What are your running costs..and what is your income?

[incognito12]

Once again I am going through our running costs, and it adds up so quickly its unbelievable. I cant understand how we can be spending so much on just running a house. In total, b4 food and any money on clothes, savings or fun, we spend £1800 on just running the house and paying for a 2 finance aggreements (sofa and dining table) plus CC. Our morgage costs us £750 per month and is for £170k. My hubby brings in 2000 per month, plus commission which is never the same, so am trying to run us on just his basic.
Its crazy, how much does everyone else spend?? I want to see if everyone is in the same boat, or are we just living in an expensive area and should cut down. How much do you all have left over after all the basics are paid?

I'm sorry you have an interest only mortgage and no plan for paying it off? .. surely not

oh I assume the commission goes against the mortgage

sorry have read thread now

agree that cc should be paid off first; with your savings and any commission that your dh gets

if you come to the end of your Sky + and still want some 'treats' then an online DVD subscription will cost you about a quarter of that

Our income is currenly £361.66 a week and our outgoings are £360. Although DH's wages go up slightly in the summer (very slightly).
With this move to Cornwall our income went from over £74000 a year to just over £16000 ... and I still think its the best thing we have ever done.

My wages are £560 p/m - I (and dd) rent a council flat at £200pm inc rates, gas £40, electric £8pm, food £150pm, clothes £50pm, train ticket (monthly) £70, mobile £50, phone/sky/tv licence £40. Gonna have to start paying water charges (Im in NI) at £50 this year. Plus we have started visiting dds dad in England every 6 weeks at a cost of £70 for flights. The wftc, maintenence etc goes into isa and reg savings account so I can save for a mortgage- hopefully my monthly savings will cover what I need to pay in mortgage payments, once I get there (and at £160k for an excouncil house on my estate that wont be anytime soon)

Quite often it does worry me, but to be honest we are at the beginning of the morgage and we do quite a bit of equity in it. We also do intend to change to repayments, but I hope we do that sooner rather than later. Maybe we will hold out till we get some inheritance!!!

About 3k a month afetr tax for our income. Bills are £700 a month, not including petrol or food.

3k a month?? oh jesus i wish!!

Food/petrol £450
Charity £132
TV license £11
Life ins £40
House ins £47
Union payments £15
Endowment £35
Sky £53
Pocket money for DH to spend how he wants £190
Pocket money for me £130
Mortgage £920
BT £13
Elec £30
Gas £60
Student loan £86
Water £21
Council tax £115

Also we put money away each month to save for certain things...
DH's season ticket £65
Christmas £50
Car maintenance/tax/MOT etc £100
Remortgage when discounted rate runs out £25
Holidays £250
Pension £200

nh - £130 to charity a month? More than your pocket money! That's truly admirable, we give a paltry amount in comparison.

My DH brings home £4000 a month (me £1500) so it is the least we can do really. I am going to up it actually as I got a £1050 pay rise this year and we don't need the money. NIce situation to be in but it makes us feel guilty too!

well that's still good!Better than wasting it all on posh frocks or whatever. dh brings in about the same, me less so after childcare(but soon to be nought in my case)so maybe we shoudl do more.

We sponsor a child in Vietnam with Plan UK, it is only £12 a month, but we send him letters and photos and he sends us letters back, it is so nice! We got our first letter from him yesterday and he said "I was so pleased when I heard I was being sponsored by you. Now my arm doesn't hurt any more"

I assume he was able to have some treatment on it - bless!