God it's depressing...

K9cuddles

I've just looked at "next" months budget (that's after pay day this friday) and what do I see?

Total Income 100%
Necessary Expenses 77%
Discretionary Income 23%
Investment Spending 7%
Discretionary Income less Investments 16%
Discretionary Spending 1%
Amount remaining to save or invest 2%

Do you know who much that 2% is???!!! £25.. wow wee.. a whole £25 to myself.. and those figs don't include petrol for the month!!!! :eek:

Geeze.. it's sad knowing 77% is spent even before you've touched it!!!

j-baby-scotland

Many would be happy in such a situation..... :rotfl:

Chortle_2

Total Income 100%
Necessary Expenses 77%
Discretionary Income 23%
Investment Spending 7%
Discretionary Income less Investments 16%
Discretionary Spending 1%
Amount remaining to save or invest 15%

erm, do your percentages add up?!

I make that 139% :rotfl:(clever if you can turn an income of 100% into 139% though - any tips you can give me so I can find an extra 39%?! )

EDIT - doh - it's late, just realised that some of it is the breakdown of the 'discretionary spending'! (well, it is late... )

j-baby-scotland

Why invest if u can't afford ur petrol?

Petrol presumably necessary?

moozie_2

K9cuddles wrote:

I've just looked at "next" months budget (that's after pay day this friday) and what do I see?

Total Income 100%
Necessary Expenses 77%
Discretionary Income 23%
Investment Spending 7%
Discretionary Income less Investments 16%
Discretionary Spending 1%
Amount remaining to save or invest 15%

Do you know who much that 15% is???!!! £25.. wow wee.. a whole £25 to myself.. and those figs don't include petrol for the month!!!! :eek:

Geeze.. it's sad knowing 77% is spent even before you've touched it!!!

What do these % represent? I am so confused

K9cuddles

The % do add up!!! 77 + 23 = 100

Investment spending comes from the Dis income 23-7=16
Of that 16 i spend 1 on dis spending = 15

All makes sense to me!!

J baby scotland.. £25 to invest is hardly anything to brag about when you got a car that takes £55 to fill up!!

j-baby-scotland

Ah... but are u investing ethically...?


Just jesting....

Chortle_2

edited my post to say that I'd realised that some of it was a breakdown of the discretionary spending - it just wasn't immediately clear to me that that was what you'd done iyswim. As I said... it is late

K9cuddles

moozie wrote:

What do these % represent? I am so confused

They represent how much i spend on what from my salary.. is a little confusing but help me gauage IF i'm improving month to month!!! :rolleyes:

Invest is the wrong word.. just what what on the template!!! Well I suppose IF i was i the black.. I would invest it!!!

j-baby-scotland

You're right... it's not easy... an upward struggle...

As u see, to try & do 'as should' ain't quite so diddly squat...

At least you've put the thought in! Well done u!

x

K9cuddles

j-baby-scotland wrote:

Ah... but are u investing ethically...?


Just jesting....

haha.. not yet... I've been having "bad" thoughts about raiding my terramundi though!!! :rotfl: