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How would you feel about this budget vs expenses for the rest of the month?

56 replies

Budgetquery · 03/04/2025 18:18

I tend to panic about money since i separated so bear with me.
I have 816 left until next payday on the 24th
out of that I need to pay for dds birthday party. 125 for the activity and then food so I’m guessing about 150 (we’re going to make pizzas)
I have to get petrol and also food shopping each week.
there’s still Disney to pay and my broadband and phones which is 70…
so that’s 210
which leaves 606 for the food and petrol. I I have to get a birthday present for my ds’s friend too…so 15.
I don’t think there’s anything else to pay but something always crops up…
I know I’m panicking, how do I stop this!

OP posts:
Budgetquery · 03/04/2025 20:59

keswickgirl · 03/04/2025 20:48

Have you got any credit with your energy supplier? Mine tends to build up a bit and so I request a credit refund when things get a little tight. It’s a like a low-key emergency pot I forget about and remember every now and again. Worth checking! Also, Tesco clubcard points, or similar. Now’s the time to spend them if you need to!

Edited

Unfortunately not, I’m renting and the house has a pre pay meter! I hate it! 😞

OP posts:
Budgetquery · 03/04/2025 21:06

CarpetKnees · 03/04/2025 20:53

I'd feel very comfortable with that amount of money - that is a lot for 3 weeks.

But, if you are worried about funds, then perhaps spending so much on an activity for a party isn't the wisest choice?

How many people are you feeding from your weekly shop ? Is that something you could look at saving something from each week ?

ah I just can’t back out of it now…it’s her birthday and she deserves a good time, it’s all booked and arranged. Just not paid for yet. 😅 I feed myself and my dc (for 2 nights one week and 5 the next, and 3 packed lunches for school each week too).

OP posts:
HippeePrincess · 03/04/2025 21:11

Well we have less than your leftover which needs to cover food shopping for a family of 5, petrol for 2 cars til 25th, this is standard for us and I am not worried at all.

I think you could definitely cut down your food shopping for this month.

some things I have done to ease cashflow previously:

move direct debits to the last day of the month
do a current account switch for cash (repeatedly)
sold a few bits on Facebook/vinted

i did used to worry when I was first a low income single parent, by doing the above I used to have a bit of a buffer which I used as a float and discounted it in terms of available spends.

I set up a help to save and put the max per month in it split weekly so that I could use it in a pinch but actually avoided using it and it made me quite a bit of money in addition to a lump sum at the end of the 4 years.

CarpetKnees · 03/04/2025 21:58

I wasn't meaning you should cancel now, I was just thinking it is a lot to spend, when you are worried about money.

I certainly think you could cut down your weekly shop.

Budgetquery · 03/04/2025 22:21

I’ll look into cutting down the food shopping. Thank you.

OP posts:
Pearlyb · 04/04/2025 00:28

I'd recommend proper budgeting and setting money into pots (using Monzo or any other bank that offers this). If you budget properly, there shouldn't be things "cropping up".

In addition to paying your regular bills like water, rent/mortgage, gas and electric etc, set up separate pots for things like -

  • Haircuts
  • Annual subscriptions (Disney +, Amazon)
  • Annual car costs (MOT, general running costa like a set of new tyres and service)
  • Presents
  • Household costs (like buying new cups to replace broken ones, new pillows, etc)
  • Clothes
  • Health costs (etc meds, glasses if you use)
  • Christmas
  • Emergency fund (phone or oven or washing machine breaks)
  • Costs to do with school
  • etc etc

Put in all categories you can think of, and estimate how much you spend on these annually. Then divide the amount by 12 and start setting money aside. Then you should be well prepared for those unexpected (but yet entirely expected!) costs that crop up.

Good luck x

caringcarer · 04/04/2025 01:06

Budgetquery · 03/04/2025 18:25

Yes I do have savings but I REALLY REALLY do not want to dip into them for this. I would panic so much more if I did that. I’d feel like I’ve failed. 😞
yes we are making them ourselves, I need to find bases and I need to find gluten bases too for one of them. I’m hoping to stretch to ice cream. Thank you

Just knock up the pizza dough it's far cheaper than buying a pizza base and far nicer too.

readytotumble · 04/04/2025 01:51

Try getting off the pre-pay meter for your gas & electricity as it’ll be costing you more per unit. If you have a smart meter it should be a case of changing the tariff, not the meter itself. I assume even if you’re renting that the energy contract is in your name anyway and not the landlord’s? When I moved to my current home the previous owners were on a pre-pay meter, as it happened with the same energy supplier as me, but it was easily sorted to pay as you go. I opted to pay for what I actually use each month rather than the same amount averaged out over the year because they do take more than they need - when I moved house I had built up nearly £1000 in credit and yet they were actually wanting to increase my monthly DD payment. So that’s when I said I wanted to pay for what I was actually using each month and consequently I didn’t pay anything for ages while they worked off the credit.

