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Original poster

How much disposable income do you have each month?

61 replies

RosieLeaLovesTea · 16/07/2022 21:36

How much disposable income do you have after all of you mortgage/rent, bills and living expenses have been paid?

OP posts:
GCHeretic · 16/07/2022 22:58

RosieLeaLovesTea · 16/07/2022 22:34

Mine varies a bit because I am employed but also have self employed income.

I use an app to track my income, bills. Expenses, and spending.

june - I had £650 left
May - I was minus about £750 as I part paid for a holiday and mortgage
Application fee
April - I had £302 left
March - I had about £2000 left but that was due to some self employed income coming in.
February - I had £557 Left
January - I had £900 left

About £20,000.

MyDogsTheBestDog · 16/07/2022 22:59

I'm not even going to bother answering after seeing these figures!

MissyCooperismyShero · 16/07/2022 23:20

Well we save about 2.5 k monthly, so all of that I suppose.

countdowntonap · 16/07/2022 23:51

@Carrieonmywaywardsun Unfortunately we are yet to be blessed with any children and so that equates to a
high disposable income.

gogohmm · 16/07/2022 23:54

Quite a lot but it gets transferred to pensions, isas etc because we aren't too far away from retirement. I don't consider it disposable because it's essential to save it

LilacPoppy · 16/07/2022 23:56

Approx £3k after bills and food. Not including hair, clothes, Christmas holidays etc though

tigerbear · 17/07/2022 00:27

About 2,500

Tangled123 · 17/07/2022 01:17

At the moment I have £129 per week after I pay the weekly bills of childcare, some household bills, petrol and groceries. That will be reducing shortly, but I still have to take savings, annual expenses (insurance and rates) and monthly expenses (gym and my phone) out of it.

Twillow · 17/07/2022 01:35

Once again I've got £50 in the bank until payday in a week's time. I am running out of ideas to trim the budget. I am lucky in that I am mortgage free, but any surprise bills or maintenance have to come out of savings (which again I appreciate I am lucky to have, although I built that up through my own hard work and economising). I am constantly thinking about money and it's getting me down.

BarbaraofSeville · 17/07/2022 04:03

I don't understand the point of threads like this.

Everyone is at different life stages and defines 'disposable income' in different ways.

Even two people with the same income and circumstances in terms of age, where they are with housing, family etc could say they have a different disposable income because one person has included every possible eventuality in their budget as an expense and saves towards it so they say they have little or no disposable income because it is all accounted for.

While the other doesn't think beyond regular bills and the things that they have to buy each month like food and fuel and they could say they have a couple of thousand in disposable income.

Even you OP have posted a range of figures that make you look either on dire straits or quite comfortable.

Moonchair1 · 17/07/2022 06:58

Zero.. live week to week

AperolWhore · 17/07/2022 07:14

After all bills, savings and groceries we have around 1k left. We could save more but life’s for enjoying and also I’ve made a start on my Christmas shopping and will aim to have this completed by September.

RuthW · 17/07/2022 07:16

about £150

Gh12345 · 17/07/2022 07:26

£200. We have two kids in childcare right now which is our biggest outgoing so we are counting the days till 30 free hours

FrownedUpon · 17/07/2022 10:08

2k, a lot of which I save or overpay mortgage

SuperlativeOxymoron · 17/07/2022 10:10

£97 and change. That's mine and dh wages combined.

Idroppedthescrewinthetuna · 17/07/2022 10:14

It was £300. I just got a pay rise with a nett difference of £100 per month. So technically I should have £400. This month I spent £100 on DP bday so I was expecting £300. I have £30! Cost of living has eaten my rise and then some!

NoSquirrels · 17/07/2022 10:26

Even two people with the same income and circumstances in terms of age, where they are with housing, family etc could say they have a different disposable income because one person has included every possible eventuality in their budget as an expense and saves towards it so they say they have little or no disposable income because it is all accounted for.

I agree with this. I’m never sure what peoples ‘disposable income’ means. Often people then go on to say that it varies because ‘there’s always something that comes up’ - but most of these ‘somethings’ are predictable or foreseeable. After all, you know your fridge or dishwasher will pack up one day, and the approximate cost when it does, you just don’t know when. Or that your annual insurance needs paying, or the kids need new school shoes, or whatever. So your ‘disposable’ income is less than you think.

User8394721 · 17/07/2022 10:27

Isn't what OP is talking about called discretionary income

127LMS · 17/07/2022 16:30

At the moment £400 per month for two, plus a toddler 😬. Last year was a different story and we we managed to overpay the morgage by £20,000 . Im looking forward to getting back to work.

BoJoGoGo · 17/07/2022 20:55

£3500, for my DH and I. We have no mortgage and low fuel bills but high food bills. We are family of two retired early/mid 50’s and two adult DC who each have about £1300 to £1700 each disposable income.

Royt453 · 17/07/2022 20:59

We have about £1500 left I think. Although that's definitely getting less each month as prices go up.

dudsville · 17/07/2022 21:04

I don't have disposable income. I set aside an allowance, the rest goes into savings.

AskforJanice · 17/07/2022 21:11

Around £800-£1000 after all bills/food/petrol etc but before savings for Xmas/birthdays and holidays. That’s for me and 2x DC.

That figure is rapidly decreasing though due to the petrol/energy/food price increases…

shiningstar2 · 17/07/2022 21:11

Approx £500 a month but that is forboth of us. 'Disposable income'. But w he en we start disposing of it, doesn't go far.😁