Disposable income

[notworkingforme]

How much disposable income do you have left every month, and what is your situation?

I mean after every single bill is paid, money budgeted for weekly shopping, and fuel. What's left and who for?

I'm at the absolute end of my rope with my job, and trying to work out how much I can afford to lose if I completely change job.

After deductions including pension contribution, I currently bring home £2000 a month. All bills, food and fuel come to £1175

It's me and one DC at home. He's 18 and about to start working, so can take over his own mobile (£35).

I'm on a five year fixed, which I guess is rather relevant now!

I would think about £1700-2000 (i have never sat down and calculated it all) but i'm not sure how that helps you? Im genuinely intetested to know what people who start these threads seek to gain from it?

It doesn't matter what others have. Only you know how much you need to live a fulfilling life. Can you manage on less than you have now?

About 3k. Household.

About £1200 but can be less if big things crop up and birthdays etc

Bring in about £4,000 - after every necessity is paid for we have about £300 left. Mortgage, childcare, and commuting are our biggest costs.

Our disposable income is £1400 after ALL bills, food and petrol!

We're a family of 3.

I aim to have about £1200 per month left after kids clubs, food, utilities, gym memberships, subscriptions etc.

That's mainly for birthdays days out etc.

Family 2 adults, 2 under 10's

Jeez I have 150 after all bills, food and fuel

Not enough at all and zero wiggle room

Depressing

Nothing. Zero. Zilch.

There used to be months I had £25 per week! Then gradually it went to £100 then £200 and now £550
That was over 10 years.
Prudent saving
Downsizing
Living within means
Becoming a Scrooge

Nice to have that fall back now.

What @loveisagirlnameddaisy said.

Totally irrelevant if other posters have £6000 'spare' a month or if a different poster has £6 spare a month.
£825 every month sounds masses of money to me after bills, but it does depend of course what you are still expecting to buy from that money.

Every single time I think the same, how can it be relevant? It's like how much does your shopping cost or particularly at the moment every other thread is how much isyour energy bill

I do wonder if posters think, oh Julie on Mumsnet only spent £140 at Tesco this week, I'd better skip a few meals

What is disposable income ?

inserts sarcasm

Just under 2k, just me and one DC.

Not sure what line of work you are in but the approach I have used in my career and to navigate my last 3 job moves without taking a pay cut :

1. Change team (same role new team/ project)
2. Move industry (public - private, finance - tech)
3. Pivot role (technical - non-technical, community - hospital)
4. Specialise (fintech in xx industry, developer in public sector, designer in automotive)
5. (Get headhunted/ recommended for 2,3 or 4)

In most cases working from 1 through to 4 is easier but you can do a combination of 2, 3 or 4 in one move but can be a little bit difficult. With any move look at what’s in demand and leverage you existing skills.

£1500 for 2 adults and 1 DC. We overpay the mortgage then split the rest for fun money.

This.

Everyone has different lifestyle expectations and definitions of 'disposable' that it's impossible to compare.

The amounts people want to spend on clothes and personal grooming, food and drink out of the house, hobbies, etc etc varies enormously and what is loads to one person is a miserable pittance to another.

Plus are you including savings for annual and irregular expenses like holidays, insurance, car repairs and replacement, home improvements, Christmas etc out of the basic bills money? That could average out at hundreds per month so a significant expense.

Just done the same sick of a 100 mile commute and no progression although always had decent salary increases. Took a cut of 10k before shit hit the fan which has meant my partner going back full time to balance the books (more so because potential for public sector cut backs next year). We are managing and putting a bit aside each month but it has meant being very careful spending and living frugally. I’ll get back to previous earnings eventually but just need to bide my time in the public sector (team are close to retirement age in a couple of years).

my advice is do a statement of affairs and see how you would manage on a lower wage. Luckily I paid off car loan and credit card which roughly worked out to 400 a month and difference in pay so didn’t effect us much in terms of our spending habits. But I would strongly advise to consider the mental impact it may have as I constantly ruminate should I have left a better paying job (with high risk of redundancy) in these current times.

My DH and I have £1000 each per month to do whatever we like with. This is after paying absolutely every bill, saving for Christmas, holidays etc etc. If we go out together we use money from our joint account if we are on our own or with our friends then we use our own money.
A lot of his goes on golf and I don’t usually spend all of mine.