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Cost of living

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How much do you have a week or month after all bills…

25 replies

SunnyWavess · 31/08/2024 01:04

Such as food. Petrol, miscellaneous,

…..

OP posts:
wavingfuriously · 31/08/2024 03:16

Zilcho

AnotherVice · 31/08/2024 05:02

£0

WoahThreeAces · 31/08/2024 05:11

I have about £50 a week to spend on non essentials

HollyKnight · 31/08/2024 05:18

What is the point of your question? Some people will have nothing. Others will have a lot.

I dont know what we have left over because what doesn't get spent just rolls over to next month. But it's at least £1800-2000 because that's what gets transferred into the savings accounts at the start of the month.

Andtheworldwentwhite · 31/08/2024 05:37

It isn’t a fair question. As an example 20 years ago I would have said barely anything. Now weekly.
spending £200
petrol ( so that every other week )
food £150

but I don’t have small children I have a 20 year old. If I had small children it would be barely anything.

Miaowm · 31/08/2024 05:50

It varies a lot but about £400 a week

DreamW3aver · 31/08/2024 05:55

What are you trying to find out? The questions is meaningless and could have every answer from negative amounts to thousands of ££. Everyone's different, this is really just a random number generator

sleepandcoffee · 31/08/2024 06:21

We live in a cheap part of the country so have £1300 left currently , we will soon be moving south and will be left with £500 - it's all so individual so no point comparing

feathermucker · 31/08/2024 06:36

How much do you spend?

RuthW · 31/08/2024 07:41

I'm quite well off now but when dd was at uni a few years ago. If i had £120 left a month after bills, food etc then I was happy.

LottieMary · 31/08/2024 07:44

Total income 4400
bills (direct debit not food eg ) 2600

VictoryOrDeath · 31/08/2024 08:35

DreamW3aver · 31/08/2024 05:55

What are you trying to find out? The questions is meaningless and could have every answer from negative amounts to thousands of ££. Everyone's different, this is really just a random number generator

This^.

And everyone will have different definitions of what 'after all bills means' as well.

VictoryOrDeath · 31/08/2024 08:35

'after all bills' 😄, it's too early.

violetcuriosity · 31/08/2024 08:36

We save £1000 a month atm because we need to move house next year so currently have £100 a week left each. £5000 a month income.

Viviennemary · 31/08/2024 08:37

Not sure. I rarely check.

EveryDayisFriday · 31/08/2024 08:38

Everything after bills goes into savings, so yes we have money but it's gone from our account but keep maybe £100 as a buffer.

Notmycircusnotmyotter · 31/08/2024 08:38

I've no idea, which is a great privilege to never have to check or worry. Probably £2000 each month, sometimes more sometimes less.

Bjorkdidit · 31/08/2024 08:39

DreamW3aver · 31/08/2024 05:55

What are you trying to find out? The questions is meaningless and could have every answer from negative amounts to thousands of ££. Everyone's different, this is really just a random number generator

This. Plus the question is so poorly defined. What are 'bills'?

Bills themselves vary hugely from a few hundred for someone who is mortgage and child free to a few thousand for a family with a big mortgage and childcare payments.

Then would you include things like car servicing, MOT etc that are essential but happen randomly throughout the year. What about if you save up for cars vs take out a loan? The cost could be very similar, but a car loan payment is a bill, but a car paid for out of savings isn't a 'bill' but needs to be included in the budget somehow.

It's not just a random number generator but one where you're asking for random X - random Y = random Z where X is income, Y is essentials and Z is what's leftover.

Yet this question comes up all the time on MN. I'd love to know what people think they get out of comparing themselves with people who's circumstances might be totally different telling them a number between -£x and £y000?

Beachfront · 31/08/2024 08:46

I need to build up an emergency fund at the moment and also saving for Christmas activities, gifts and food and holidays. Anything I have left after bills goes into savings. About £300 normally

GiveMeSomeWaterItsHot · 31/08/2024 09:20

After all essential bills, we have about £2k leftover. That has to pay for food/charging the car when we go to work (usually charge at home) and savings for holidays etc.

Rainbow1901 · 31/08/2024 09:26

It varies from month to month but we are paying down debts at the moment. We move all bills money, savings and debt payments to other accounts so it can't be spent on other things.
The balance left covers everything else but we divide that by the number of days left in the month. So say we have £400 divide that by 30 - so potentially we can spend around £13 per day. But obviously we have no spend days and shopping days - in a good week we have spent only say £50 on food so now have £350 left but now only have 21 days left of the month. So we could spend £16 per day. Obviously other days we may spend more on other bits so have less but doing it this way means that we feel we never have nothing left at all. There's always a few quid to be had.
In my opinion there's nothing worse than thinking I literally have 27p until payday which is still 8 days away - and I feel for anyone who ends up in that position - it's horrible.

coffeelateperson · 31/08/2024 18:58

£1000/month

Debtfreegoals · 02/09/2024 16:06

After all bills and food shop etc. we are left with about £200, very fortunate to have something left but it goes very quickly!

IndigoIsMyFavouriteColour · 03/09/2024 18:32

It depends what you mean by 'bills' really. For example the last few months we have been neutering our cats so a sizable chunk of our disposable income has gone on doing that. Its a necessity but not a 'bill' as such. Other months it might be sorting out one of the kids bikes (they use them to get to school so essential) or replacing a pair of shoes for one of the family.

At the moment we are managing to get through, pay out for extras and have £200 a week (ish) for food shopping. Which I'm happy with but would love to cut down as even £150 a week would leave another £200 a month on days out or Christmas prep or whatever.

Newtrix · 06/09/2024 16:21

We have an account our wages go into and which all household bills come out of. We then put a large portion into savings and investments and then transfer £500 a week into a spending account but this does include the weekly food shop and petrol. Any left goes back into our main account.

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