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What is your household income/ lifestyle

272 replies

Lockdown12 · 03/05/2020 14:01

What is your household income and what lifestyle do you manage to have on it?

Do you have children? Own your own house? Go on holiday? Go out for meals?

I don't have children yet but am interested about how the financial situation might change when we hopefully do!

OP posts:
user1487194234 · 03/05/2020 15:07

£7k net a month
2 teens
Small mortgage
Eat out 3x week
Go on holiday

1990shopefulftm · 03/05/2020 15:17

2.5k a month
We have a mortgage for our house
I m pregnant with our first and confident we ll manage financially with savings and a couple of cuts.
We can afford holidays every couple of years.
We go out for a meal or have takeaway once a month.
We live in the north west so living costs here are much lower than other parts of the country.

Rainycloudyday · 03/05/2020 15:21

Income £4.8k/month
One and three year old in nursery 3 days a week
Both DH and I work four days around childcare
Mortgage £880 per month
Generally save and spend a lot on doing up our house
Rarely eat out but are home birds really, could afford it we’d just save less

Rainycloudyday · 03/05/2020 15:22

Should also have said we usually save between £1,000-£1,200 per month but then do tend to spend a chunk of savings in one go on a project for the house

fairydustandpixies · 03/05/2020 15:25

£520 a month, live alone, no mortgage, aged 48.

Nixen · 03/05/2020 15:33

80k p/a household income
We have 1 toddler
I work 4 days a week, DH 5 days a week
We own our home with a mortgage, hoping to buy something bigger soon - it’s 2 bed 2 bath.
Travel as much as possible (2 holidays abroad last year and 2 in U.K.)
Eat out frequently pre lockdown

MissMarks · 03/05/2020 15:37

110k annual house hold income. Two kids and a mortgage. Nice life but kids at private school so we don’t live as excitingly as we would like!

Happygirl79 · 03/05/2020 15:41

13k per annum
Single
Retired
Home and car owned outright
Manage well and usually take holidays each year

BadJanetsMobile · 03/05/2020 15:41

Around 90k pa income between Both me and dh.
We both work 5 dayd a week around 35-40hours depending on the week
Have 1 dc who is 4 starts school in sept we pay around £300pm on childcare now as she gets her 30free hours

We go on at least 1 hol per year
Own a 4bed detached house
Have 2 cars
Dh and i have atleast one night out togethet per month
We have substantial disposable income for example I can afford to fund training courses to further progress in my career eg degrees/masters level qualifications
However all this is subjective as it all depends where in the county you live how big your mortgage is how much you want to spend on cars etc

GrumpySausage · 03/05/2020 15:44

Income 3k a month.
2 children, one still in childcare.
Mortgage and we're looking to move shortly and increase mortgage.
Go out for meal once a week.
Can afford holidays but we don't do many.
We're comfortable and will have the odd treat.
In East Midlands so house prices/mortgages not the highest.

GrumpySausage · 03/05/2020 15:45

Sorry income should be 4k a month.

Nixen · 03/05/2020 15:47

Should have maybe added we are in the Home Counties so that money doesn’t go as far as it would elsewhere 😉

Kerlassic · 03/05/2020 15:52

7k a month net.
Own home, three bed semi in nice area. Have extended kitchen and done loft conversion. Big mortgage, 2.5k a month. We have about 300k equity.
Own two cars, both worth a couple of hundred quid.
Two children in state school. Pay for a bit of childcare, about £400/month.
Go on nice holidays. Sometimes spend 10k a year on holidays.
Buy whatever we want food wise/going out
Kids have nice clothes and do loads of clubs.
We can have sky/Netflix/prime/Disney plus
Able to have private health insurance, small luxuries like a dog walker, able to buy plants for garden without worrying etc.
Have some small savings, about 10k, but we are quite big spenders. No debt except mortgage.
Basically the money makes day to day life very easy and comfortable, but it’s not enough for something like private school or 2 x £50k cars for instance. DH should be getting a 60k bonus at some point this year and we will stick most of that in savings, and he wants a new (to him) car.

brentwoodbaby · 03/05/2020 16:00

Income is around £6k a month. Mortgage is £1200 a month (rent for the same type of property in this area would be double). Childcare is £950. 2 kids.

We have a few holidays a year- normally one abroad, a couple of UK long weekends and at least one city break.

We eat out a lot but if lockdown has taught us anything it's that we spend an inordinate amount on fuel and food so I hope that post lockdown we eat at home more as we were definitely wasteful before- often not appreciating eating out just doing so for perceived convenience.

hopeishere · 03/05/2020 16:07

Income about £7k per month
No mortgage
Used to eat out a lot (I miss it so much!)
Last year - two foreign holidays and two holidays in the UK

ArtisanPopcorn · 03/05/2020 16:13

About 65k
I work almost full time DH works much more than full time
1 DD who does a lot of extra curriculars
Holiday abroad most years
Own a largish 3 bed semi with parking for 2 cars, near beach and woods.
Drive v old cars because they are just to get from A to B

Tartyflette · 03/05/2020 16:19

Net monthly income around £5.5-6k, home and cars owned outright, no kids living at home. Good savings.
Holiday several times a year, including winter escapes.
Eat out several times a month in normal circumstances, mostly with friends as part of our social life. Entertain at home quite a lot too.
We realise we are very fortunate that we don't have any money worries now (having had them in the past) but OTOH we worked hard to get to this position.

missyB1 · 03/05/2020 16:23

Income 5k net a month.
Mortgage 2k a month
School fees 1.6k a month 😱
Then all other utility bills etc and professional fees on top.

Pretty scary when I see it written down like that! But we manage to have the odd night out and one holiday a year. Would love to downsize to a cheaper house - can’t persuade Dh 😕

YahBasic · 03/05/2020 16:24

Both work full time and household income is 120k.
Own a 4 bed house.
2-3 holidays per year (two long haul last year).
Eat out a couple of times per week.

However the rest of our lifestyle is frugal - meal plan and shop at Aldi, old phones not on contract, one old car between us that we bought outright.

Also got a huge chunk in savings - probably 3 times our income that we have invested for a rainy day.

K1999 · 03/05/2020 16:25

Own my own home no mortgage
First baby on the way
While I'm out of work our income is roughly 2-2,300 a month
Council tax is expensive here where I live but that's the most expensive bill we pay.

K1999 · 03/05/2020 16:25

Oh and I haven't been on holiday for years and we rarely ate out but do like our takeaways!

Oldandcobwebby · 03/05/2020 16:25

We are both in our 50s with one daughter in primary school. (We were very slow at this baby making business!)
Take home about £5600 between us.
5 bed detached house.
Mortgage free.
£350000 saved
3 (secondhand) Mercedes cars
We eat out every weekend and take 3 holidays a year.
I still find it hard to get my head around the fact that we can have whatever we want.
And, right now, none of this means much, anyway. We are all scared. None of us can go anywhere. None of us can do what we want.

FTstepmum · 03/05/2020 16:27

Our joint monthly income is £2.5k
We have 4DC (5, 8, 9, 12).
Small mortgage of £90k.
Maybe a week camping each year.
Eat out about twice a month.
We're not well off, but we are happy.

JourneyToThePlacentaOfTheEarth · 03/05/2020 16:28

Net 70k. 3 kids, big mortgage. 2 are teens, and they are v expensive. And we're paying debts from our poorer days which eats up a fair portion of our salary. One car, 4 bed house. Take away once or twice a week.

JourneyToThePlacentaOfTheEarth · 03/05/2020 16:30

Sorry that should say not 7k a month