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    • jadesarah1
    • By jadesarah1 11th Feb 15, 1:13 PM
    • 59Posts
    • 24Thanks
    How much do you earn and able to save a month?
    • #1
    • 11th Feb 15, 1:13 PM
    How much do you earn and able to save a month? 11th Feb 15 at 1:13 PM
    Just Intrested in how much everyone is able to save a month after rent, bills etc. I'm currently able to save £400 a month after rent, bills and food. Some months it can be a struggle with unexpected bills. I earn about £1400 a month.
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    • fiberay
    • By fiberay 27th Oct 16, 5:49 PM
    • 12 Posts
    • 17 Thanks
    I earn between £1100 and £1350 a month depending if I get overtime offered. I'm living with my family and I can save around £250 per month.
    • Bertrum
    • By Bertrum 28th Oct 16, 10:07 AM
    • 36 Posts
    • 42 Thanks
    We are saving hard for a house, so we live fairly frugally.

    We rent a house at the moment for £895 a month.

    Joint numbers

    Income £4600

    Rent all bills, food and entertainment £1600
    Fuel £300
    Other Phones/car tax/insurance £90
    Personal spending £610 (we realistically don't spend this much)

    Saving each month £2000

    We are very lucky!! Although I had some debt which is now all gone, so this is the first month we have achieved the above.
    • lisa110rry
    • By lisa110rry 28th Oct 16, 10:42 AM
    • 1,741 Posts
    • 3,037 Thanks
    Not really prepared to divulge my income, but I have done an SOA and it tells me I can save £1500 per month. However, we do not have a mortgage, having lived in our home 30 years, so we have many "treats" and I tend to save more one month and less the next. All being saved for a blow-out 40th wedding anniversary trip next year and my pension.
    “And all shall be well. And all shall be well. And all manner of things shall be exceeding well.”
    ― Julian of Norwich
    In other words, Don't Panic!
    • me1234
    • By me1234 4th Nov 16, 3:49 PM
    • 26 Posts
    • 17 Thanks
    Joint income of £61,000
    Overpay on mortgage - £900
    Saving - £1000
    • By 6th Nov 16, 2:40 PM
    • 45 Posts
    • 70 Thanks
    I take home about £1050 each month including my wage and a little bit of working tax credit. I should be able to save around £300 a month, sometimes a bit more sometimes less. I live in a house share so rent and all household bills are only £360.
    My income will go up slightly around April time as well as the cost of a few things going down so should be able to put away £400.
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