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Help me to move out?

2 replies

ShadowTheHedgehog · 04/01/2025 11:58

I'm 26 and still living at home with my mom but I would ideally like to buy my own place beginning of 2026.

Take home pay according to the calculator (not sure how accurate it is, this is my first month at a new job so no pay slips for reference yet) is £1751.87.

Monthly outgoings:
Board/rent £500
Phone bill £12
Petrol £50-60
Road tax £16.62
Music/streaming services £13.98
Car insurance has been paid annually.

How much money do you think I could put away whilst still having some left over for myself?

OP posts:
FlutteryButterfly · 04/01/2025 12:02

So you have around £1100 after bills? Give yourself £450 fun money for the month and save £650. Don't forget the occasional unexpected bill/repair though.

ShadowTheHedgehog · 04/01/2025 12:06

FlutteryButterfly · 04/01/2025 12:02

So you have around £1100 after bills? Give yourself £450 fun money for the month and save £650. Don't forget the occasional unexpected bill/repair though.

Thank you, sounds like a good balance!

OP posts:
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