Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • DCFC79
    • By DCFC79 6th Jul 17, 12:55 PM
    • 29,533Posts
    • 18,664Thanks
    DCFC79
    Budgeting for single person
    • #1
    • 6th Jul 17, 12:55 PM
    Budgeting for single person 6th Jul 17 at 12:55 PM
    At some point this year I shall hopefully be a home owner, what is slightly worrying me are the household bills or more specifically grocery shopping. How much should I allow for it per month ?

    Thanks in advance
    Je Suis Charlie
Page 1
    • PasturesNew
    • By PasturesNew 6th Jul 17, 12:58 PM
    • 59,181 Posts
    • 345,489 Thanks
    PasturesNew
    • #2
    • 6th Jul 17, 12:58 PM
    • #2
    • 6th Jul 17, 12:58 PM
    It depends how much money you start with to be honest!

    Start with a £100 .... and work your way down to about £60 over time. At first you'll be buying food without thinking about the cost - then you'll realise you're wasting too much and wish to cut back.

    For all other household basic utility type bills, put down £100 and keep an eye on it to see how it goes.

    Then don't forget "maintenance" type stuff. Stuff that breaks and needs repairing/replacing .... put £50-100/month aside for that too. Just this week I've needed a random £400 to fix a fence that was OK this time last year.... you never know when something will break, stop working, block, fall apart etc.

    If you earn £2k/month, all the above is easy; if you earn £1200/month it'll be tough.
    • DCFC79
    • By DCFC79 6th Jul 17, 1:04 PM
    • 29,533 Posts
    • 18,664 Thanks
    DCFC79
    • #3
    • 6th Jul 17, 1:04 PM
    • #3
    • 6th Jul 17, 1:04 PM
    It depends how much money you start with to be honest!

    Start with a £100 .... and work your way down to about £60 over time. At first you'll be buying food without thinking about the cost - then you'll realise you're wasting too much and wish to cut back.

    For all other household basic utility type bills, put down £100 and keep an eye on it to see how it goes.

    Then don't forget "maintenance" type stuff. Stuff that breaks and needs repairing/replacing .... put £50-100/month aside for that too. Just this week I've needed a random £400 to fix a fence that was OK this time last year.... you never know when something will break, stop working, block, fall apart etc.

    If you earn £2k/month, all the above is easy; if you earn £1200/month it'll be tough.
    Originally posted by PasturesNew

    I earn £980 a month after tax, I believe I'm pretty savvy regarding buying whats cheapest. The amount I mentioned was second cheapest so will end up tweaking it and will most likely use Aldi for the bulk of the shopping.
    Je Suis Charlie
    • getmore4less
    • By getmore4less 6th Jul 17, 2:42 PM
    • 29,138 Posts
    • 17,424 Thanks
    getmore4less
    • #4
    • 6th Jul 17, 2:42 PM
    • #4
    • 6th Jul 17, 2:42 PM
    I earn £980 a month after tax, I believe I'm pretty savvy regarding buying whats cheapest. The amount I mentioned was second cheapest so will end up tweaking it and will most likely use Aldi for the bulk of the shopping.
    Originally posted by DCFC79

    How much will be left after mortgage payment council tax an utilities?
    • DCFC79
    • By DCFC79 6th Jul 17, 9:18 PM
    • 29,533 Posts
    • 18,664 Thanks
    DCFC79
    • #5
    • 6th Jul 17, 9:18 PM
    • #5
    • 6th Jul 17, 9:18 PM
    How much will be left after mortgage payment council tax an utilities?
    Originally posted by getmore4less

    Depends how much the property is, its all hinging on what the amount is from some inheritance but hopefully £136 then utilities on top, average gas per month is £61, electricity is £63, internet and landline is £33.49, estimated price for water is £395.

