What is your household income/ lifestyle

[Lockdown12]

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!

7k per month
No mortgage
I child working, 2 finishing uni and 1 in 6th form between us.

Between 6-8k a month depending on whether DH does weekends or not.
Own house, 4 beds, no mortgage.
3 kids
I’m a SAHM of sorts in that DH has 2 businesses which I do payroll & admin for but from home.
Eat out / takeaway 2/3 times a week
Holiday 2/3 times a year abroad and several weekends away in the UK around work.

Eat out twice a week
Travel few times a year

Income pre lockdown: £2,900 a month (DH full time, me part time)

Income post lockdown: £1,900 a month (me on furlough and DH was reduced to 4 days a week so 20% pay cut)

1 DS, 3 years old

House with mortgage, 2 bed end terrace

Eat out once a month usually

Own a car each outright, they are a few years old now

Holiday abroad once a year

Income is over 200k. 3 kids (1DC, 2DSC)
School fees are over 40k per year
Probably another 10k on other childcare costs
Mortgage is 2.5k per month
One vintage car worth around25k
Multiple holidays per year
Usually eat out twice a week
Ironically we don’t really spend loads On stuff, but don’t need to think before we buy.
Savings and investments probably equate to 50ish k

I would happily give it all up and move somewhere and have a simpler life. Sometimes the stress makes it hard to breath.

We earn about net 7k a month (seems a popular amount on this post!)
No kids, but hopefully we will in the next couple of years.
we own our own home, an extended 3 bed semi with a large mortgage (we pay £1.8k per month).
We have two cars, both with over 90k on the clock.
We eat out/have a takeaway a couple of times a month.
I have an expensive hobby (£250 per month) and we travel multiple times a year, long haul in business or first class as that’s what important for us!
We save into investments and into our emergency fund.

Oh wait, income is down 50% due to me being furloughed (with no top up) and DP taking a 20% paycut

Including TC and CB less than 20k.
We live quite well, but are frugal anyway.
Holiday abroad, not cheap package, every other year.
Private school fees.
Entertainment, theatres, etc.
Have a drink at home, not into pubs.
Currently household income £1k pm due to loss of income.
One car
One dependant (dd 16)

DH earns 60k net I'm a SAHM, we have three DC. We live in a 2 bed HA our rent is under £600 a month. We don't save and are crap with money really . Don't go out to eat rarely go on holiday but seem to have very little left over.

100k annual income
No children
Two 5-6 days holidays per year
Eat out/takeaways several times a week

Net monthly income £9k a month plus annual bonuses of around £40k net.
We both used to earn more but I stepped back after having DC and also went part time and DH took voluntary redundancy at the end of last year and took a different role which is more 9-5 and much better for family life. It has meant we had to look at what we spend rather than just spending without any thought at all but I realise we are very fortunate.
Mortgage free in a nice enough house, not a dream house at all but in a nice part of London.
2DC private school/ nursery £2.5k a month
Household bills - food, fuel, insurances etc £1.5k
Discretionary spends (clothes, socialising, kids clubs etc) £1.5k
Holidays and other short term savings (house maintenance, car savings) £2k
Long term ISAs and pensions £1.5k (plus whatever we get in bonuses).
Drive one 6yr old car, holidays usually one 2 week hot in Europe, one week skiing, one week in UK and a couple of weekends away - we do go to naice places though and easily spend £15k a year on holidays/short breaks- this may change.

About 4K net a month but fluctuates as I'm self-employed. One toddler DC. We own a rental property as well as our home, so that provides us with a bit of income.

Mostly UK holidays with dog last couple of years but generally abroad at least once or twice a year. We run two cars. No childcare costs currently.

Income approx £3300 pm.
Live with partner, no kids. 2 cats.
Rent is £650 a month.
Save approx £400 a month.
I have some medical costs £300 month.
We have a nice standard of living but no fancy cars or expensive holidays, but do eat out once a week ish, dont worry about food costs, have weekends away etc.

name changed for this

14K net per month plus a large dividend each year
4,500 mortgage
40-50k travel
£200 week PT/ boxing for me and DH
£160 kids tutors/activities
eat out 2-3 times per week
cleaner 3 x per week £180

Monthly net £11k

Both work FT, me around the dcs school hours

Mortgage on standard terrace about £2k

Kids at state schools

Savings up and down, trying to use it over pay mortgage at the moment, currently zero

1 bog standard car

Don't really eat out but go to a really nice restaurant maybe twice a year

4 holidays a year, usually 1 abroad the others in the uk, rarely long haul though have done that once. Abroad is usually France.

