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  • malvena
    • #2
    • 11th Jul 07, 9:36 AM
    • #2
    • 11th Jul 07, 9:36 AM
    Thanks ceridwen.I live a little like this anyway but it's good to get some different ideas. If only the debts were gone!!!
    DFW Nerd no 546
    Official 10k New Years Resolution
    10k by 31/12/2008
    Earn 10 a day in Jan challenge: Target 310 - So far 184.98
    January Shopping Challenge : Target 50 - Spent 16.05
  • Pandora123
    • #3
    • 11th Jul 07, 12:44 PM
    • #3
    • 11th Jul 07, 12:44 PM
    There are some really useful tips there, thanks.

    Although $12,000 translates to 6,000 by current currency conversion rates, in practical terms it would be much more difficult here considering our much higher living costs vs. America.

    Eg.

    House prices in UK:
    Average Cost: 210,578 (approx. $420,000)
    Detached: 323,332
    Semi-detached: 189,617
    Terraced: 168,134
    Flat: 196,505

    House prices in US:
    Single Family Home [assume this means Detached] Median: $213,000
    Apartment Condo-Coops Median: $228,000

    In other words, our house prices are double what they are in the US, on average.

    To put it another way, a 90% repayment mortgage for a house costing the UK average (210,578), spread out over 25 years is a whopping 1,180 per month, or 14,160 per year!

    Even if you live in a less expensive part of the country and can get a property for 100,000, that's still a monthly payment of 560/month (based on putting 10% down, repayment mortgage over 25 years).

    In fact, I don't really see how it would be possible to live on 6,000 unless you either were renting, or your house was already paid for, or you had a very small mortage, or you were "pooling" your 6,000 with someone else (spouse, partner etc.) so that one of you was paying a mortgage and the other was handling other expenses.

    I'll definitely be checking out those sites, though. Keep 'em coming!

    I want to move to theory. Everything works in theory.
    • Aril
    • By Aril 11th Jul 07, 1:31 PM
    • 1,880 Posts
    • 16,730 Thanks
    Aril
    • #4
    • 11th Jul 07, 1:31 PM
    • #4
    • 11th Jul 07, 1:31 PM
    Is anyone aware of any similar UK sites [apart from this] or thrifty blogs from this side of the pond please? I always enjoy the American ones but would think that perhaps I could glean more ones I could relate to more. I've been following Lauren's 365 frugal challenge over on the DFW board with interest.
    Aril
    Aiming for a life of elegant frugality wearing a new-to-me silk shirt rather than one of hair!

    Not Buying It 2016
  • Plum Pie
    • #5
    • 11th Jul 07, 1:33 PM
    • #5
    • 11th Jul 07, 1:33 PM
    I thought the cost of living in the US vs. the UK was roughly dollars for pounds ie. $12k = 12k...?
    • freyasmum
    • By freyasmum 11th Jul 07, 1:52 PM
    • 16,678 Posts
    • 48,752 Thanks
    freyasmum
    • #6
    • 11th Jul 07, 1:52 PM
    • #6
    • 11th Jul 07, 1:52 PM
    I thought the cost of living in the US vs. the UK was roughly dollars for pounds ie. $12k = 12k...?
    Originally posted by Plum Pie
    Hiya, at the current exchange rate it is...

    12,000.00 USD

    =

    5,904.37 GBP


    So actually less than 6000, wow. My aunt used to work as a dinner lady and she had to feed herself and her son on a pitance. She probably wouldn't even earn that amount and she managed. Of course the house prices weren't as bad as they now are. It's all down to creativity with money, in my opinion.

    Lx
  • Hadley
    • #7
    • 11th Jul 07, 1:55 PM
    • #7
    • 11th Jul 07, 1:55 PM
    I lived in the USA for four years and somethings are much cheaper than over here.But other things are very expensive things like medical insurance costs a fotune.
    Food ,clothes and petrol are alot cheaper than here.Also renting is alot more coman other there.
    • glendam
    • By glendam 11th Jul 07, 1:57 PM
    • 338 Posts
    • 1,628 Thanks
    glendam
    • #8
    • 11th Jul 07, 1:57 PM
    • #8
    • 11th Jul 07, 1:57 PM
    I think plum pie meant in relative terms. So what americans get for $12.000 we get for £12.000.

    Glenda
    • freyasmum
    • By freyasmum 11th Jul 07, 2:41 PM
    • 16,678 Posts
    • 48,752 Thanks
    freyasmum
    • #9
    • 11th Jul 07, 2:41 PM
    • #9
    • 11th Jul 07, 2:41 PM
    Ahh, I see... well that makes sense

    Sorry for the mix-up

    Lx
  • ceridwen
    hi Aril

    Have googled "frugal living U.K." to see what comes up - vast majority is more US stuff and a few entries look as if they're on a totally different subject (as in "not before the 9pm watershed" !! - do I need to expand on...?)

