100% mortgage?

leunger · 26 July 2013 at 9:41AM

get yourself a joint account and have that for all your household bills including food budget. The budget of £300-£350 a month for two people are not too much as it's your choice to get the good quality food and etc but why that cost not share between the two of you?

MY MONTHLY MONEY ON AVERAGE - 1170
SO 1170 - 822 = 348

MY BOYFS MONTHLY MONEY ON AVERAGE - 913
SO 913 - 596 = 317
...

So when i pay between - 300 and 350 for food per month - i am literally left with nothing at all.

if that is share between you both, then that will just mean £150-£175 each per month and therefore you will have around £150 left each to save or do whatever each of you want with it.

based on what you said and your will to save for deposit, that mean at least other £50 to save (give yourself £100 for whatever you fancy..... or save some more from that if you want)

by the sound of it, you have the will to save but so far you are not trying too hard to reduce your budget for saving.

BranstonPickle92 · 26 July 2013 at 10:07AM

goldmask wrote: »

or better to save the money for you so you can not touch it.

I would do this in a heartbeat. no problem.

The only issue is that we wont save that much as we will need internet and a phone line separate - i have already reasearched this idea - ill have another go though now i have come accross this website

Thanks for that suggestion though. :T

BranstonPickle92 · 26 July 2013 at 10:14AM

leunger wrote: »

get yourself a joint account and have that for all your household bills including food budget.

if that is share between you both, then that will just mean £150-£175 each per month and therefore you will have around £150 left each to save or do whatever each of you want with it.

JOint aco!!!! - already have this in place - i have a sole and joint account with one bank - all sole payment go out of my sole account and all joint payments go into the joint account as i get my pay so they are already earmarked and i know what i have left

I know this - and as i have said, my boyfriend is the one not helping me to save - i didnt realise hom much he had left after our bills untill yesterday so i have told him he needs to commit more to saving if he wants to buy a house - and told him he HAS to start paying for food as i have been carrying this burden myself for over a year!!!

And to whoever said (sorry cant remember) to work on my career - i am doing this - i am working very hard - there are no opportunities where i am at the moment and will need to wait for january for my bonus and pay rise - but i am working towards it very hard and when there are opportunities i am very confident i will get them.
Its just a slow moving pace at the moment.

My boyfriend is stuck in a cead end job at the moment - i am trying to get him out of it as i think it demotivates him - hopefully he wioll be getting a new one soooon

BranstonPickle92 · 26 July 2013 at 11:10AM

BranstonPickle92 wrote: »

JOint aco!!!! - already have this in place - i have a sole and joint account with one bank - all sole payment go out of my sole account and all joint payments go into the joint account as i get my pay so they are already earmarked and i know what i have left

I FORGOT to say - i also have a sole account and savings account with another bank - the sole account is were i put in my own spending money - knowing what i have - and i never stray from that at all but its so little as im buying ALL the food - i do save at the beginning of the month - but like i said - i end up getting it back out to get food.

leunger · 26 July 2013 at 1:06PM

good that you have all the accounts setup and just lack of support from your BF (as you already said that yourself anyway).

by the way, i don't think you are being reckless at all. I actually just want to see if there is something that you and your BF might have missed which will help you guys saving for the house as my wife and I were in the similar situation few years ago (im 29 and she is 26 now)

you have highlighted the area which will and could be improve your current situation. your BF support (e.g. share the food bills) and FOOD.

by the sound of it, you have set yourself a budget for everything (which is the right thing to do) else but food, as you said that you end up dipping into the saving to pay or food and etc.

set yourself a budget for food and stick with it would help. quite difficult in the first couple of month but you will get used to it. i know cos i been there and love my food.

johannalf88 · 26 July 2013 at 1:20PM

It sounds like ur bf is not as enthused as you about buying a place. If it was just him would he still be wanting to save for a deposit, or is he giving in to make you happy, and is happy where he is? If he was wanting it as much surely he would be more pro-active?

If he doesn't want it as much I am not sure what to suggest- nagging would just make him resentful surely?

My husband an I are saving for a deposit, but we are equally enthused about the house. We don't mind sacrificing night out and have decided on cheaper holidays (as we did not want to give those up). You need to get to a stage where you both want to make certain sacrifices to succeed in your goal.

BranstonPickle92 · 26 July 2013 at 4:14PM

johannalf88 wrote: »

or is he giving in to make you happy, and is happy where he is? If he was wanting it as much surely he would be more pro-active?

If he doesn't want it as much I am not sure what to suggest- nagging would just make him resentful surely?

He does want to buy somewhere, we discussed this before we started renting and really wanted to buy a house, but as we both needed to leave where we were asap, we decided renting would be ok for now, when i mentioned it to him the other month he was really up for it and i think he genuainly wants to get it as hes 25 now and only left home a year ago..

Im not gunna nag him about saving, but even if we werent saving, i spend all my money buying food for us, only for him to use all his on god knows what - so THAT i WILL be nagging about, which i think is fair enough lol.

johnnyrubin · 27 July 2013 at 6:37PM

Damn, it sounds like you've got a tough slog. It can be hard to change the attidude and behaviour of a 25 year old. I had a real good go at that in my 20's with the girl who bore me my child, and every step forward was marred by a handful of steps back. be careful, girl!