Normal life style, nothing fancy apart from the holiday frequency I'd say.

Me, DH and 2 teen DC. 70k household income. We put about 15% in pensions. Small mortgage, £600 PM on 3 bed semi in decent area. We live in the NE so money goes further especially in terms of housing. Have some savings.

Our lifestyle is much better than when the kids were small. We rented for years, and income was less than half what we earn now, plus had childcare costs. Looking back I have no idea how we had anything left, but its true what they say, your standard of living stretches in line with your income.

We like to spend our money on holidays and experiences rather than stuff. I run an old car and couldn't care less about new phones and gadgets. The kids are also not bothered about expensive i gadgets and designer clothes or fancy trainers. We holiday usually twice a year abroad plus uk short breaks or city breaks usually around concerts, events etc. We eat out probably once a month and might have a takeaway once a month. We like the gym but don't have any expensive hobbies

15k per month take home pay. 4 bed house. 2 cars. 2dc at boarding school (6k a month).
Ski once a year, summer holiday, some other breaks. Not an extremely "rich" lifestyle. Spend a fair amount on clothes. No debts . Savings.

Name changed.
After pension 2.5k a month. Full time single mum. Only one DC left at home. No mortgage, no debt, no credit cards. £150k savings.

Own car, top of range phones, sky/prime/netflicks and Disney. Before C19 ate out at least 5 times a week. Don't really buy much stuff or clothes.

If you're interested in how income changes after becoming a parent, the advice I'd give is to look at your housing costs, rental or mortgage, and discuss with your partner what you'll contribute after baby arrives.

I didn't really think about this and found myself paying half of our unmanageable mortgage on vastly reduced maternity pay, with scarcely anything left over which limited what I could do with my son. It wasn't a healthy relationship financially or otherwise but that's another story!

Also please consider what you want to do about working in the first few years, being a mother does have an impact on how others see you work wise, and you need to be prepared. I'm of the opinion that going part time usually means doing full time hours for part time pay (in medicine) so went back full time as quickly as I could, depending on your career that might not be the case.

All the best for the future!

Gross income of £215k a year.
No kids, by choice.
Tiny house but in a great location with a mortgage of £2k a month. Renting the same property would be a cost of about £3,200/month.
1 nice and almost new car owned outright (we live in a city so don’t need a car each)
£150k in savings and about another £50k in shares.
Great pension schemes and death-in-benefit cover through work.
Hoping to buy a much bigger second house this year and rent out the first one.
Eat out 2-3 times a week.
3-4 holidays a year plus long weekends away etc.

Generally have a really lovely life thanks to our income.
We’re able to help family and support charities.
We’re saving heavily for the new house, but tend to spend fairly freely anyway on nice things.

Jobs are quite secure but imagine bonuses will take a hit, and what accounts for about £30k of our income.

We have several holidays a year but they are all camping/UK holiday cottages and in total cost about half what a AI week in the sun would. So someone else might do just that week in the sun, it's not that we are so much richer, we just made a different choice.

£130k joint income. One child, decent mortgage. One big family long haul every year (literally spent my twenties travelling so that’s plenty!)

Take home £4.5k between us each month

£750 mortgage
£350 childcare

No debt other than mortgage. Cars owned outright. One foreign holiday a year. Couple of weekends away. About £18k in savings for renovating our house.

Spend too much on eating out and petrol normally - shocked to see how much we’ve saved during lockdown

£75k between two of us.
Two dc, I work in a school so only need ASC.
Dh higher earner (he’s been unfurloughed the lucky duck, though mine’s being topped up).
Zero mortgage now as fil paid off the remaining £20k left ❤️ This happened about three weeks ago, bless him.
We go on AI holidays usually for two weeks, and have lots of weekends away. I take dds away often during the school holidays.
Going out, we’ll go out for dinner once a month all together, take away once a week. If we’re away we’ll go out more. We go out independently with friends once a month.