We have a household income of £75k - netting £4,500 or so after taxes, pension etc (I buy extra leave too for covering more of the school hols). This is a fairly recent development for us as I was previously a SAHM and returned to work 2.5 years ago but had childcare to pay initially. Plus my husband’s income has gone up loads in the past two years.
Our mortgage costs £530 a month and our council tax is £165.
I personally do not feel comfortable stretching ourselves for an expensive mortgage so yes our home is worth a lot less than the bank would lend us. This paid off when I wasn’t working and our income was only £25-30k and we could still afford our mortgage (albeit it was tight and we were skint!).
I now try to keep my budget within the 50-30-20 framework. 50% for all needs inc food, bills and a contingency for home maintenance etc. Atm it’s more like 45% which is great.
30% on wants - some is for our own personal accounts and a bunch goes into a savings account for holidays, Christmas, stuff for the house and kids’ activities.
25% currently on savings plus paying off the last of the money I owe my mum (from having to buy a car right when I’d returned to work as ours died). Once that’s gone I’ll be wanting to boost our pensions which aren’t amazing due to previously being skint and me not working for a few years…