And I get why you’re stressing about money, sounds like you have enough for day to day but you’re right, unexpected things do crop up, I have been there myself for several years post divorce. I have only very recently realised I can relax a bit, having built up a decent buffer over several years by only spending on essentials, and never borrowing into next month (I use a credit card but always clear the balance every month). It’s little things that add up - making your own pizza dough is a great example, take a homemade latte to work in a flask instead of paying £3-4 it’ll cost you about 25p, make sandwiches with nice sliced bread instead of rolls, buy supermarket own brands, and things like loo roll, tea bags, detergent, toiletries etc in the biggest size, but check the cost by weight / volume to get the best deal. While it might cost more today than the smaller packs it’s cheaper in the long run - you may already do some or all of these, but you can see what I mean, there’s small savings to be had everywhere. If you can’t afford to buy bigger sizes of products in the shorter term, start with one or two items and gradually build it up so you’re eventually only buying bigger - use your freezer, and meal plan to avoid as much food waste as possible. For activities, depending on how old the kids are, do free stuff like the park, an art gallery, a picnic instead of a cafe, offer to walk a neighbour’s dog, create your own town trail/quiz/treasure hunt for the kids now the weather’s getting better. Try to plan car journeys to keep your mileage down, can you incorporate several errands into one journey, try to use facilities where the parking is free? The old saying about looking after the pennies and the pounds look after themselves is so true. Avoid buying anything on credit, even if it’s interest free, if you can (because the cost of that ‘free’ interest is just hidden the cost of the goods, and it increases your monthly commitments going forward). If you can afford to, pay for things like car insurance and home insurance in a lump sum up front for the year as that’ll also save you a bit.

You don’t mention having any debt, so I think you’ve got this tbh. Use separate accounts as others have suggested to build up an emergency fund pot, one for your known monthly expenses and another for ‘fun’ - cinema, bowling, ice creams, other treats etc that’s an amount you know you can afford after saving for emergencies. Then try to relax a bit. You might find it helpful to look up Dave Ramsey on FB, lots of good advice, you don’t have to follow it all, but it makes sense. Good luck.

Bjorkdidit · 04/04/2025 03:31

^I don’t think there’s anything else to pay but something always crops up…
I know I’m panicking, how do I stop this^

Will it help if you look again at budgeting, review all your expenses (Disney broadband and phones for £70 sounds expensive unless you have multiple teens so many phones, each contract should be under £10 pm) and remember that a lot of things that crop up aren't 'unexpected' so need to be included in your budget - eg Christmas, birthdays, insurance, days out in the school holidays, school uniforms and shoes, insurance, the odd broken appliance etc etc.

So you need to save for these things and you haven't failed if you use the money you have saved to pay for them Smile

You can do separate pots, or you can have a smaller number of savings accounts and just mentally account for the expenses it's for so you know when it's OK to allow yourself to use the money guilt free without panicking.

Moneysaving Expert has a good guide to all this:

https://www.moneysavingexpert.com/banking/budget-planning/

Budgetquery · 04/04/2025 06:46

@Bjorkdidit I live rurally so I don’t have tons of options with broadband and yeah that includes 2 mobiles. Mine and my dd’s. It includes the tv package also. It was literally the cheapest package I could get with the best service.

@readytotumble i cannot come off the prepayment meter. It has to stay, it’s all some under the landlords name and I just top up. It works out at 100-120 per month.
I do try to be as savvy as I can with food
shopping but I try to be as healthy as I can. I don’t eat white bread, we’re not a big “sandwich” family. So I buy brown bread loaves for me and part baked rolls for my dc for school lunches. And yes I buy supermarket brands where possible, I freeze a lot of my meat to keep it longer in case it doesn’t get used. I buy a lot of fresh fruit and veg though. Tea in work is free…thank god 🤣 because I drink a lot of it. I’ve also taken to charging my phone and watch and AirPods in work so as to save my own electricity.

