How much do you live on per month?

Lucy1010

OK I seriously don't know how some of you get by on so little...

I have spent my set budget for the week already and it is DEPRESSING

I salute all of you who have families to feed and still manage to smile

FATBALLZ

We spend about £300 a month on food as a famiy of 3 and then I keep about £200 as spending money for myself, although I don't usually spend it all so sometimes save what is left over (typically about £50). I'm not financially squeezed in the sense that I can't spend more than this but I try not to waste money.

Lucy1010

FATBALLZ wrote: »

We spend about £300 a month on food as a famiy of 3 and then I keep about £200 as spending money for myself, although I don't usually spend it all so sometimes save what is left over (typically about £50). I'm not financially squeezed in the sense that I can't spend more than this but I try not to waste money.

Hi FB, so you mean you have £500 to spend of which £300 goes on groceries and £200 to yourself right?

FATBALLZ

Lucy1010 wrote: »

Hi FB, so you mean you have £500 to spend of which £300 goes on groceries and £200 to yourself right?

That's what I budget for yeah, £300 a month for groceries - usually a monthly Tesco shop at about £200 and £100 for bread, milk, salad things that need buying more often.

Then I also budget £200 for myself as spending money -me and my partner pool our wages and split whatever is left after bills in half. So that's money just for things I want to do (or my half of joint things like meals out), my partner allocates her own spending money out of her half of the money. Anything else left over gets saved.

Lucy1010

FATBALLZ wrote: »

That's what I budget for yeah, £300 a month for groceries - usually a monthly Tesco shop at about £200 and £100 for bread, milk, salad things that need buying more often.

Then I also budget £200 for myself as spending money -me and my partner pool our wages and split whatever is left after bills in half. So that's money just for things I want to do (or my half of joint things like meals out), my partner allocates her own spending money out of her half of the money. Anything else left over gets saved.

Excellent, sounds good to me. You are not struggling yet you are not going over the top. Like it

I cant wait to have my money to myself! 10 months... and then I shall be freed from the CC prison

ms_london

adiwood wrote: »

I agree.

I am 27, I have a nice flat and a nice car and soon to have a brand new bicycle and have a decent DSLR (camera) all from a reasonably low wage while I see people on the same wage who rent a room and spend their money on drinking or stuff that is wasteful.

I understand that my mortgage could go up and want to be in a place where I am able to get a fixed rate if needed (current LTV is 93%) so it is important to live cheap this year to pay that.

My vegetables come from one of three places - reduced at Tesco, the local produce market (which is cheap!) and people at work who have grown to much.

If you shop carefully it is amazing how much food you can get cheaply.

You should be proud of yourself! I am only just starting to save for a deposit on my own place because I got into a lot of debt when I was younger, but I have also had two amazing years travelling. You can't have everything though and need to decide what is important to you at the end of the day. xx

teameffort

My and my OH are saving like mad for a house deposit so after we put our wages into savings and paid all of the bills we spend about £20 a wk each on groceries and then have approx £10 a wk each on our selves.

At the moment if we want to spend more than this on say a day out we will sell something first.

We are challenging each other to save more each month, it's become really fun addictive to see those pennies piling up.:T

Thanks for posting a really interesting thread!

debrag

I have no bills and have around £200 a month after everything has gone out. Thats on a 4 week pay.

ms_london

ani_26 wrote: »

Thanks Lucy1010 xx

There are times in our lives, when all anyone really wants, is a simple hug, even if its only virtual x

Here is another one on its way to you xx

ms_london

I have really enjoyed reading this thread and also feel saddened by some of the posts. xx