I’m 29 and a married mum of 15 month old twins.
I am starting part time work (2 days a week) soon and DH works full time.
Our combined household income once I start work will be around £5300 monthly.
After taking childcare and all household bills out, we give each other a healthy amount of spending money for ourselves and the kids.
I then am able to save £350 monthly for long term savings and DH saves around £700.
His savings however will mainly need to be used to support his parents as they have are in financial trouble.
Is £350 a month okay to save currently with young kids? I could maybe save more but it would mean compromising quality of life in the present.