Your monthly spending budgets?

EssexExile

jonnygee2 wrote: »

Interesting everyone else so far has 0 budgeted for shopping. Surely you must need to budget something? Clothes only last so long! Even when I was on my tightest ever budget, I had £15 / month budgeted for this.

And nothing for entertainment? Not even the occasional round in the pub, concert, dinner out with friends etc? :eek:

I specifically labeled mine as a "Typical month" because I couldn't be bothered to work out the average month. Being an old person I rarely buy clothes as I wear what I have until they fall apart. Entertainment would work out at a pound or two a month as health problems make it difficult. Tech would probably a similar number.

I just bought a new car for £40,000 but I didn't see a space for that!

kuratowski

Another YNABer here. I'm not going to post my actual numbers but the breakdown of discretionary spending to saving is in the ratio 1:2, i.e. I am saving roughly twice as much per month as I spend (excluding bills).

I agree it's about priorities / balance. I could cut feasibly back further and thereby save more, but this ratio gives me a comfortable lifestyle, while also ensuring the mortgage is repaid and pension accrued sufficiently quickly to allow an early retirement.

LobsterMemory

Eating Out £40.00 *
Transport £55.00
Groceries £225.00
Booze £160 (some of it's used for cooking, your honour)
Entertainment £350.00 (actual spend about £200)
Shopping £150.00
Tech £20**
Saved for holidays: £150 / month

* I count Greggs sausage rolls in the Groceries budget
** only recently started budgeting properly so if the computer blows up I'll pay for a new one out of savings and then add the cost of a replacement to this budget which currently includes just a TV and a kettle(!)

Silverspeed

jonnygee2 wrote: »

Interesting everyone else so far has 0 budgeted for shopping. Surely you must need to budget something? Clothes only last so long! Even when I was on my tightest ever budget, I had £15 / month budgeted for this.

And nothing for entertainment? Not even the occasional round in the pub, concert, dinner out with friends etc? :eek:

Everybody has a different priority. But even if I don`t budget for clothes and hobbies, I actually spend money on it every year
Entertainment is equal hobby in my case because I do a lot of outdoor exercises and mostly my "beer" money is going to my sport hobby.

A few days ago I read about budgeting and the cost of living etc.
I found interesting numbers on websites. Certainly, the costs depend on where you live.
For example, food expenses are between £200 and £300 per month. I can`t remember where, but I saw somewhere only £80 per month. I can`t imagine myself who spend under £200 and still eating healthy plus not starving. Anyway, that was my "shock" reaction like yours for zero entertainment.

Forgot the budget part.
Eating Out about £20.00
Transport £10-15 ( I cycle to work and back + everywhere but I realized I still have maintained cost)
Groceries £250.00
Hobby £50.00
Phone and haircut £25
+ rent.
Rest of the money goes to unexpected costs + pay off my student loan + savings.

Mnd

We spend about £40 a week on food and eat heathily. I grow a lot of veg and MrsD is vegetarian