Meet the Other Phone. Only the apps you allow.

Meet the Other Phone.
Only the apps you allow.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Too much?

29 replies

kermitloving · 28/06/2023 08:35

Does this sound about right? So as a family we have a joint income of £2,800 after tax

Rent 1000
Bills 600 (we have sky, high council tax and other energy etc as well as 2 phone contracts)

Save around 400

Rest is disposable

Would u class this average, poor or too much

OP posts:
kermitloving · 28/06/2023 18:05

@Back21970 2 adults and 2 kids one kid is at primary one is in nursery

OP posts:
Augend23 · 28/06/2023 18:09

The take home from a minimum wage job (£10.42) for 37.5 hrs a week would be £1,400 a month ish.

So it's good you're managing, but I think it would be either about average or a bit under average.

TeenLifeMum · 28/06/2023 18:27

Sounds like you are good at budgeting. We used to live on that but now dc are all teens and eat more etc they seem to cost more.

Hitchens · 01/07/2023 11:55

kermitloving · 28/06/2023 09:02

@Sheldoncoopersspot if u have nothing constructive to say then pls say nothing

It it kind of constructive though. How much other people earn and spend has no impact on what you earn and spend does it?

If you are comfortable with your situation and income and the lifestyle you are able to have from it then great. Sounds like you must budget pretty well if you are also savings 400 a month as well.

If you aren't happy in your situation then you either need to find a way to increase your income or reduce your expenses or both.

New posts on this thread. Refresh page