I and my husband are separating. We don't have any children together and both work full time on good salaries, have our own pensions, have a bit of savings etc. In lots of ways (obviously not the emotional) this separation should be easy.
I am keen to buy my husband out of our house and take it on by myself. It looks as though I can just about do this, although it will take me to the limit of what I can borrow. We have been comfortable financially together for a long time and have enjoyed the benefits of that so I am just not used to managing completely alone, although I know that I am lucky in lots of ways and many others have it harder.
I'm interested in how others have managed financially after a split. If anyone has advice on money management in these circumstances, that would be great (I'm not stupid or profligate; I just have had a prolonged period when I haven't really had to worry and am out of the habit of budgeting carefully).
In particular, how much would you say is reasonable for a modest but not miserable single life once the bills and mortgage are covered each month? A ball-park figure (or an exact one if you don't mind saying). I know how much the mortgage and bills will come to each month and I know how much I'll have left. I want to work out if it will be enough or if I will have to buy a cheaper place to live.
Thanks.