How much money do you live off of per month? Family of 4

[yousaidityourself]

After all house bills and personal bills/subscriptions, how much do you live off of per month as a family of 4 (2 adults, 2 young children)

About 5k. We are renovating though so always spending on house stuff.

Do you mean disposable income after all bills paid?

@TomatoSandwichesyes :)

Our base income is 7480, but we usually take in an extra 4-500 with overtime.

we save at least 2.5k per month and “live”off the rest so 4980 but that’s with all extras like eating out and personal spends etc.

After all scheduled bills we have £1200. Food shopping is at least £150 a week (we have two teenage boys who eat a lot and one DSs GF eats with us a few nights a week). So that leaves £600 for petrol, DS2s dinner money for school and any other ad hoc things that need paying for. I can generally put around £100 into savings provided we haven't had any random things such as birthdays, Christmas. mot, vet bills etc.

Oh if I you mean disposable then all absolutely necessary bills including food and fuel etc come to 3575 so we have 3905 “leftover”

Depending on the month, 4 or 5 weeks pay we have between 1200-1600 left over, that includes savings and food shops, everything.

This is actually quite hard to answer as we run a tight budget so everything is allocated (bills, food, fuel, school fees, appointments, savings, even our lunch budgets for the month).
We both have £400 ‘fun money’ each month which more than covers any socialising we do and the odd clothing purchase.

Same as above poster. Approx 4-500 fin money each after all bills, food, fuel, savings etc

Net income £5700
Bills and DDs £1700
’Food’ (including cleaning, laundry, alcohol, coffee pods etc etc) £1500
Leaves £2500: savings for Christmas, birthdays, miscellaneous, eating out, clothes, trips etc etc

We net £8200, about £4000 on bills/regular outgoings etc (lots of luxury items in that like cleaner, hobbies, kids’ pocket money etc, it’s not the bare necessities). About £600 on food. So about £3500 leftover for short and long term savings (short term includes things like holiday funds, activities for days out etc, I save all our money and spend out of pots if that makes sense).

Yes exactly that, in terms of what is “left over”
not assigned to anything, probably only about £100 from £8200, but that’s because I have a saving pot for everything from Christmas to days out. Even takeaways and Starbucks visits have a designated pot 😂

This sort of question comes up frequently, but never yields more than a list of random numbers between nothing/less than nothing and thousands a month because people have different definitions of 'all house bills and personal bills/subscriptions' and manage their money in different ways.

Eg - groceries - this could be fairly basic, with lunches, eating out, alcohol and treats from the supermarket counted separately, or it could cost far more, but include lots of non essentials.

Likewise some people count things like savings, gym membership, DC activities and clubs, Christmas, holidays, grooming etc etc as essential house bills, while others see them as 'extra treats if we can afford them'.

We bring home around 6k. Essential bills including food, commuting and nursery come to about 3.5k. So 2.5k left. I try to save at least 1k of that although there's inevitably a big car or house bill that crops up.

Our take home is around £5.4k, our actual bills are very small but we over pay the mortgage £600 save £20 each for the kids, put £150 each into our isa save £350 for big jobs and £750 for annual spends we have around £2400 left we allocate £800 for shopping £150 fuel £50 kids lunch and then usually £1000 for spending - anything left is then reallocated to one of the savings or we use it instead of taking it out of the savings e.g extra spending if we're going away for the weekend. We also save all the child benefit as dh earns between the thresholds so has to pay some back, this is our new caravan fund 😁

Dh and I have about £500 spending money each. Thats literally just to spend on whatever we like. We are lucky though that we own outright, so no mortgage or housing costs. We do have some credit card debt - we put our annual holiday on it and pay it off through the year. We save around £200 a month; probably should save more but tend to live in the moment a lot. 2 dc, one 13 and one 22 living at home.

I keep a basic Kakebo notebook for daily expenses. Car fuel/tax etc. not included. 3 adults.

€175 (used to be 150) budgeted per week supermarket shopping, €75 (100) per week total for the following 9 categories (vitamins/OTC medicines, reading material and downloads, adult DC’s pocket money, dog’s food etc, household purchases, clothes, coffee shops and lunches, bus tickets and miscellaneous). Obviously not all used every week.

That’s €1,000 per month budgeted but it varies a lot. It’s not restricted to that amount and if we need something we buy it. So far Jan and Feb have been below.

After bills have gone out we have about £1200-£1500 left to cover food, petrol, clothes, trips out etc.

what about you OP?

You only save £100, or have separate saving pot?

Save about £1800-2000 per month. This excludes holidays.

Net joint income is about 22k a month.
Mortgage and utilities are 7k.
School fees about 5k.
Save 1-2k.
Vast ongoing and future expenses on house refurbishment, so never feel well off and don’t live as if I am.

My husband and I have two young children and I am considering taking on a part time role which will leave us with around £2000 per month for the following:
Food
General house items (i.e. laundry powder, bin liners etc)
Fuel
Meals out / days out
Clothes
Misc items
Savings for holidays
We are used to having around £3500 disposable income, so this will be a big drop for us, and I’m nervous it’s not enough - however want to prioritise time with the kids!
Would love to hear your thoughts…

Hahaha. Well now I feel poor! If we include food I probably have about £50-£100 spare each month. If we don’t then I have £600 ish. I don’t buy any clothes new except underwear, I’ve counted local farm/soft play in my bills but I spend £20 a month on that and go most weeks. It’s absolutely do able on £2k!!

time with your kids is valuable yes but so if your old age. Will you still pay into your pension at the same rate? Are you joint owner if the house? Married so financially he can’t fuck you over? What example do you want to set your kids? Women sacrifice and stay home but men don’t have to?

personally if financially I was secure and my partner wasn’t gonna step back from all housework because I’m home more then I would choose the thing I enjoy most. I love my kids but I’ve had times being home with them full time was too much I needed to work for my sanity. I’ve also had jobs I dislike and full time with the kids would have been an upgrade.

lol..looks like you're you trying to start another thread.