To ask what is your disposable income and how you split it?

[Noseysoso]

Decided to post here instead of S&B for more balanced results.

I'm due to start a new job and I am currently daydreaming about finally having some money. Thought I'd ask and get more views to aid with my daydreaming and budgeting. -I'm also just nosey-

At the end of the month, how much disposable income do you have and how do you split this up (e.g £100 on clothes, £100 on meals out, £100 at spa) ? Lastly, what percentage is it of your net income?

Disposable income = money to play with (after bills and food).

I have about £80 per week to spend on clothes/make up/nails/hair/going out. It would be a lot more but I'm currently saving around £500 per month for a house deposit. DH has about the same. He earns less but the amount saved for the house has been agreed proportionally. We don't pool income, all the bills come out of my account and DH pays an agreed sum into it on payday.

We put everything into the joint account and then get £125 each per month to spend on things for us i.e. Books, clothes, nice shower gel, haircut etc.

There is disposable income that gets saved for i.e. Christmas and birthdays, holidays, general saving etc.

Overall we get 5% in total of overall net as our own money. There is other money we earn but that always gets saved as it's "extra".

Sorry, I've been out all day !

Phil I didn't think that really mattered as it's more of a nosey question and I'm aware a lot of factors go into it. I just wanted an idea of the average so I'm not too stingy with myself but also not too 'generous'.

Thanks for the replies, really interesting read.

I would say about 300 pm but it would be more if I didn't spend money on rubbish, tried to get cheaper groceries etc, massage, load of crap I don't need

£1800 for me. Similar amount for OH. Mine goes:
£500 savings
£500 overpay mortgage
£200 holiday fund
£600 fun money to include clothes, meals out, drinks etc.

Not alot at the moment because I have lots of different debts I'm paying down, once they're all gone I should have close to £2k a month spare.

Everyone seems to have loads of "disposable" income! I suppose I o my think of disposable income as money we can truly fritter away - and once we've paid for kids activities, saved for Christmas & birthdays, holidays, essential clothes/shoes for 4 people, school trips, car expenses etc we have very little truly disposable income. I can only dream of some of the amounts here! How anyone affords life is a mystery to me, we are constantly hovering on the edge of overspending.

I'm jealous at some of the amounts people have to spend each month.

We have very little in comparison to most posters.

It works out at roughly £125 per month for each of us.

I use mine for the odd meal out with friends, maybe a make up product or two if I'm running low and a couple of gym classes. Sometimes an odd coffee here and there if I have some left over.

We do it the other way round, ie allocated what's needed for essentials, put the rest aside for savings, apart from £100 or so for us each. If we need anything, that's what savings are for. How does someone spend £3,000 disposable income a month? I think I'm just very low maintenance.

Really don't have a clue! Enough that we don't have to budget. And usually can manage to save a bit each month.

Still not as much as I would like though

Disposable income after bills, shares purchase (£200/month before tax), savings for things like new washing machine, car maintenance etc(£100/month), groceries, ds expenses (clothes, school lunch, pocket money, clubs), running two cars and a dog, and all other essentials is around £300/month.

We don't really split it, it's just the money we have, sometimes dh will spend more sometimes me, neither of us take advantage, and it works ok.

About £300 a month but we put aside another £100 or so for stuff for the kids.

That covers lunches, social life, clothes, toiletries, any stuff I want to buy for myself.

Most of it goes on eating tbh. Spend £0-£50 on clothes.

I don't actively split mine.

Every so often I'll spend a month writing down everything I spend, to see where it goes. Which has the added benefit of making me think more carefully about purchases that month.

I have about 3k most months. I spend about 500 pounds on myself, and the rest goes into our retirement fund, unless we go on holiday. DW has about 2k except for twice a year when bonuses push it up to about 7k.

5K disposable income?! I'm in the wrong job!

DP and i will have about £100/month soon, and that's not including clothes/holidays/Christmas and DSs birthday

Oo er

The last two months I wrote it down, I spent £99 one month and £260 the other on "things"
(things as opposed to experiences - going to the pub or to the cinema was classed separately)
The things included clothes, books, perfume.

Are most posters on this thread middle-class and professionals? I am astounded at how much disposable income most people replying have each month!

Most people I know struggle to save anything at all. Fair play though.

We have a really strict budget and are saving most of our disposable income at the mo as we're buying a house and having a baby. But we split £300 between us to cover 'nice things' - coffees, work lunches if we ever want to buy them out, clothes, make up for me, video games for DH etc etc. I get a slightly bigger portion at DH's insistence because of the 'woman tax' - my toiletries and clothes are more expensive than his! (He's the best.)

He earns more than I do but we consider our money joint and always have done. It will be the same when I'm on mat leave.

I am flabbergasted at how much some people have as disposable income! I honestly don't know how I'd spend that much!

I'm a SAHM and lucky enough that DH earns enough that I haven't checked the current account balance for years . Some weeks I'll spend nothing on myself at all, save for the odd coffee or lunch out. Rarely (like last week), I might spend 1.5K on a course of treatments, but as I say that's very occasional. I don't buy clothes often, but if there's something I like I'll get it. So no idea as to an average spend really.

I suppose it depends on what you truly consider disposable. I have Netflix, Amazon Prime, a cleaner once a week, a gardener once a week and an ironing service once a fortnight. Technically all of this is out of disposable income because it's not the mortgage, bills or insurance (thus reducing what I can fritter away!).

Gosh! Single mum here. I was able to save £200/month until I lost my job unexpectedly.

As for not checking bank balance, I check mine every couple of days. My kids are learning how to afford stuff this way. We often go to supermarkets with £20 budget .... kids pick (with my guidance)

It's that shit.

beepbeeprichie yes I agree.

"disposable" for us is unused money, so that's once sky, Netflix. mobile phones, take aways, wine, gym membership is paid for. I am aware that is not how many live their life.

For us, we save- ie don't use around 25% of our income after even above is spent.