How much do you live on per month?

Gettingtherequickly

Been reading all of this and think it is fab. Just goes to show what everyone's perceptions are and how they can be subtly adjusted favourably.

I'm lucky as I became debt free in Dec, but I am still wary of my spending as I want to change my car later in the year. However, I did get a bit of a shock last night when I got home to a letter from my landlord, increasing the rent However, as it has not been increased for 6 years and is dirt cheap for what I have, I am not in a position to complain!

Lucy1010

Gettingtherequickly wrote: »

I did get a bit of a shock last night when I got home to a letter from my landlord, increasing the rent However, as it has not been increased for 6 years and is dirt cheap for what I have, I am not in a position to complain!

Think of it like having a mortgage and the bank sending you a letter to let you know interest rates have gone up... I dread those letters! How much was the increase?

Gettingtherequickly

Lucy1010 wrote: »

Think of it like having a mortgage and the bank sending you a letter to let you know interest rates have gone up... I dread those letters! How much was the increase?

£75, 12.5%, but as I will have a really nice 3 bed flat for £675, and the average for a carpy 2 bed is about £850, still on a winner.

Lucy1010

Gettingtherequickly wrote: »

£75, 12.5%, but as I will have a really nice 3 bed flat for £675, and the average for a carpy 2 bed is about £850, still on a winner.

That's cheap compared to my area, renting is pretty expensive these days so you're on a good deal

snookey

I was just thinking back to when I purchased my home fifteen years ago. I was twenty six with a baby and my now partner[ god I feel old]. We bought our home for forty thousend but got two thousend cashback so in effect thirty eight. Its now worth hundred and sixty thousend and we would not be able to afford to buy it if starting out now.
My home is our childrens inhertiance unless we decide to spend it on wild spending sprees, lol.

Gettingtherequickly

Lucy1010 wrote: »

That's cheap compared to my area, renting is pretty expensive these days so you're on a good deal

Oh, under no illusions about that! BTW, congrats on the sig change, you are well on your way to being debt free:j

Gettingtherequickly

snookey wrote: »

.
My home is our childrens inhertiance unless we decide to spend it on wild spending sprees, lol.

Lol, my mum has land as well as property and was worried about how to split evenly. Then there was an announcement that there is going to be a bypass built and one of the potential routes is straight through most of our land, resulting in compulsory acquisition. Uproar from the farmers and mum goes "that would be wonderful, much easier to deal with money!"

Souk08

Lol, I keep teasing my parents about my inheritance, saying that it will be the only way I can get on the property ladder! In reality I dont expect anything but a lump sum WOULD be the only way I could get a deposit together AND rent on my own AND have a great social life. For me personally, I'm not prepared to live with folk or sacrifice fun at this time in my life to own a house, but each to their own!

Lucy1010

There is no way on earth I could afford a deposit on a house now.... I was lucky, I got on the ladder 10 years ago, it was so simple and easy to get a mortgage back then. I only needed £2000 as a deposit.

My first house cost £50,000 and I sold it for £120,000 within 3 years of buying it. Without a hefty deposit on the new place, I wouldn't be living in it now.

awaytogoyet

Lucy1010 wrote: »

:rotfl: Sorry I am rubbish, unless your name sounds girly I just assume you're a man!

April is looking horrific budget wise... 3 birthdays and Mothers day... Now will it be any cheaper to buy flowers on Fri rather than the weekend? I don't want to be cheap though, I love my Mum to bits.

What will you do?

Sadly I have lost my Mum now - but what I used to do was this:-
Find a cheap (often at a Boot Sale) terracotta or basket-style flower/plant bowl & paint it lots of lovely colours (using & mixing left-over paints, or buying tester pots). Line it, then plant it with Summer Flowering bulbs & Spring flowering plants. I would then add co-ordinating ribbon, plus often find a small Teddy & attach him, adorned with Ribbon also. This meant I could buy the plants & bulbs a couple of weeks before the actual day & just pay normal price for them. It made a nice pressie, IMO - she always seemed to love it anyway.
I really do think it is the thought that counts.
HTH & good luck.