What are your average monthly outgoings?? Mine first....

CKhalvashi

innovate wrote: »

Hey CKhalvashi, why don't you take a deep breath and re-post your monthly outgoings when you have got the real numbers? Hope it will be of benefit to yourself to know what goes out of your bank account for basic living expenses ;-) .

I know it's often difficult to stay on top of your finances when you have a busy job - -- but there's [almost] nothing more important than being in control of your finances.

That may be a better idea!

I'm in my home country at the moment (on holiday), whilse dealing with significant family problems, trying to keep myself busy.

It doesn't bode well.

CK

Moomum

Mortgsge £2,300
Council tax £256
Electric £100
Gas £100
Water £56
Phone and broadband £46
Sky £80
School fees £1100
House ins £35
Mobiles £60
Petrol £175
Food shopping £500 ish

This is for 2 adults and 2 children

innovate

Moomum wrote: »

Mortgsge £2,300
Council tax £256
Electric £100
Gas £100
Water £56
Phone and broadband £46
Sky £80
School fees £1100

I make that £3,938 (barring a malfunction of my calculator

Never mind your spend on Sky (do you do anything apart from watching Sky?) , why do you spend £100 Gas + £100 Electric? £200 on gas and electric sounds way too much

Moomum

innovate wrote: »

I make that £4,808 per month and assume you have no issues paying your obligations each month

Sky is OH's thing, we have two HD boxes with full packages, he loves his movies and sports and that's how he relaxes. We have a Victorian detatched 5 bed so takes a lot of heating hence the large gas bill, lots of gadgets and house is home automated hence large electricity bill. We also have cc debt from renovating house and we get by monthly but not saving much at moment.

bossymoo

My largest outgoing by far is nursery fees.

Nursery £800
Council tax £99 over 10mths
Gas / Lekky £85 but I get a months refund every November for loyalty
Water £24
Tv/ phone/ broadband £45
Tv licence £12
Mobile £30
Diesel £80
Union £6

Can't think what else. I do pay £10 a month into my friends "girls weekend" pot, lol. We are going to a spa tomorrow...

Insurances I pay annually, but I do have things like critical illness and private medical cover for me and the kids directly out of my salary.

Me and two toddlers in a 4bed house. They are in nursery 3 days and my eldest gets funding for 5 sessions a week, term time. It's annualised and discounted off my bill but still leaves it £800pcm.

jennifernil

5 bed detatched in Glasgow, 2 adults, no mortgage, retired and happily SKI-ing!

Phones/broadband........................£30
Gas and elec.................................£110
CT inc water.................................£256
Food etc.........................................£300
Petrol.............................................£80
Regular savings..............................£400
Gift Aid ..........................................£45

Plus we set aside for annual bills the equivalent of....


TV licence.....................................£12
Home ins.......................................£37.50
House repairs and replacements.....£60
Car tax, ins, servicing etc................£150
Clothes, hobbies, entertainment.......£110
Dentist and optician..........................£30
Gifts..................................................£30
Gift Aid..............................................£10
Holidays.............................................£500
Caravan..............................................£70

Anything left over we add to savings, give to the kids, or treat ourselves.......depends how we feel!

quintwins

family of 5, 2 adults 3 kids under 6
rent £150 (living with family)
elec-£55
food-£200
oil-£45
desil-£130 (slightly less in summer as no school runs)
phone/internet £45
total=£625

No tv licence as we we are staying with family they have one.
No council tax (it's called rates here) as family pays it and would have to pay it anyway so were happy for us not to contribute
No water rates over here
No tax/mot as our car isn't ours we just get use of it.

We're saving to buy a plot and build our own house hence the really low outgoings and staying with family.

cashbag

Just me, large 3 bed semi
(monthly outgoings, based on annual/quarterly bills)
no mortgage or rent
Council tax £85
Building/contents Ins £14
Electricity £20
Gas £30
Water (metered) £14
TV Licence £12
Phone/broadband £33
PAYG mobile (£10 top up every 6 months) <£2
Road Tax/Car Ins £39
Petrol £65

TOTAL £314

Beetlemama

Two adults, one child, two labradors in an old and cold 3 bed Victorian semi.

Mortgage...................200.00
Council Tax............... 100.00-10 months
Water........................45.00
Gas/Electricity...........144.00 (thanks Uswitch, this was £290 with British Gas!)
Virgin media...............55.00
TV licence................. 12.00
Mobiles......................13.00 & 26.00 & 29.00 ouch.
House Insurance........ 46.00
Life Insurance............. 10.00
The girls pet insurance..25.00

There's more, it comes to about £750 a month, that's how much I transfer to our billing account on pay day, all the DD's get paid from that account, it works for us because we can move it and forget it - don't have to worry that we're spending someone elses money. No one touches the billing account until after the 6th - then anything left in there we reclaim.

We have a home insurance thingy package where they look after the boiler, drains, electrics, plumbing etc that's about £30 I think, but once upon a time, our boiler broke and we didn't have hot water for almost two years, just couldn't afford to get it fixed, it happened the year we had a baby and we had to boil kettles to wash, bath, everything. We promised ourselves we'd never be in that position again.

My travel/our food come out of the wftc every week .

Rosemary7391

One student renting a room up north.. there are 3 of us in the house, but I've just put my share of the bills down, per month or equivalent.

Rent: £216
Gas/Electric: £40 (Was on a prepay meter, expecting this to go down now we've moved!)
Water: £7
Mobile: £32.50
Broadband: £7
Food: £80
Contents insurance: £5
Musical instrument insurance: £4

Total: £384.50

Whatever is left goes on train fares to visit friends, and buying sheet music/cooking stuff it adds up to a surprising amount! I have to save towards instrument service costs and moving costs each year as well, so probably more like £500/month, maybe £550. Good thing I have work this summer!