Moving out of Parents House

LittleMissAspie

You'll need £80 for food. Bills included means utilities and phone/internet, but you might still need to pay for council tax and phone calls.

I pay £317 for rent, when you add council tax, utilities, phone, food, cat etc on to that it comes to £500 a month for all household bills (my half of them). I then have £600 left for savings and spending. I don't have any commuting costs though.

mlz1413

Out of the £300pm how much is pension and phone? The savings bit may need putting on hold if you really want to move out - but as stated before 1000 in and 500 out means you do have enough to rent and pay the bills.

I'd try a house share first, give yourself 6 months and see how much you do spend on rent, food, phone and car expenses. If in 6 months time you have budgeted well then look at what you can realistically afford and go and view some flats in that price range.

Do an honest breakdown of your expenses and see where you spend money, if socialising is a big expense then you could look to getting some bar work - its a good way of getting to hear music and have a chat without spending and actually earning.

hellokitty08

I earn £1060 a month, and I pay £425 rent on my own one bed flat, £77 a month in council tax and typically £120 a month on other bills, (put £40 side for gas and electric, the same for water and £11 something for TV license, some money on contents insurance, £15 for internet)

This in theory leave me with £438, however usually spend £150 on paying off debts, about £100 on food and then have about £100-£200 for the unexpected that arrises every month. New work clothes, going out, petrol, etc.

You should be able to live more then happily in shared accomodation for that sort of money, in fact you will probably find that your earnings are vast compaird to the other people that you live with. If you want to / need to move out, go for it, it might be a shock to start with not having as much disposable income, but you will adjust.

PasturesNew

If you do decide to live alone, consider a studio flat. They're smaller so cheaper, cheaper council tax maybe (depends on the banding) and cheaper to heat. Apart from heating, bills on a studio are about the same because you're still using the same amount of everything else irrespective of whether you're in a studio or a mansion.