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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Original poster

To ask how much money you have left...

175 replies

PaperdollCartoon · 09/01/2016 18:28

After paying for essentials each month? So after paying your rent/mortgage, food and bills, travel and if applicable childcare, what's left 'spare' for socialising, buying clothes, going out etc etc. And are you able to save much?

DP thinks we don't have much money left after bills, I think we have more than enough and I likely more than the average person. If it's not too completely rude to ask, would you mind sharing what you have spare? Thanks so much Smile

OP posts:
UptownFunk00 · 09/01/2016 21:25

About £200 each so maybe £400.

That'll be going down when DC2 is born in February I'm sure.

canyou · 09/01/2016 21:28

Sad i got paid on fri, paid the rent, the loans (all belong to dp), food and €20 petrol, I also had to pay for a new tyre I have €5 left until next fri.
Dp wages pay his other loan, maintenence and the €40 left goes towards the bills.
I had a freak out today about money tbh as our oil that I saved for and sold my beautiful and only expensive necklace I had to heat our house for winter was stolen. I am not sure how we heat the house now, but will go and speak to the credit union about topping up DPs bastardy loan.
On the upside I have fuel for the stove thanks to cutting down trees last year, fuel for the car and food for the week, and the DC are healthy ☺ The rest will happen

Salene · 09/01/2016 21:30

Purpletree

I'm a p/T (2 days a week engineer in oil industry). For this I earn around £20k

My husband is a offshore driller in Africa and earns close to £200k . It also pus lower tax as his employers cover some of the U.K. Tax as a incentive not to quit (as many do as its hard going) It's a very well paying job but pretty dangerous and shit working conditions & he spends half his life on a floating prison. So there is big sacrifices for the high wages.

Bluecheese22 · 09/01/2016 21:33

About 3k a month between us

PeridotPassion · 09/01/2016 21:40

It's hard to say tbh because we don't set aside an amount for 'extras' iyswim.

After the mortgage, bills and petrol we have about £1200 left atm - but that's to cover basically everything that's not a Direct Debit or regular bill or car related.

So we have a budget of £300 a week for all food/toiletries/household/clothes / treats /savings etc. And although we get paid monthly, we take a weeks money at a time from our joint account so will only spend a max of £300 in one week and save anything left over. I'm quite religious about it and the rule is that any of the weeks money left on a Monday is untouchable and goes into savings.

Sometimes we'll save £200 on a (good) week where there've been no birthdays, haven't really spent much on going out so literally just had to buy food.

Sometimes we'll spend it all because we've had a takeaway and I've bought clothes for the dc or we've had a day out and so on.

Turquoisetamborine · 09/01/2016 22:38

At the minute I'm on the arse end of maternity pay so we will have about 400 each this month after all bills, food and petrol.
When I go back to work in April we'll have about £2000 in total but we will save about £600 of that and we are going to take out a loan to build an extension which we aim to pay off quickly so that will probably go down.
I know we are fortunate but we live in an area of cheap but nice housing. If we lived in the city about half an hour away we would be paying three times as much for our house.

Original poster
PaperdollCartoon · 09/01/2016 22:50

CherryBlossom We live in Surrey, it's expensive here. We don't have children though which helps, we need a significant income uplift before we could afford childcare round here, let alone everything else Smile

OP posts:
Titsywoo · 09/01/2016 22:53

About 3k spare. We haven't saved a penny as we have extended our house this year so have been ploughing money into that.

BadLad · 09/01/2016 23:03

About 4k between us, of which we spend about 500 in a normal month.

Allyoucaneat · 09/01/2016 23:05

After bills and food I have about £100 left per month, dp the same. But that needs to pay for any clothes, shoes or extras that might be needed and saving for holidays.

We both work 3 days each so we have no childcare bill and live cheaply. We choose to work less and as a result we have less money.

YohY · 09/01/2016 23:08

About 2000K

YohY · 09/01/2016 23:09

Sorry that was meant to read 2K

Iwasbornin1993 · 09/01/2016 23:11

We use OH's salary (approx. £2.5k) to pay all monthly outgoings (mortgage, utilities, car payments, food, going out etc) and mine goes straight into our savings. So we usually save around £1.8k per month, but we've just bought a house and have a wedding to pay for this year, so we haven't been as good lately! We're in the NW though so in general outgoings are lower than they could be elsewhere. Also no DC yet!

alice298 · 09/01/2016 23:15

About 3,500 left over - our mortgage is nearly 4K!! My husband works all hours God gives so there is a price to be paid. In fact I am 14 days away from my due date with no. 3 and he is abroad - about as far away as you can get from UK - until 8 days before my due date. So.... We have plenty of money but I may do labour alone!

Justaboy · 09/01/2016 23:20

Is this question really relevant and does it even make sense?. After all we each have differing incomes and expenses as long as it meets Mr Micawber’s criteria i don't see the point!

Writerwannabe83 · 09/01/2016 23:21

I'd genuinely love to know what some of you do for jobs, with that kind of disposable income! Mine is somewhere in the middle but I thought we were well off until I saw this thread!

I feel the same Grin

FlatOnTheHill · 09/01/2016 23:25

Writer
I feel the same. There are so many with a lot of money left over each month which is fantastic but what jobs do they have? Quite interested to know

ManneryTowers · 09/01/2016 23:28

About £600 between DH and I, from which we take out about £200 for savings. We should save more, but we're investing most of our disposable income in doing up the house slowly, rather than borrow more.

NewLife4Me · 09/01/2016 23:29

Justaboy

You beat me to it. Grin

scarlets · 09/01/2016 23:30

At the moment, about £6k but back in 2007-2009 it was about £100. We're thankful for the improving economy, and count ourselves lucky because we don't work harder than average. We save a lot of it because DH job is unreliable and mine is stable but very part-time, so another financial crisis would be problematic.

TheWitTank · 09/01/2016 23:30

Probably between 800-1000 after essentials and bills.

ManneryTowers · 09/01/2016 23:31

Where the eff did I go wrong? I work my butt off in a professional job and am cleaning nowhere near some of these figures. I feel rather small and a failure!!

ManneryTowers · 09/01/2016 23:32

*clearing!

MytwinisMilaKunis · 09/01/2016 23:38

7 - 10k. Which is a lot but we are self-employed so tomorrow it could all be gone plus we are on call 24/7.

minsmum · 09/01/2016 23:44

I know what you mean. I just got paid for the month, all the bills have been paid and I have 73.0 for food for the month. Whoops I haven't paid the council tax yet, I will do that on the credit card on Monday. It's not too bad the dc will pay housekeeping.

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