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could you live on £350 per month?

if we buy our first house, after bills, food, fuel etc we will have £350 per month for 2 adults, only for 5 months as a big loan £400 is finishing.

could you do it??
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Comments

  • stokegal
    stokegal Posts: 946 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    I have £150 left at the end of month and I manage to survive. Me and my OH don't have the greatest of fun at the moment but we know that it isn't going to last forever and you just have to think that every month you are one step closer to being debt free :D
  • Personally i would find it tight but its doable! We are quite lucky and will have about 1k after everything is paid possibly more but i know we are quite fortunate really. If you loan is finishing at least you know its only short term
  • thanks for your help, i know it will be tight but its only for 5 months so we can always not live there til xmas and just pay the mortgage x
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    £350 is nearly £100 a week pocket money. Unless you binge drink I dont see a problem?
  • thanks for your help, i know it will be tight but its only for 5 months so we can always not live there til xmas and just pay the mortgage x

    Why would you not want to live there till Xmas - where would you live in the meantime
  • LilMissEmmylou
    LilMissEmmylou Posts: 1,721 Forumite
    £350 is nearly £100 a week pocket money. Unless you binge drink I dont see a problem?
    lol i was wondering what the heck they did to not think that was enough too! :rotfl:
  • Why would you not want to live there till Xmas - where would you live in the meantime


    we still live with our parents so not a problem x
  • shelly
    shelly Posts: 6,394 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    lol i was wondering what the heck they did to not think that was enough too! :rotfl:


    That makes 3 of us then :D
    :heart2: Love isn't finding someone you can live with. It's finding someone you can't live without :heart2:
  • Meatballs
    Meatballs Posts: 587 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Student on full loan and grant gets £500 a month. Take out rent and students are living on £250 a month (or less) and find themselves down the pub a lot ;)

    P.S. There is a Budgeting forum.
  • Limana68
    Limana68 Posts: 486 Forumite
    I wish I had £350 after all the bills etc were paid!!!
    Lucky you!!!!

    Enjoy!!! :rotfl:
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