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Cost of living

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How much per month do you need

26 replies

coiled · 23/01/2025 23:06

Considering moving house to upsize now I have 3dc at home but a 4 bed will really stretch our budget especially with 2dc in wraparound and one starting nursery soon.

I've had a look and think if we went for the house we love we would have around £700 a month left over for a family of 5 for the month - this is after mortgage, childcare, bills and food but doesn't include things like days out, birthdays or saving for Xmas/ emergencies etc.

Just wondering if people think this is doable or would be too much of a stretch. Not moving would save us about another £450 a month but current house is feeling very cramped and cluttered especially with toys etc and everything 3dc come with.

OP posts:
Uta100 · 24/01/2025 20:36

I would stay put, but I’m more interested in experiences, holidays & early retirement. I’m not bothered by a small house.

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