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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To ask how much money you have saved since lockdown?

568 replies

Cheapprimarkbra · 03/04/2020 07:43

... Compared to same 12 days of the previous month (23rd - 3rd)? Not including the usual bills, subscriptions/direct debits and mortgage/rent, have you noticed a massive change your outgoings?

I am a self employed freelancer (as is DP) and we both rent, so definitely not an enviable position.
Between 22nd Feb and 3rd March, I just worked out that I alone spent roughly £384 on train tickets, clothes, coffees, online orders, meals out and takeaways. This same 12 days I have spent £78 (just food, essential office supplies and a cheeky lottery ticket), so that means my savings total up to about £306 in TWELVE days! I feel almost ashamed at how easily I would throw money away, and will definitely reflect on this whenever I go to buy something that I don't necessarily need in future.

It will be interesting to hear other peoples' savings stories!

OP posts:
RedMoonRising · 03/04/2020 16:13

No Creche. Very little petrol. No hair/make up though I don't spend a lot there. £400 a month?

Hollyhead · 03/04/2020 16:14

About £500 so far.

IllegalFred · 03/04/2020 16:15

I expect a lot of people to be leading more pared back lifestyles than they did previously, but it won't necessarily be through choice.

I wonder how many people though will reassess their lifestyles after this is over? Maybe this will show them how much money is wasted each month.

I don't think much will change for people who have the cash to spend. It can't come as a surprise to people how much a coffee a day adds up to surely - not when it's frequently touted as the reason young people cannot afford to buy property! So if they were spending on those sorts of things before I think they'll continue to afterwards.

Sounsociable · 03/04/2020 16:23

It's interesting though as a lot of the things people are saving on are luxuries like hair, nails, takeaways, eating out, cleaners, gym membership etc, even owning a dog and thus needing a dog Walker means you have a certain amount of disposable income. The people who will feel the pinch are people who couldnt afford any of those things in the first place and might be on 80% wages.

Whatdoingmummy · 03/04/2020 16:24

We don't usually have much left between pay days, but we have £500 in the account. It's been a big eye opener on how much we waste on just popping to the shop, takeaways and other crap.

flumposie · 03/04/2020 16:40

Not sure. Had to buy a new laptop so my daughter and I could both work at home. Disney plus subscription. Spending more on food . More on heating and electricity. I think probably break even

DCIRozHuntley · 03/04/2020 16:49

Hmm. I think we've probably spent about the same as usual - possibly a tiny bit less due to savings on petrol, swimming lessons and entertainment at the weekends. Like others this is balanced out by the increased cost of food to eat at home as well as ebooks etc. I'm still doing online exercise classes and stuff so no change there - I don't actually enjoy the classes online but am happy to continue support my instructor who is amazing. Have also been paying the gardener and window cleaner in full so that's not changed.

I feel very fortunate that we can both work remotely from home (my role is remote working anyway). It's certainly not intended as smug. I'm genuinely grateful for our boring but secure jobs.

Sleepwhenimalive · 03/04/2020 16:53

I have spent 2k less this month than I usually would.

pickupstick · 03/04/2020 17:03

About £1400 due to nursery closing, DH staying at home, preparing all meals and having no takeaways or convenience food.

pickupstick · 03/04/2020 17:04

About £1400 due to nursery closing, DH staying at home, preparing all meals and having no takeaways or convenience food.

MrKlaw · 03/04/2020 17:06

HAven't seen the increase in gas/electric or food from people being in the house all day. Not looking forward to that.

Otherwise saving a ton. for me and DP - £300 train, £150 parking, £100 petrol. I'm saving loads on stupid food etc I buy while in London which is opening my eyes a lot on how much money I waste.

oh and £300pm on my DS living expenses at Uni which I've stopped now (although he's currently eating it :) )

ColourMyDreams · 03/04/2020 17:14

The husband is getting 4 weeks per gallon out of his car due to not being at work.

PhoneLock · 03/04/2020 17:21

No noticeable change. No commuting costs but we may be spending slightly more because we have to heat the house all day and electricity consumption is up too because we are at home working.

missy111 · 03/04/2020 17:24

None!
Costing me a fortune..extra heating and bills for this house, extra food for me and DS as I get breakfast and lunch at work, and he gets the same at school...

Verily1 · 03/04/2020 17:25

Saving on petrol and nursery but much more out on shopping.

ilovecakeandwine · 03/04/2020 17:25

I suppose this will make me think about frivolous purchases . I've saved very hard the last 12 months or so for a holiday that I won't be going on now 😢.
Me & dh always take our own lunch to work but on a Friday say I'd call in to the supermarket on my way home pick up something for tea like a pizza or a meal deal and a bottle of wine and maybe some treats like chocolate before I know it's £20+ . Today I'm just using whatever's in the freezer and drink whatever alcohol I have in . I suppose because you can you buy stuff you don't really need.

teenagetantrums · 03/04/2020 17:49

I wish . We both still working minimum wage jobs. Never went out much anyway and now both adult kids lost their jobs am trying to send them money. I'm trying to save now as l guess once this all over tax and no will go up to pay back all loans.

BertieBotts · 03/04/2020 17:51

About €60 when I factored in food. We spent less on transport and activities for DC.

SamsMumsCateracts · 03/04/2020 17:56

None, DH hasn't been furloughed but has been forced to take a £10k pay cut to help the company. It's put us back about a decade financially. I've been furloughed, but only work 16 hours a week in a minimum wage profession (nursery practitioner), so not being paid much at all. We're struggling to be honest.

FullOfCake · 03/04/2020 17:58

None. Foods up, still paying childcare. I expect it will go down abit in the next few weeks though

Jellykat · 03/04/2020 18:03

Insensitive much?

When so many Self Employed like myself, have lost their income, and have to wait until June!

JustInCaseCakeHappens · 03/04/2020 18:18

The OP is self employed too, it still is a good point.

LargeGinOnTap · 03/04/2020 19:25

It was going to be the Grand National tomorrow so there's £20 although that depends on what horse I bet on and if the horses won or not

NeverTwerkNaked · 03/04/2020 19:30

I think we have saved a fair bit
-no swimming lessons /gym membership-£100/MTH

  • no holiday clubs -c£400
  • no petrol -c£150

Am still paying cleaner because she lost all her work.

Bought some workbooks and stationery for the children and contemplating buying a desk for me.

Given some extra money to charity.

Am not delighting in the savings though, that money not spent will mean people have been furloughed or will be made redundant or lost their income.

Am spare into overpaying mortgage and building up savings.

BubblesBuddy · 03/04/2020 19:36

We have lost ££££. Our investments for retirement have plummeted. Pension savings are now not what they were. 20% gone - at least. Any saving on outgoings will never replace what we’ve lost.