of going to the cinema!

dontletthebellsend Thu 15-Dec-11 23:43:05

£145 a week on social and cultural activities shock

I would love to know where you can rent a house for 5 people at £360 a month hmm

spiderslegs Thu 15-Dec-11 23:45:09

£6.80 on alcohol per week?

cece Thu 15-Dec-11 23:53:58

Apparently we have £325 per week spare!

Wonder where that is going then...

TheSecondComing Fri 16-Dec-11 00:07:43

Message withdrawn at poster's request.

HarrietJones Fri 16-Dec-11 08:26:57

Apparently we are £57 short. Plus it's included £130 CTC. We don't get TC

HarrietJones Fri 16-Dec-11 08:28:40

Though food/alcohol/social is massively higher than we pay. Council tax etc is under estimated.

Merrylegs Fri 16-Dec-11 08:40:54

It's kind of accurate for us, but I would really like to know what 'people' (ie the ones surveyed?) think that we should all be entitled to. ie how many holidays a year does it include, if any?

I took the 'socialising' budget to also be anything spent on extra-curricular activities for the kids - eg music lessons, clubs, sports fees etc. If you factor those in it does kind of add up.

RillaBlythe Fri 16-Dec-11 14:57:38

intereting! we are about 5k short. don't' quite get it though.

MeltedAdventCalendarChocolates Fri 16-Dec-11 17:48:59

We are 9 grand short, but I would never spend all that money on some things anyway. I spend nothing on alcohol for example, I spend half the amount on food! I only spend maybe a tenth of the travel costs. I spend a tenth again on social activities... (what on Earth do you people doooo?)

MeltedAdventCalendarChocolates Fri 16-Dec-11 17:52:16

Just changed some of the details to suit us and now am 3 grand short <shrug>

marmiteandjam Sat 17-Dec-11 10:53:21

Apparently we're are about £8k short. Just graduated from uni and frantically looking for work. My JSA claim hasn't even been sorted yet and if it hasn't been sorted by the time my next lot of direct debits start to come out on the 1st then I will have to borrow money from my mum sad. Getting more and more anxious about the job situation by the day.

PattySimcox Sat 17-Dec-11 10:59:43

DH needs to earn £15k more hmm

bananamam Sat 17-Dec-11 11:04:03

Their council tax is way off...£21 a week??? If only and £111 a week to feed four people? That's three times too much!!!

BertieBotts Sat 17-Dec-11 11:12:13

It's subjective though, isn't it? They've just surveyed a load of random people to see what they think "people should be able to afford".

I think they must have surveyed some very sheltered middle class people grin

bruffin Sat 17-Dec-11 11:19:36

I have done all again making adjustments the it says £137 a week, however was unable to change travel costs which were a lot lower than we pay as it costs DH £80 in diesel a week to get to work and £17 a week for me to go by train to work.

phyllisdiller Mon 19-Dec-11 18:00:57

' that they can buy things that members of the public think that everyone in the UK should be able to afford.'...this is the catch, if it read ' that they can buy things that the government think that everyone in the UK should be able to afford.' we'd all do the calculator and look like millionaires!

Some of the costs were huge on that! £117 a week on food, not even counting booze (we spend £40-50 for a family of 4). £35 a week on clothes (I doubt I spend that in a year), £116 on social and cultural activities (do they mean down the pub? Still spend nowhere near that)
£20 a week on gas & electricity (we spend £43 a month and have a huge surplus)
Am I just stingy or are these figures realistic?

shrinkingnora Thu 22-Dec-11 07:38:11

What really pisses me off is that money has been spent compiling this vastly inaccurate pointless waste of time.

tallulah Thu 22-Dec-11 11:42:29

Our travel costs are huge and you can't change them, so it isn't at all accurate.

Our travel costs are small too (£60 a month on petrol as I walk everywhere ) <wonders where all the money is going>

Dillydollydaydream Thu 22-Dec-11 14:47:40

You have enough for a minimum standard of living.
Your income exceeds your outgoings.

You have an extra: £9.06 per week

Wow! How shall I spend it?!

deardear Thu 22-Dec-11 14:55:27

I wish I spent £45 pw on clothing and £120 pw on socialising! How do you find the timentomdo that with kids?

Almanzo Thu 12-Jan-12 09:31:44

Cool. I have £486 a week spare. (assuming the landlord likes their figure of £83 a week rent rather than the £450 we pay)

We have an extra £143.17 a week, apparently.

No idea where it's hiding though, and what does extra mean? Extra to what?

tommyhamster Mon 16-Jan-12 00:35:59

This is fun. We have an extra £1272 per week according to the calculator. Yay!

We have no mortgage and a joint income of £224,000pa, but even so this is a very silly calculator.

duchesse Mon 16-Jan-12 00:46:11

Woah, scary. We are £100 short per week apparently after adjusting various things. Both of us working, my DH just nudging higher rate tax. No wonder we're struggling to make ends meet.

duchesse Mon 16-Jan-12 00:49:00

The really interesting thing is that thanks to tax etc, we are only £20 a week better off with me working than not.

duchesse Mon 16-Jan-12 00:59:18

Phew, I just realised that it factored in £150 in social and cultural activities a week, and over £50 in clothes, and £6 on alcohol. We might just be solvent again.

Practically everything else on that costs list is a necessity which explains why we're always just about teetering.

Tac1 Fri 20-Jan-12 16:35:52
Mandy2003 Tue 07-Feb-12 14:01:01

Why does it assume everybody has a car?

Bunnyjo Fri 10-Feb-12 21:52:32

Our circumstances have changed dramatically over the last year. Sadly, DH is earning about 40% of what he was previously earning and, with an 8mo DS and 4yo DD, I am struggling to find extra work that fits in.

It reckons we're £75 per week too short and, sadly, because of the above and because the fucking twunts at HMRC would rather see us starve and pay us a lump sum at the time of renewal our tax credits have only been adjusted a small amount since DH was made redundant (believe me, we should now be entitled to WTC, HB and CTB, not just CTC) we are closer to £100 per week too short sad

ginmakesitallok Sat 25-Feb-12 16:44:58

well according to them I can afford to give up work and we'll still have a surplus of £20 a week or so hmm £108 a week on socialising?????? £10 on a couple of bottles of cheap wine and a big bag of crisps more like...

KatAndKit Thu 01-Mar-12 12:46:08

The "rent" is exceptionally low. Our mortgage payment is nearly double that and we are not in an expensive housing town and don't live in a particularly "valuable" house.

starsintheireyes Fri 23-Mar-12 21:31:36

omg lol There are loads of flaws in this; theres no option for a child between 1-2yrs, or 4-7yrs and even when you tell it you dont work, it still gives you a salary anyway,a childcare tax credit as well as housing benefit but no income support!? Whoever put this shoddy crap together should be immediately sacked, what a pointless inaccurate waste of money!!

sheepgomeep Fri 30-Mar-12 21:25:32

It's a load of crap!! I couldn't even get past the 'how many children live in your household' Apparantly a lone parent with four dependent children doesn't exist, it makes no allowances for families that have an uncommon setup.

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