how much do you save/pay off debt/live on per month

mentaljessie

Right here's mine,

Take home after tax £920
overtime varies £200-400 per month
Income from Boyfriend £200

So total income averages £1420

Mortgage £205
Water rates £27.50
T.V licence £8.51
Gas £12.00
Elec £23.00
Car Tax £10.00
Car mot and repairs £25.00
Car Ins £28.93
Leasehold charges £15.41
Petrol £40.00
Food £100.00
Mobile £30.00
House insurance £7.50
Cigarettes £75.00
Isa £100.00
Home Phone £15.00
Cat food £40.00
Xmas and Birthdays £ 50.00
Pet Ins £20.00
Holidays £90.00
Pocket money £150.00

Grand total £1072

We don't pay council tax as we are both full time student nurses, pocket money includes meals out and alcohol etc and the holidays comprise of a fortnight in Cyprus in Sept and a Ryanair weekend away somewhere in May. I don't spend a fortune on clothes i shop at Primark and any leftover at the end of the month is put into saving for my next home. I should add I'm a seconded student and so keep my original HCA wage during my training.

dooglebugg

Here's mine;

Income after tax £1040

Outgoings on a normal month:

£430 to joint account which covers my half of mortgage, council tax, bills etc
£100 to other joint account for food, pet food and any joint outings eg cinema etc
£200 on debts (3 credit cards)
£35 per month mobile phone
£30 to ISA
£30 to other savings accounts
£6 to 3 x charities
£40 petrol
£20 contact lenses

Total £891

On a normal month I'm usually left with about £100-£150 for myself but there are usually things like birthday presents or books for college etc (part time course) which come up. I rarely spend money on going out drinking or on clothes unless there are no large expenditures in that month.

becsxxx

Sorry if this is said somewere else, but I'm new here!
Can someone tell me how to calculate my debt free date??!?

Thanks so much!

JAMIEDODGER

https://www.whatsthecost.com/snowball.aspx

jesster_2

Take home income: £1350 (has already lost £70 to student loans and £70 to pension)

DEBTS:
**Mortgage + utility bills + council tax : £325 (between me and two lodgers total is £950)
**Graduate loan repayment: £155
**Personal loan repayment: £145
**0% CC repayment: £80

OUTGOINGS:
**Car Insurance: £40 (currently paying 2 lots as was on pay monthly for car which got stolen last autumn!)
**Contact lenses: £22
**BT line rental + broadband: £23
**Union membership: £18
**Gym £38
**TV Licence: £10
ALL OF THESE PAID BY DIRECT DEBIT.

ALLOWANCE FOR UNUSUAL EXPENSES: (presents, train tickets for visits, etc)
**Planned at start of month according to what's coming up: Between £25 and £100

CASH IN WALLET BUDGET:
**for all food, household shopping + fun
£100

This Cash In Wallet is a new restriction paid to myself £25 a week. Hope is it'll leave some over in account at end of month to hammer the debts...

That's the plan anyway!

Though if anyone can see anywhere to cut back, I'd be grateful!