    Maybe I'm asking a bit early in the process, was just trying to get an idea.
    Je Suis Charlie
    • Duckyduck
    • By Duckyduck 6th Jul 17, 9:44 PM
    • 76 Posts
    • 76 Thanks
    Duckyduck
    • #6
    • 6th Jul 17, 9:44 PM
    • #6
    • 6th Jul 17, 9:44 PM
    The water seems very high, even if that was annual (e.g. I live alone and water works out to about £20/month). How big is the property? Those utility costs sound more like a family home than a small flat. The good news though is if you budget to afford them then actuals coming in less will get a bonus. Don't forget council tax, that's one of the biggest expenses.
    Save £12k in 2017 #10
    • jonesMUFCforever
    • By jonesMUFCforever 6th Jul 17, 10:24 PM
    • 23,827 Posts
    • 11,031 Thanks
    jonesMUFCforever
    • #7
    • 6th Jul 17, 10:24 PM
    • #7
    • 6th Jul 17, 10:24 PM
    Water - if not on a meter ask them to install one - you will have 12 months to decide to keep it or remove it.
    If the water company say they can't get them to adjust your bill as a single person - you should be able to get around half off.

    As for the food shop I think you could live fairly well for around £100 per month.
    What goes around - comes around
    give lots and you will always receive lots
    • gonebust
    • By gonebust 6th Jul 17, 11:02 PM
    • 169 Posts
    • 603 Thanks
    gonebust
    • #8
    • 6th Jul 17, 11:02 PM
    • #8
    • 6th Jul 17, 11:02 PM
    Go do a virtual food shop on my supermarket

    For the first one, do loo rools, toiletries etc

    Then do another one for a week later taking in consideration the toiletries you have left. Your average shop will be between the two
    • Neil Jones
    • By Neil Jones 7th Jul 17, 8:58 AM
    • 570 Posts
    • 300 Thanks
    Neil Jones
    • #9
    • 7th Jul 17, 8:58 AM
    • #9
    • 7th Jul 17, 8:58 AM
    Remember the first big expenses too if you haven't got them already - sofa, chairs, oven, table, fridge freezer, bed, TV - need budgeting for too, but these are one-off purchases that should last for years. Then there are smaller things like knives and forks, plates, cups, saucers etc - most of which you can get in the pound shop.

    Your big initial shop will cost too to fill up the cupboards and the fridge freezer, then after that you only have to replace what you eat. At the moment my weekly shopping can drop as low as £8 a week just to replace what I like such as bread, fruit, crisps, vegetables and fillings for sandwiches. Farmfoods is fairly cheap for frozen stuff and they do a lot of "everything in this freezer £1.95 each or 3 for £3" type deals pretty much permanently. Easy to get carried away though if you're not careful

    As stated remember the other stuff too - kitchen and loo rolls, soap, cleaning stuff etc - most of this you can buy in bulk and save that way. Lidl tend to offer various rolls of various sheets at various prices so to find the best value you often have to stand there and crunch the numbers as to what's better value
    • trailingspouse
    • By trailingspouse 7th Jul 17, 10:46 AM
    • 2,039 Posts
    • 2,821 Thanks
    trailingspouse
    Your outgoings for your supermarket shop will be quite high for the first month as you lay in stocks of things, but things will ease off after that. Keep an ongoing list in the kitchen to jot down things that are about to run out - that way you are only buying what you need. And keep a mental note of what you throw away - if you regularly throw things away because they've hit their use by date, stop buying them. And keep coming back to this site for hints and suggestions as you go along - the Old Style Moneysaving (all about thrift) board is particularly useful.

    I currently reckon to spend less than £50 per week for two adults (at Aldi) with an additional shop every 6 weeks or so at Sainsbury's for the things Aldi don't sell. And I'm not trying to save money particularly (although I do like a bargain), so I'm sure you'll be able to do better!
    • Nationwide8
    • By Nationwide8 7th Jul 17, 4:07 PM
    • 298 Posts
    • 121 Thanks
    Nationwide8
    Ball park figures as a single person.
    Weekly Groceries ( just groceries ) per month £100-£120ish,probs could spend less but for me not worth downgrading certain things.
    Everything else I buy once a month,eg toilet rolls,tissues,kitchen roll,cleaning stuff,General toiletries etc £30 -£35 although VERY often have some of that left over

    I don't have an Aldi or Lidl/Farmfoods within walking distance so that's Asda,Iceland prices ( no car and paying bus fares defeats the money saving aim )

    As the poster said above your water bill seems very high,mine £20 a month on a water meter and I'm in during the day.
    Your gas and electric seems massively high ...it's about 4 times or more what I pay.
    Telephone/internet ££ looks good.

