After your bills, mortgage and essentials (ie food, petrol) have been paid, how much do you have left over each month?

[ilikeyoursleeves]

I'm just curious as I am trying to see if I will be able to get by on about £0 leftover once we remortgage- eeeeek.

A few thousand but we have no kids and are advanced in our careers.

OP do you have to remortgage, that is how we got ourselves in a mess. It just seems a risky thing to do if it leaves you with nothing at the end. Are you risking missing a payment?

If we are talking purely money to fritter away on stuff that we don't need, going out etc then at the moment about £200. We are going to cut back in all areas though in the New Year, some things we pay at the mo will fall away (old debts nearly paid off) in the next few months, and from June I will be earning nearly double what I do now. The intention is to start putting £1K per month into savings for a mortgage deposit - we hope to be able to get an 85% mortgage in 2011.

That is what we are saving for Georgimama.

We sold eventually after running two houses for a year which left us with no savings. We had to remortgage about a year before putting the house on the market. We sold paid of debts and were left with not much. We alo moved from the north to the south so the money we had would not put a deposit down on house.

Good luck saving for the homes. I was lucky, dh had a house when I met him. He bought it in the days when houses were £35k. I had a backpack, a tent and some travelling debts. We'd have been stuffed without that little house of his.

I'm in a pickle how to pay for gymnastics for dd. £75 per term, but I just spent that on her shoes. Arse. Bind her feet?

We have a few thousand left too but it seems to get spent somehow. We save some and make extra mortgage payments on our rental house. To be honest I don't really know where it goes!

I would not be able to sleep if I knew we had £0 at the end of the month.

We don't have anything that isn't allocated, iyswim. We've got a very comprehensive 18 month cashflow forecast and we plan to do the most we can with what will come in. That includes a 'general' amount allocated weekly, but there is nothing with no purpose at all attached to it, iyswim.

God, i know it happens, but its sooo hard to get my head round people having thousands left per month

We are running at minus £400 ish every month at the moment; loan we took out on the mortgage has nearly all gone after 4 months, was supposed to last a year till I get back to work

I don't have a new car though, although I could do with one!