Adulthood bills

PasturesNew

Don't forget:
- haircuts to be smart for work
- clothes to be smart for work
- Xmas presents for family
- birthday presents/cards for family/friends that you can't avoid.

Also:
- dental care/dentists
- Doctor prescriptions

And:
- things bought for the house because you need them or they'll make your life easier, so everything from a cushion cover to a new tea strainer

If you own, then also:
- buildings insurance
- gas boiler cover

dmg24

sebdevine123 wrote: »

I dont understand how tht works, becuase right now i earn about what, just under 1000 a month, and iv worked out i can have a flat, (including all bills council tax utilitie ect) Groceries, savings, even a mobile and braodband, freeveiw tv, bus pass, leisure money, plus with my girl working aswell, thats even more savings and grocerie money and other luxeries, so i dont see how you dont have any leuisure money or hoidays or socialising on 20k per year, when ill be doing that on about 10 k per year

Maybe you are just better at managing your money?

When I earned £11,000 I was able to do all of the above (except the car, by choice, I had nice holidays instead).

sebdevine123

Rent plus council tax and utilities and even some contents insurance will be about 550 a month, then groceries about 100 a month, bus pass 40, mobile 10, internet 20, (including line rental) Im even still paying a personal loan of 111 a month, so working full time it works out, my girl will pay for half the rent so yes that does help, but a guy tht i work with lives on his own with those sort of bills on you avergae full time job, 10k per year sort of thing, and he still has enough

angelfreak

I manage all the things mentioned in the first post quite easily on approx 20k. I've been short of money in the past but that was more when I was earning 14k or thereabouts. However I dont have any kids - I can imagine they are where the money really goes!

sebdevine123

Yeh a car for me now is a no no, but i can live with buses, I just think if you can have what i have on 10 k per year, i dont see how you cant on 20k per year, of course money is tight on thee budgets, but you still have your basic life and entertainment and a nice holiday once in a while, so i can only assume if someone earns 20k per year, that they can do that and then some. but hey im not here to argue or anything, thanks for the advise

sebdevine123

Haha yeh kids will cost alot, but im sure with a partner in your life who earns money to its all possible, there are alot of costs in living life, but my original question was just to know what bills to look out for, the fixed monthly ones, i understand that the are other costs to, but Mot or tv lisence and stuff arent every month

Thats why the savings are there for those times, so angel freak you manage all i mentioned on 20k per year? pretty good, nice to hear:)

PasturesNew

sebdevine123 wrote: »

bus pass 40

Ah, not having a car makes a huge difference. I've never lived in a city, so always needed a car to get to places, including work. Most jobs always seem to be 20 miles away in the middle of nowhere.

A car chews up money just sitting there. Tax/insurance can be £40/month, then there's MoT, repairs (tyres/exhausts, bulbs), then it needs servicing (even if it's only once every 3 years like mine is done). Then with depreciation/cost to buy, it can be another £1000/year (£80/month) to be set aside to replace the one you've got when it dies.

sebdevine123

And yes you have all your seasonal expenses and well being, hair cuts and stuff, house appliances, but again they dont have to be paid for every month, and whats a hair cut lol, 10 pounds a month? easily taken out of savings or leisure money

PasturesNew

The thing is, if you're living with somebody then the cost per person for bills nearly halves, the rent is half, you've got built-in entertainment/social life/company. Even holidays often cost no more for two people to be there as one.

For a couple, with one earning £20k and the other one working too, you'd be quite loaded, to be honest.

sebdevine123

PasturesNew wrote: »

Ah, not having a car makes a huge difference. I've never lived in a city, so always needed a car to get to places, including work. Most jobs always seem to be 20 miles away in the middle of nowhere.

A car chews up money just sitting there. Tax/insurance can be £40/month, then there's MoT, repairs (tyres/exhausts, bulbs), then it needs servicing (even if it's only once every 3 years like mine is done). Then with depreciation/cost to buy, it can be another £1000/year (£80/month) to be set aside to replace the one you've got when it dies.

Yes i can understand that, i wouldnt be able to manage a car lol then id really have no money, sorry, but im sure on 20 k a year a car is possible to have