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Worked out our new weekly budget

Worked out our new weekly budget
and i was just wondering if it sounds ok, will we be able to live on it

right after our bills go out, mortgage, loans, childcare fees

we will be left with £70 a week to live on.. we will have to buy food, clothes and any other emergancies that come up

do you think that this sounds very tight
there is me and my H and our little boy who is 19 months old.. i am also five months pregnant so do have another little addition coming soon to

im just worried that our live is going to be completly awful with no money
does anyone else with a family live off this kind of amount??
«1

Comments

  • after all bills have come out we have about £80 left in our joint account, but we also have our own single accounts.
    He tends to have more than me cos i'm at uni but I will often have £60 to last a month, thats the extra spends, any lunches I need to buy, any clothes I might need. there is only me and OH though.
    Why not post an SOA and we'll see if we can help out?
  • how do you write out a SOA??
  • tifnstav
    tifnstav Posts: 441 Forumite
    there is a sticky at the top of the forum for you to use as a guide.
  • Cleosmum
    Cleosmum Posts: 2,673 Forumite
    Part of the Furniture Combo Breaker
    We spend £50 pw here for food, which is for 2 adults and 3 children.
  • tifnstav wrote: »
    there is a sticky at the top of the forum for you to use as a guide.

    Here's the link:

    Click Here
    £34,547 (Dec 07); Current debt: £zilch (Debt free December 2010)
    Sealed Pot #389 (2010=£133)
  • tifnstav
    tifnstav Posts: 441 Forumite
    i could not find that link for the life of me!
  • Cleosmum wrote: »
    We spend £50 pw here for food, which is for 2 adults and 3 children.


    WOW thats brill:eek: , is that with vegetables, meat and fruit included?
    Capital one was £1000.00 now £0.00:j
    Barclaycard was £250.00 now £190. 00
    Asda credit card was £500.00 now £0.00:j
    Aim to be credit card free by December 2012... Mostly done
  • raq
    raq Posts: 1,716 Forumite
    Worked out our new weekly budget
    and i was just wondering if it sounds ok, will we be able to live on it

    right after our bills go out, mortgage, loans, childcare fees

    we will be left with £70 a week to live on.. we will have to buy food, clothes and any other emergancies that come up

    do you think that this sounds very tight
    there is me and my H and our little boy who is 19 months old.. i am also five months pregnant so do have another little addition coming soon to

    im just worried that our live is going to be completly awful with no money
    does anyone else with a family live off this kind of amount??

    Back couple of years ago we where living on £25.00 a week and had to buy food also with 2 little one's. Lots happened within the family, job ,you name it, but thankfully pulled through.
    :A Tomorrow's just another day - keep smiling
  • beanielou
    beanielou Posts: 97,086 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    On a positive note you have a credit once everything is paid.
    Look forward to your SOA.
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
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  • Cleosmum
    Cleosmum Posts: 2,673 Forumite
    Part of the Furniture Combo Breaker
    WOW thats brill:eek: , is that with vegetables, meat and fruit included?

    Yup, but not including pet food, which I buy monthly at whichever place is cheapest, some from supermarket, some from pet shops. Also, things like boxes of washing powder are bought monthly, a big box costs about a fiver. Loo rolls are bought in bulk, 16 usually last about 2.5 to 3 months. Those do come out of the weekly shop budget, rather than a seperate budget, so one week out of a month/couple of months it may be a few quid over. I find it quite easy really, as going back 18 months ago I was feeding 2 adults and 4 kids, plus numerous animals - all on £25 a week. Now thats a time I never want to go back to, would rather rip my toe nails out. We got by on value brand and reduced goods, and there was very little in the way of fresh fruit and veg ( we foraged for blackberries and found an apple tree growing locally lol), but for a couple of months things were so tight I just had no choice.
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