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@.

    • nasim19
    • By nasim19 13th Sep 17, 12:53 AM
    • 3Posts
    • 0Thanks
    I'm earning £1300 a month, will I survive on my own.
    • #1
    • 13th Sep 17, 12:53 AM
    I'm earning £1300 a month, will I survive on my own. 13th Sep 17 at 12:53 AM
    Hello everyone

    I know it may sound silly but I really need some advise:
    I have decided that I finally want to move out. I earn £1300 minimum every month my biggest expense is my car £300 a month for loan and insurance.

    I have worked out after my rent n car expenses i will be left with £400 for everything else.
    Is that enough?

Page 2
    • cjdavies
    • By cjdavies 13th Sep 17, 1:16 PM
    • 3,169 Posts
    • 3,377 Thanks
    You say £400 after rent and car expenses.

    Does this mean out of the £400 you are paying council tax, utilities, internet, food, petrol, any mobile phone bill, contents insurance?

    I'd say it's not enough at all...
    Originally posted by marliepanda
    I have about the same and this is after all bills, but mortgage is very cheap compared to rent.
    • mark5
    • By mark5 13th Sep 17, 1:38 PM
    • 1,203 Posts
    • 818 Thanks
    As others have said, it depends on your lifestyle, I spend a fraction of what my wife spends yet earn more.
    I don't know enough about your situation but I think the car finance will be the squeeze, without that 300, the 1300 should be enough for a single person to live on.
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

162Posts Today

1,300Users online

Martin's Twitter