    All that said leave yourself some leeway each month maybe at least £10-20 for unexpected small expenses.If buying a house ( opposed to a flat where you pay a maintenance charge and don't have other expenses a house can have ) you'll need more for large expenses that come up
    Last edited by Nationwide8; 07-07-2017 at 4:33 PM.
    • datlex
    • By datlex 8th Jul 17, 11:34 AM
    • 1,280 Posts
    • 1,078 Thanks
    datlex
    Depends how much the property is, its all hinging on what the amount is from some inheritance but hopefully £136 then utilities on top, average gas per month is £61, electricity is £63, internet and landline is £33.49, estimated price for water is £395.

    Maybe I'm asking a bit early in the process, was just trying to get an idea.
    Originally posted by DCFC79
    Where did you get the utility figures from? Have you asked the vendor or are you looking else where. Don't forget as a single person you get council tax discount. What type of property?
    For info my gas bill is £24 a month as is my electricity, my water is £13, I have Virgin with L Package TV for £33 a month (£33.49 for just landline and internet is expensive).
    • ambroze
    • By ambroze 9th Jul 17, 12:50 AM
    • 59 Posts
    • 15 Thanks
    ambroze
    At some point this year I shall hopefully be a home owner, what is slightly worrying me are the household bills or more specifically grocery shopping. How much should I allow for it per month ?

    Thanks in advance
    Originally posted by DCFC79
    I'm in the same boat so am also interested. Mortgage will be 100, income 1100 after tax. Good luck
    • Ballard
    • By Ballard 9th Jul 17, 7:30 AM
    • 1,530 Posts
    • 1,318 Thanks
    Ballard
    I live alone in a flat and my expenses seem to be dwarfed by yours.

    Water (meter) c£160 pa
    Gas/elec £36 per month combined
    Groceries c£30 per week (includes making sandwiches for work)
    Buildings & contents insurance £132 last year
    I got a letter from the government the other day. I opened it and read it. It said they were suckers.
    • datlex
    • By datlex 9th Jul 17, 4:24 PM
    • 1,280 Posts
    • 1,078 Thanks
    datlex
    I live alone in a flat and my expenses seem to be dwarfed by yours.

    Water (meter) c£160 pa
    Gas/elec £36 per month combined
    Groceries c£30 per week (includes making sandwiches for work)
    Buildings & contents insurance £132 last year
    Originally posted by Ballard
    no council tax?
    • Ballard
    • By Ballard 9th Jul 17, 7:00 PM
    • 1,530 Posts
    • 1,318 Thanks
    Ballard
    no council tax?
    Originally posted by datlex
    I have only included items which may be comperable. There seems very little point in bringing council tax into it as there's very little scope to barter with councils to reduce that particular bill. If you know differently I'd be interested to hear.
    I got a letter from the government the other day. I opened it and read it. It said they were suckers.
    • leespot
    • By leespot 10th Jul 17, 9:43 AM
    • 547 Posts
    • 433 Thanks
    leespot
    Depends how much the property is, its all hinging on what the amount is from some inheritance but hopefully £136 then utilities on top, average gas per month is £61, electricity is £63, internet and landline is £33.49, estimated price for water is £395.

    Maybe I'm asking a bit early in the process, was just trying to get an idea.
    Originally posted by DCFC79
    Is £136 the mortgage payment or how much you'd have left after paying your bills?
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,193Posts Today

8,369Users online

Martin's Twitter
  • Byebye! I'm about to stop work & twitter, to instead spend glorious time with Mrs & mini MSE. Wishing u a lovely summer. See u in 10 days.

  • WARNING Did you start Uni in or after 2012? The interest's rising to 6.1%; yet it doesnt work like you think. See https://t.co/IQ8f0Vyetu RT

  • RT @JanaBeee: @MartinSLewis Boris is the anomaly (coffee), the others are versions of normal (beer). Lots of same candidates = vote share d?

  • Follow Martin