I wish I could shut off my internal panicked voice, maybe in time it will calm down 😞

OP posts:
SallyWD · 04/04/2025 07:27

I'm surprised people are suggesting you dip into your savings. I think it's perfectly possible to survive on that for a few weeks.

Jellycatspyjamas · 04/04/2025 07:57

When I first separated from my ex I remember money being all consuming. It’s hard to be the one person responsible for making enough and spending it wisely but you’ll get used to it. Lots of good advice on the thread that I won’t repeat, just to say the money thing is part of adjusting to life as a single parent. You sound like you’re in an ok place though, it’ll take a while before you truly know you’re going ok.

Budgetquery · 04/04/2025 08:09

@Jellycatspyjamas thank you so much, I think that’s it isn’t it. The just getting used to it and having trust that you can manage it yourself and be in a good place.

OP posts:
Budgetquery · 04/04/2025 08:10

SallyWD · 04/04/2025 07:27

I'm surprised people are suggesting you dip into your savings. I think it's perfectly possible to survive on that for a few weeks.

@SallyWD heres hoping! I’ll keep you all posted 😅

OP posts:
Sofiewoo · 04/04/2025 08:12

Budgetquery · 03/04/2025 20:08

I usually spend about 70 a week on food, sometimes a bit more

So what are you panicking about? You’ve 3 weeks of food and petrol, if you usually spend £70 a week and you have £600 I really don’t understand your post?

Sofiewoo · 04/04/2025 08:13

SallyWD · 04/04/2025 07:27

I'm surprised people are suggesting you dip into your savings. I think it's perfectly possible to survive on that for a few weeks.

And to work extra to earn more money!
Can you spend more than £600 on food and petrol for 3 weeks, of course. But you can spend a lot less with a little effort.

fruitj · 04/04/2025 08:21

Pearlyb · 04/04/2025 00:28

I'd recommend proper budgeting and setting money into pots (using Monzo or any other bank that offers this). If you budget properly, there shouldn't be things "cropping up".

In addition to paying your regular bills like water, rent/mortgage, gas and electric etc, set up separate pots for things like -

  • Haircuts
  • Annual subscriptions (Disney +, Amazon)
  • Annual car costs (MOT, general running costa like a set of new tyres and service)
  • Presents
  • Household costs (like buying new cups to replace broken ones, new pillows, etc)
  • Clothes
  • Health costs (etc meds, glasses if you use)
  • Christmas
  • Emergency fund (phone or oven or washing machine breaks)
  • Costs to do with school
  • etc etc

Put in all categories you can think of, and estimate how much you spend on these annually. Then divide the amount by 12 and start setting money aside. Then you should be well prepared for those unexpected (but yet entirely expected!) costs that crop up.

Good luck x

Edited

Absolutely do this. It has revolutionised my life.

I use Monzo, it has categories so I can easily see what I'm spending where. And then I have set up pots, on the 1st of each month all my bills go out via DD and I have set Monzo up to pay a certain amount into each pot (groceries, kids expenses, personal care, cleaners, transport etc etc - yours may vary). Then during the month, if I spend £100 on a grocery shop I take the money for it out of the pot.
Monzo also lets you set a spending target and will tell you how much you can spend each day to stay within it.

I now feel much more on top of things, I've also set up a regular saver account in Monzo for Christmas and put money away monthly for it. The idea is that you spread the cost of everything so that every month is the same and you never have a sudden big bill. Oh and I have another regular saver in Monzo where I put money each month and then use it for things like car insurance, house insurance - things that are cheaper to pay in one go, but I'd rather spread the cost - i deliberately put in more each month than I need and then any unexpected bills can come out of there e.g. If I need a plumber out or something.

Inspirationfailure · 04/04/2025 08:22

Just write it all out for yourself, everything you need to spend between now and then. Then you will see how much is left.
so £125 party -left 485
£25 pizzas - 460
£15 present - 445
disney, broadband etc 70 - left 375
weekly shop 1 (Fri 4) 70 - left 305
Weekly shop 2 (Fri 11) 70 - left 235
Weekly shop 3 (Fri 18) 70 - left 165
by following Friday 25, you will have been paid
From remaining 165 you need to pay:
petrol ??
anything else??

so, depending on how much petrol you need, I would say it’s doable but I would consider cancelling Disney, reducing your food shop budget and getting a cheaper birthday present (in the supermarket while doing weekly shop, so no parking to pay?). That will free up a bit more money for treats in the Easter holidays.

