Can I afford to live comfortably

puddy

250 bills??

ours are

150 ctax
30 elec
20 gas
40 phone and broadband (bt rip off, tied in)
11 tv licence
250 food/pet care
70 credit card (to pay off extravagance of shed, soil, roof rack, cycle rack)
560 mortgage
28 water rates (not metred, no option of another service)
30 for 2 mobiles

Jowo_2

Download the budget planner on the tools section of this website to work out your full expenses.

poppysarah

over 30 years?
Long time that - is the mortgage for a lot?

neverdespairgirl

Is your GF living with you, or will she be?

PasturesNew

puddy wrote: »

250 bills??

ours are

150 ctax
30 elec
20 gas
40 phone and broadband (bt rip off, tied in)
11 tv licence
250 food/pet care
70 credit card (to pay off extravagance of shed, soil, roof rack, cycle rack)
560 mortgage
28 water rates (not metred, no option of another service)
30 for 2 mobiles

Food/pet care aren't bills. They are food and pet care ... which are choices
Credit card isn't a bill, it's a choice.
Mobiles aren't a bill, they're a choice.

When I say "bills" I mean the basic overhead bills of having a property sitting available.

So: council tax, gas, water, electricity, TV license, basic broadband, phone line.

For me, they'd roughly be: £75, £0, £15, £40, £12, £18, £15 = £175, which is why I said £250.

Food and buying stuff is on top of bills... that's life, not bills.

puddy

no, i know credit card and mobiles arent necessities, food and pet care (i mean cat, dog food and litter) are bills to me, or at least necessary outgoings.

i would assume from the op that they're looking at a 2 bed place at least so i think heating and water might be more, also depends on the services in the area and the choice there is (or isnt)

jockosjungle

Sounds affordable, but we don't know the full circumstances. Sounds a fairly expensive house to be honest, if you need a house that expensive then you need it, you'd obviously be better off with lower mortgage payments.

Food, pets and buying stuff I included in my costings. Not including such stuff is asking for trouble, yes I could afford a bigger mortgage if I ate out of rubbish bins, let my budgies go free (they'd be picked off by a cat or hawk soon) and never buy a new pair of shoes.

You should realistically include what you spend, yes you can make sacrifices by not going to the pub, etc. But you need to ask yourself if not being able to eat is worth a more expensive house than you can realistically afford

R

Brallaqueen

It should be possible, you earn loadsa money!:D