Feeling the squeeeeeeeeze

PeppaCoinPeppaCoin Forumite
141 Posts
Sixth Anniversary 100 Posts Name Dropper I've been Money Tipped!
Hi everyone  :)

For various reasons my purse strings are being squeezed yet again! I wondered if anyone would please have a glance over my set bills each month and see if there was anywhere glaringly obvious where I could cut my spending. The reason I ask is because until recently I thought it was normal to spend £35/month on mobile phone bills etc, until my brother showed me how to cancel my contract and switch to plusnet's cheapest option and it serves me fine. I am wondering if there is anything else that is a really obvious place to cut costs that has just passed me by. Obviously there is food, childcare etc on top, but there are my basic bills/direct debits each month.

I am a single parent household, 2 children.

Car insurance - £20.95
DVLA - £14
Council Tax - £108
Mortgage - £471.48
Energy - £65
Mobile - £9.64
Water - £19
Home Insurance - £6.95
Life Assurance - £12.48
TV Licence - £13.37
Broadband - £18.99

Thanks in advance



  • caelercaeler Forumite
    2.6K Posts
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    Sorry I don't think so!  Whist your energy looks good you could have a quick look at MSE energy club just to check you are on the very best deal?  TV licence seems a little high, maybe check that out too?  
    Mortgage started on 17 December 2012 at £169,000 with a 25 year term finishing in 2037
    Mortgage Repaid on 20 April 2021
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  • KaronherKaronher Forumite
    887 Posts
    Part of the Furniture 500 Posts
    They all look normal. If you need to make savings it could be in areas such as groceries, clothing etc.
    Aiming to make £7,500 online in 2022
  • vixx_123vixx_123 Forumite
    76 Posts
    10 Posts First Anniversary Name Dropper
    Presuming you receive the council tax single person 25% reduction?
  • NeverendingDMPNeverendingDMP Forumite
    1.2K Posts
    Fifth Anniversary 1,000 Posts Name Dropper
    You can ask for council tax to be spread over 12 months not 10. Same overall cost but slightly easier on the budget.
    Joint debts 35,213 - Jan 2018, Debts -just my name now are 8542 -Feb 23Mortgage Jan 2018 was 77224, 72267 remaining
  • RobM99RobM99 Forumite
    2.2K Posts
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    As said, bills look reasonable.    Spending cuts need to be made in non-essentials. Leisure (sadly) is an easy one. My home-made spreadsheet on which I tracked my spending, showed £25+ a week on coffee and a sausage roll (or similar) each time I went into town (daily!).  Clothes - no point, can't go anywhere at the moment. Take-aways?  Vices ("fags'n'booze!) cost a lot.

    Now a gainfully employed bassist.
  • TheAbleTheAble Forumite
    1.4K Posts
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    caeler said:
    TV licence seems a little high, maybe check that out too?  
    You could switch to a black and white set to save a few quid...  ;)
    Sealed pot challenge 074
  • enthusiasticsaverenthusiasticsaver Forumite, Ambassador
    13.9K Posts
    Ninth Anniversary 10,000 Posts Name Dropper I've been Money Tipped!
    The bills do not look too bad.  Your car insurance would be cheaper if you paid annually but obviously that means saving up to pay it upfront.  The TV licence fee is correct if you pay monthly.  If you do not watch live tv you could get rid of that and just watch netflix as that is just £5.99 a month. 
    I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing [email protected] All views are my own and not the official line of MoneySavingExpert.
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  • zippygeorgeandbenzippygeorgeandben Forumite
    1.3K Posts
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    When people normally post an SOA, it is the food bill which is always the one to cut (most times) so perhaps you could save money here an there.
    Savings as of January 2023Savings account 1 - £16754.26(20204.94)Current account - £3752.98(4616.85)Total - £20507.24(24821.79)Plus £1335.55 (£65 per month between CS/BS) £965 CS/BS/JS HTB £6860.09
  • thriftychickthriftychick Forumite
    200 Posts
    Part of the Furniture 100 Posts Debt-free and Proud!
    Just from your direct debit amounts, you seem to be savvy and on the ball with moneysaving.  Can we help with the 'various reasons' you're feeling the squeeze?
    Just when I'm about to make ends meet, somebody moves the ends.:cool:
  • pollyanna24pollyanna24 Forumite
    4.4K Posts
    Part of the Furniture 1,000 Posts Name Dropper
    What's the monthly charge of £14 to the DVLA?
    Pink Sproglettes born 2008 and 2010
    Mortgages (End 2017) - £180,235.03
    (End 2021) - £131,215.25 DID IT!!!
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