Budgetquery · 04/04/2025 08:24

Sofiewoo · 04/04/2025 08:13

And to work extra to earn more money!
Can you spend more than £600 on food and petrol for 3 weeks, of course. But you can spend a lot less with a little effort.

I work 39 hours a week as it is, I can do some over time but it’s not always necessary so it can’t be justified. Even if I did extra this week I wouldn’t see that until mays pay I think.

OP posts:
Sofiewoo · 04/04/2025 08:25

Inspirationfailure · 04/04/2025 08:22

Just write it all out for yourself, everything you need to spend between now and then. Then you will see how much is left.
so £125 party -left 485
£25 pizzas - 460
£15 present - 445
disney, broadband etc 70 - left 375
weekly shop 1 (Fri 4) 70 - left 305
Weekly shop 2 (Fri 11) 70 - left 235
Weekly shop 3 (Fri 18) 70 - left 165
by following Friday 25, you will have been paid
From remaining 165 you need to pay:
petrol ??
anything else??

so, depending on how much petrol you need, I would say it’s doable but I would consider cancelling Disney, reducing your food shop budget and getting a cheaper birthday present (in the supermarket while doing weekly shop, so no parking to pay?). That will free up a bit more money for treats in the Easter holidays.

Most of those things aren’t coming out of the £600, it’s only food for the 3 weeks and petrol.

Sofiewoo · 04/04/2025 08:26

Budgetquery · 04/04/2025 08:24

I work 39 hours a week as it is, I can do some over time but it’s not always necessary so it can’t be justified. Even if I did extra this week I wouldn’t see that until mays pay I think.

I’m not telling you to work more, I’m agreeing with a poster that that type of advice are ridiculous.
You don’t need to do overtime, £600 is more than enough for food to cover 3 weeks and petrol.

soupyspoon · 04/04/2025 08:27

You cant just cancel things you're signed up to, I dont know why people breezily suggest these things. Usualy things like that are on a contract that you're tied into and it costs money to leave.

OP Might be able to, but she also might not.

Same with the prepayment meter, lots of rental properties have these and the tenant hasnt got a choice.

Budgetquery · 04/04/2025 08:27

Inspirationfailure · 04/04/2025 08:22

Just write it all out for yourself, everything you need to spend between now and then. Then you will see how much is left.
so £125 party -left 485
£25 pizzas - 460
£15 present - 445
disney, broadband etc 70 - left 375
weekly shop 1 (Fri 4) 70 - left 305
Weekly shop 2 (Fri 11) 70 - left 235
Weekly shop 3 (Fri 18) 70 - left 165
by following Friday 25, you will have been paid
From remaining 165 you need to pay:
petrol ??
anything else??

so, depending on how much petrol you need, I would say it’s doable but I would consider cancelling Disney, reducing your food shop budget and getting a cheaper birthday present (in the supermarket while doing weekly shop, so no parking to pay?). That will free up a bit more money for treats in the Easter holidays.

This looks great thank you. Yes in terms of the birthday present I have planned on buying it in the supermarket along with my weekly shop. But it’s a 10-year-old birthday so I can’t really feel like I can fob them off with something too cheap. 😅 but I’ll take a look there might be a good deal there.

I’m actually off for a couple of days over Easter I just realise that so I want to do something with the kids. It looks like it’ll have to something free and not too far away to save on petrol. I can work from home a few days too to stay on petrol costs that way. Thank you.

OP posts:
Daisydiary · 04/04/2025 08:29

That seems more than enough to me. I’ve got about £500 with all bills paid and that will do food etc. Try Iceland for pizza, they often do Goodfella’s at 10 for £10.

Budgetquery · 04/04/2025 08:37

So it’s 606 after the party costs
lets say 600
-15 for the pressie =585
-70 x 3 for shopping (210) = 375
it’s the fuel I need to get a better handle on I think…but maybe 40 per week? So 120
so that’s 255 left for the “things that crop up” and they will crop up 🤣

OP posts: