How much do you have leftover at the end of the month?

[Littlelilaclamp]

Just that really. How much do you have left over at the end of the month after all necessities (excluding food) are paid for and do you feel comfortable?

We bring home about 2000 a month. £940 of that is mortgage and bills. So we have 1060 for food and whatever else. I know we don't bring home a huge amount but I always feel comfortable. We have no debts and live a fairly simple life.

Just been made redundant, so a long way into minus numbers .

I'm busy interviewing, and have everything crossed.

Am about the same as you OP but am single. It’s not really enough tbh (and I also live a fairly simple life)

You are asking the wrong question anyway.

Say someone has £500 left after paying all the necessities and bills and extra. They spend it on "treats", holiday, clothes.. because it's there. So the day before they get paid, they have next to nothing left.

@Nosuchluck

You’re all so good, we have a very, very high income and always end the month with an overdraft.

How?!

Nothing left over and my income is higher than yours / outgoings are lower!

My kids activities cost £500 per month and I do like my luxuries, so that explains it.

At the moment about 1k as we are spending alot less due to Coronavirus and some cancelled holiday refunds have helped out alot too.
Once we need to go into office and out more easily I expect it will be about half that. We are lucky and have paid off the mortgage now though.

I get the feeling op really meant 'how much do you have left after paying all essential bills' rather than at the end of the month. You could have nothing left at the end because you'd put thousands in savings!

I read "month" as "mouth". I feel queasy now.

After mortgage, childcare and household bills we have about £1,700 per month. We run our ca, buy food and have a holiday with this. We don't really budget but neither of us are frivolous and we manage fine. We regularly put money into savings. Last year we saved 6k.

Run our car even

Depends on the month, recently during lockdown I've had about £800 ( after all bills and food shops) pre lockdown when we went out more often, more petrol for my car etc. It was closer to £100-£200. That is always my safety benchmarch of having at least £100 incase of emergencies. If I know that I'm going to have an expensive month (Christmas, Birthdays, planning holiday) they I'll try and do overtime accordingly to make up the difference

dwiz8 it all goes because we spend it all.

Mortgage £1050
Uni contribution for 2 DC £1000
Food £1500 but this will reduce next month
Car and petrol etc £400
Savings £500
Holiday £1500 I think it will be less next year as finally broken the taking DC on holiday with us routine.
Weekends £700
Me for hair, lunch with friends, clothes £800
Bills, not sure I haven't added them up but not much as always switching suppliers etc
Mobiles £180 for 4
Gym £50
Cinema pass £17
We do some quite a bit on various Sky Q boxes and BY sport
The rest on random stuff such as things breaking or a birthday meal out.sport
There's never any money left.

@Nosuchluck

dwiz8 it all goes because we spend it all.

Mortgage £1050
Uni contribution for 2 DC £1000
Food £1500 but this will reduce next month
Car and petrol etc £400
Savings £500
Holiday £1500 I think it will be less next year as finally broken the taking DC on holiday with us routine.
Weekends £700
Me for hair, lunch with friends, clothes £800
Bills, not sure I haven't added them up but not much as always switching suppliers etc
Mobiles £180 for 4
Gym £50
Cinema pass £17
We do some quite a bit on various Sky Q boxes and BY sport
The rest on random stuff such as things breaking or a birthday meal out.sport
There's never any money left.

Then you clearly don't have a 'very high' income

That's why I was asking. You claim to have a very high income but nothing left

@Nosuchluck

I'll get my violin out for you. Poor you, no money left over for more clothes or getting your nails done. Do you want a gofundme set up?

Someone getting through £8k+ pm is buying/doing a lot of things that almost no-one can afford, by making very expensive choices at every turn.

Just because they run out of money before they run out of things to buy/do doesn't mean that they don't have a very high income.

@BradPittsLeftTit

I guess if you have no debts and live a simple life and are comfortable with what you have left then what does it matter what anyone else has?

Feels like a nosey post if it won't change anything for you and you're ok with your lot?

My thoughts exactly.

@Nosuchluck

You’re all so good, we have a very, very high income and always end the month with an overdraft.

it's not just about budgeting, some people live in much cheaper areas, have next to no childcare cost, don't spend any money work related..

but if you spend more than you earn, you should start tracking every single penny you spend on a spreadsheet or app, better living a bit tight for 2 or 3 months and building a safety net.

cross post, but no one is asking for your sympathy KeepingPlain

the competitive misery on MN gets tedious.

@BarbaraofSeville

Someone getting through £8k+ pm is buying/doing a lot of things that almost no-one can afford, by making very expensive choices at every turn.

Just because they run out of money before they run out of things to buy/do doesn't mean that they don't have a very high income.

Perhaps @dwiz8 is saying that if that spending list constitutes all income it's not what she personally calls a very high income

@SantaClaritaDiet

It's not competitive misery, from their stand point it shows little to no tact. They are saying they have no money at the end of each month and says everyone else does so well, while also saving £500 a month and managing to find £800 to spend on their hair and clothes. So they do still manage to save, in comparison to those who are in the negatives.

That's not misery, that's a good lifestyle. Their phrasing of what they said was so bad.

@Nosuchluck

dwiz8 it all goes because we spend it all.

Mortgage £1050
Uni contribution for 2 DC £1000
Food £1500 but this will reduce next month
Car and petrol etc £400
Savings £500
Holiday £1500 I think it will be less next year as finally broken the taking DC on holiday with us routine.
Weekends £700
Me for hair, lunch with friends, clothes £800
Bills, not sure I haven't added them up but not much as always switching suppliers etc
Mobiles £180 for 4
Gym £50
Cinema pass £17
We do some quite a bit on various Sky Q boxes and BY sport
The rest on random stuff such as things breaking or a birthday meal out.sport
There's never any money left.

No wonder you have nothing left, with such an extravagant lifestyle!

Not a lot but we save circa £2300-2500 a month which gets put away when we get paid, the money we keep back for food, fuel expenses gets used in full most of the time.

According to rich house poor house I’m the Low 10% Of being poor

We have quite a lot leftover as we have no mortgage any more and no car payments either.
Our only set bills are
Term time childcare
Electricity
Insurances (car, house, health and life)
Phone x2
Broadband
Food
Fuel
Savings for car tax and maintenance.
General savings

I may have forgotten things. We have about 2.5k per month to play with as such. But we usually just save a lot or use it on house projects.

My job is changing soon and my pay will increase and my new employer will now pay my health insurance costs so it's a win win there!!!

So in a few months we will probably have over 3k leftover. But we have a major savings goal that we are working towards.

It's gradually creeping up as DP is earning more now. At one point it was -£1998 on a two grand overdraft due to a family emergency.

The day before payday this month, it was £1700. But that's no cars, no holidays, no entertainment, no travel, less food and very little shopping other than just enough to get by on, together with only buying absolute essentials in clothing, as I was down to raddled gym gear and a nightie in terms of clothes that weren't full of holes and I need to look presentable now I'm back in the office.