Monthly outgoings?

wolvotim

y3andy wrote: »

not that I want to call you all "troughers" but £325 for food for 2 adults or £150 for 1 person for the month.:eek: . Jesus. Where do you shop?

There are 2 adults in my home and we spend around £130 quid a month. Go the local Morrisons and get the buy1get1 free deals.

we spend 260 a month on food thats for 2 adults and a 6 year old child

Mr_Matey

Also based on 2 adults.

Food: 310
Public Transport: 129
Car: 50 or so on petrol.
Rent / Council Tax : 1455
Utilities: 90
Holidays & Entertainment: 560

The rest goes into savings.

Plan is to save whilst enjoying life and seeing Europe, and buy a place after the crash with 50-75% deposit. Most likely in Sydney.

[Deleted User]

The following percentages are worked out against my net wage.

1. Debt repayment is 25%
2. My rent is inclusive of all household bills and is 23%
3. Savings are 18% (Once I've saved enough I'll use this to pay off my debt, hopefully in the next 6 months. Savings will then be 41% <- house deposit)
4. Food is 10.5%
5. Petrol is 9.9%
6. Going out is 6.6%
7. Other bills e.g. mobile phone, car tax etc. are 3.3% (I pay off car and contents insurance yearly)

To put this into context I'm renting with 3 other 20 somethings.

My pension is on a salary sacrifice scheme and the 5% of my gross wage I put in is then matched by my empoyer.

Cleaver

y3andy wrote: »

not that I want to call you all "troughers" but £325 for food for 2 adults or £150 for 1 person for the month.:eek: . Jesus. Where do you shop?

Depends on your food priorities. If you're a bit of a foody, like buying local produce, are quite picky about the companies that make / supply your food and their ethics and methods then £5 per day, per person for breakfast, lunch and dinner really isn't a lot of money.

thriftybabe

We have no mortgage/rent but still pay approx £1033 a month for family of 4

Council tax: 250
Gas/Elec/Telephone: 210
Food: 400
Insurances: 85
Gym 50
Other: 38

MrDT

January was a lean as hell month:

£310 - flat (rent, bills, tv tax, concil tax)
£90 - shopping (food and cleaning stuff)
£50 - other spends (pub, takeaway, etc)

This isn't representative of an average month (though the flat costs are pretty steady, lower in the summer tbh due to lower/no heating costs). I don't need to buy new clothes or toiletries etc after Christmas. Luckily no birthdays etc in January, so no need to buy gifts. No holiday in January, so no big expense there. Finally, I've barely been out to the pub as the lads are all battening down the hatches - can't complain, I'm happy to live like a hermit for a short while if it means my house deposit grows by a grand a month

I put money aside each month for holidays etc, my "all in" budget for the year is around 9k - I expect my average monthly spend to be around £750 over the course of the year factoring in all luxuries and gifts, etc.

Phirefly

y3andy wrote: »

not that I want to call you all "troughers" but £325 for food for 2 adults or £150 for 1 person for the month.:eek: . Jesus. Where do you shop?

There are 2 adults in my home and we spend around £130 quid a month. Go the local Morrisons and get the buy1get1 free deals.

Thats the £325 I spent. Mr P spent about £100 on food that month too. We're not 'troughers' but we are foodies (for want of a better term) Mr P is an excellent chef and cooking with fresh, quality ingredients is one of our (few) luxuries. We do a couple of £120 big-shops at Tesco a month and the rest is spent at the local fishmongers/grocers/farm shop.

I don't buy expensive food for expensive foods' sake, I make sure everything is excellent value. And we're the first to raid the whoops aisle. But there'd have to be a serious financial meltdown here on Tha Wharf before we start buying value eggs and plastic cheese.

Edit* Mr P does have a cookie habit that we're trying to control... the severity of it only really came to light recently but we're taking steps to recovery

mark55man

Dooooooooooooooonut wrote: »

It all goes on my coke and hookers habit.

And the rest you waste - right

For me quite a busy month cars, birthdays and repairs, so missed budget, but end of loan will be a blessing

Food (2+4+2(cats)) - £800
Petrol - £250
Mortgage - £1539 :eek:
loan & credit - £800 (next month 300 as car loan paid off :T :T )
utilities - £500 (TV / Sky / Internet / Gas / Elec / 4 mobiles / council tax)

Holiday (deposits etc) - £250
Entertainment (eating out, books/magazines) - £200
Presents - (2 birthdays) - £300
cash - (music lessons, scouts subs x3, beers :beer:, pocket money x4 ) - £300
car insurance / house repairs - £390

Phirefly

mark88man wrote: »

Presents - (2 birthdays) - £300

:eek: Its my birthday next month - wanna come to my party?!

Max_Headroom_3

mark88man wrote: »

And the rest you waste - right

For me quite a busy month cars, birthdays and repairs, so missed budget, but end of loan will be a blessing

Food (2+4+2(cats)) - £800
Petrol - £250
Mortgage - £1539 :eek:
loan & credit - £800 (next month 300 as car loan paid off :T :T )
utilities - £500 (TV / Sky / Internet / Gas / Elec / 4 mobiles / council tax)

Holiday (deposits etc) - £250
Entertainment (eating out, books/magazines) - £200
Presents - (2 birthdays) - £300
cash - (music lessons, scouts subs x3, beers :beer:, pocket money x4 ) - £300
car insurance / house repairs - £390

Over five grand a month...!!??? Holy crap. :eek: