Am I being ridiculous?

[darkvelvet]

Hi,

We have recently moved house - we have moved back to our home town - It's me, DH and our two DC's - both teens.

Prior to this we lived in a 'cheaper' part of the UK and we were lucky to have no mortgage. The move back here, whilst the right thing to do has meant that we now have a mortgage for the next 15 years.

I have been going through our finances and it looks like after we have paid the mortgage and all other non- negotiable bills, we will be left with about £2000 per month. From this we will need to buy food and any other luxuries/non-essentials.

I am worried that this will be tight and that we will end up burning through the savings that we have. DH thinks I am being ridiculous and that £2k is lots

Am I right to be worried?

Surely this is a wind up?
Do people get paid for engagement on this site like TikTok? If not I can't understand why there are these sort of rage-bait posts.
What is the point of them?
"Oh help! We only have two thousand a month left after our mortgage and bills are paid!"
Grow up.

Yes. You are being ridiculous.

Sorry you lost me at the line 'we will need to buy food and any other luxuries/non-essentials'.

£2000 is only a couple of hundred less than my entire take-home! We manage, because I don’t have rent/mortgage to pay. So if you’ve that much left after mortgage and bills you’ll be fine. It might not cover as much as you’d like but you ought not to be burning through savings.

2k a month? Yes you’ll survive! That’s £500 a week. I’d love that per week to spend!

You know that's a lot of people's total salaries before tax.

🙄🙄🙄

This may sound harsh but if that’s for food plus non-essentials and you’re struggling, you’ll just have to stop spending on non-essentials. You won’t starve. My DS takes home £2k a month, lives alone, runs a car, and pays a mortgage and all his bills. You’ll manage.

This old chestnut again 🙄

Yes but he lives alone, he doesn’t have three other people to feed and clothe, etc.

if you are worried, then work out a budget - there are loads of useful tools you can use, to see where your money actually goes - I think MSE has a good one for e.g which breaks it all down into categories etc.
I would gently suggest that £2K pcm after all your bills sounds pretty comfortable, so unless you eat caviar three times a day, I expect you'll be fine.
Plus, surely you worked this out before you moved/took on a mortgage?
If it's the mortgage that is stressing you out, after having been mortgage free, then you can probably afford to pay a bit extra pcm, or annually.

Thats more than my wage. No sympathy here sorry. Id be loving life if that was my disposable income. You must live a rather comfortable lifestyle if your worried about that.

£2000 is slightly more than my entire household income a month.

@CeeJay81 but she wasn’t looking for sympathy and with all due respect your situation does not negate the OPs. So you earn less, that means she should not worry? She is not you though…

Well if someone earns less than someone else's spending money then that suggests they probably won't waste away doesn't it?

Having £2000 for food and spending money a month and worrying about it is so ridiculous that its hard to believe it was posted with good intention

Well I certainly didn't intend any violins. I just meant that if she is used to not having to budget, and now has to look more closely at what she spends, that's a useful life habit and well worth it to live where she wants to be. Of course it's not a tight budget, but it will require some adjustment. The mental switch would probably take 5 minutes for someone who considers £2K a small fortune, but everyone's circumstances are different.

You’re so out of touch it’s laughable.

🙄of course it's enough.

Yes, that is ridiculous.

Ok so @CeeJay81 what do you earn and what are your outgoings for comparison? Do you get any benefits? Are you feeding a family of 4? Is that your only income? Does your partner earn etc? It’s all relative.

Is this a typo?

£2k after bills is loads!

Can you write down your other expenses.

Are you subconsciously wanting to move back?

Absolutely tone deaf. OP, there are millions of people living with so, so much less than that. Lots of those people will read this post. You will manage. Make a list of non-luxeries that could be dropped, do a bit of a food shop budget. 2k is lots to have left over once all bills are paid.
We have about £1,000 left after bills and saving etc and live in one of the most expensive parts of the country, we manage fine. Calm down and gain a bit of perspective.

Wish we had 2k spare for fun money & food 🤣

Between four. It's not an obscene amount. (And I am not a high earner.)

I can't tell if you are replying to me or not, but I don't get any benefits. I'm single and that's my only income. Its just me and teenage DD, but I spend pretty lavishly on food I think and often get takeaway