    Did notice two possibles:

    www.frugal.org.uk

    www.4ormore.co.uk/frugal.htm

    Know there is a couple of UK enviroblogs I came across - will rack brains as to what they were - vague idea one was by elderwoman (but cant remember if shes UK or US).
    • luxor4t
    • By luxor4t 11th Jul 07, 11:41 PM
    • 10,297 Posts
    • 37,128 Thanks
    luxor4t
    I have this site bookmarked: I don't know if it has anything 'new' for a real OSer!
    www.activityvillage.co.uk/frugal_family.htm

    I have no idea why everything went green!
    • JackieO
    • By JackieO 12th Jul 07, 5:23 AM
    • 16,404 Posts
    • 140,217 Thanks
    JackieO
    When in the U.S. on holiday in April our petrol was around 1.50. per gallon and we could eat very well ,even from the supermarkets .but as the other poster says its all relative really .I think there probaly is as much poverty even in the richest country in the world as there is in most western countries .But go to the third world and there an awful lot of people exist on a dollar a day .Thats not living its just existing.
    Many pensioners live on not much more than this, and are expected to be grateful for what they get. I don't complain as I can manage fairly well on my money,but there again I have no rent to pay as I own my own home .But any major repairs have to be paid for out of what I have .I have always been fairly frugal having grown up during the 1940s and 50s when there was very little money about for anyone .It all depends on your priorities I suppose .As long as I have food on the table and a roof over my head I think I am jolly lucky compared to some poor devils in this world .We live in a very wealthy western society and yet people complain of extreme poverty if they can't have the latest gadget or luxury .My late mum brought three children up without the benfit of a washing machine , fridge/freezer, microwave or dishwasher and we all survived. I live within my means and have never luckily got into debt ,it would frighten me too much and I wouldn't be able to sleep at night if I owed someone money .I remember the days of the tally-man at the door and folk pawning their stuff just to get through the week until payday.Debt was considered quite shameful when I was little .Today folk seem to take on debts as though it was of no consequence then blame the credit card companies and the banks for lending it to them .I can see how folk can get into debt though as various things happen with illness and marriage breakdowns so I just think I was one of the lucky ones in that respect.
    Quot Libros,Quam Breve Tempus. 2018:Food Budget only( 1st Oct 30.96,15 Oct 14.28 total for month 45.24,) Total end of October since Jan 307.43
  • Lillibet
    This is interesting, in that the lack of UK sites touches on something I have been thinking about a lot lately : setting up my own frugal living type blog. I am hesitiang due to 2 things though : firstly I am not at all internet savvy & have no idea how to set up my own web page, although I belive I can set up a page through another site who will manage it for me & I just update? And secondly, my standard of frugal living is probably much higher than many peoples, I am more talking about living within our income, maxamising our income & not wasting money than actual frugal living.

    Back to the original point, even if we say 12K is the equlivant of $12K then I know I still couldn't do it, we have just spent 2 years living on a bare bones budget & the lowest I could get it down to was 19K although I was below 12k (actually below 11K) if I subtracted mortgage & council tax costs, but that would defeat the object.:rolleyes:
    Post Natal Depression is the worst part of giving birth

    In England we have Mothering Sunday & Father Christmas, Mothers day & Santa Clause are American merchandising tricks Demonstrate pride in your heirtage by getting it right please people!
  • rosieben
    ... setting up my own frugal living type blog. ...
    Originally posted by Lillibet
    I think this would be hugely popular (and you have a ready-made reader group here at MSE!!). There are so many american sites, and whilst some of them are very good, some of the information is less than helpful to uk'ers

    I think if you open a blogger acount you just choose a template and its all done for you. When you become more savvy you can customise it as you like. there are other blog sites, but not sure how beginner friendly they are. you could maybe try the techie board?
    ... don't throw the string away. You always need string!

    C.R.A.P.R.O.L.L.Z Head Sharpener
  • Ms Piggy
    No prob. I wasn't very clear!

    The minimum wage has been the same in the US for over a decade, it's just gone up by $2, perhaps this is why there are more openly frugal types in the states?
    http://news.bbc.co.uk/2/hi/business/6690253.stm
    Originally posted by Plum Pie
    Also - the welfare state is far more meager than here in the UK. Unemployment benefit for example is on available for a certain length of time etc.
    • JackieO
    • By JackieO 12th Jul 07, 6:26 PM
    • 16,404 Posts
    • 140,217 Thanks
    JackieO
    Also - the welfare state is far more meager than here in the UK. Unemployment benefit for example is on available for a certain length of time etc.
    Originally posted by Ms Piggy
    Plus of course they give food stamps instead of cash to the needy
    Quot Libros,Quam Breve Tempus. 2018:Food Budget only( 1st Oct 30.96,15 Oct 14.28 total for month 45.24,) Total end of October since Jan 307.43
  • borderlakland
    my ex's mum was(before she died) married to a us airman and lived in texas for most her life even though some of their living costs were alot lower than here their wages were lower than our average and their medical insurance was through the roof. she had(and died of cancer) and every time they visited the dr they had to pay.if the visit wasn't pre arranged with innsurance co. very often the innsurance wouldn't pay out.(not always poss if you are very ill. even extra blood tests whilst she was in hospital had to be autherised)on average it doesn't seem overall that they have a better standard of living than we do.their welfare state is alot tougher(not sure if thats good or bad?????) i know we moan about nhs at least if you do get rushed into hospital you don't have to worry about asking is this covered etc.and by what she told us the standard of care was no better than in our hospitals
    Lead us not into temptation...

    just tell us where it is and we'll find it....
    • Mics_chick
    • By Mics_chick 13th Jul 07, 12:55 AM
    • 11,688 Posts
    • 11,566 Thanks
    Mics_chick
    Good information - thanks Lots more reading to do... :rolleyes:
    You should never call somebody else a nerd or geek because everybody (even YOU !!!) is an
    "anorak" about something whether it's trains, computers, football, shoes or celebs
  • anniebooklover
    Some really good tips here and I've only read one of the links so far. Thanks!
    "Bad planning on your part does not constitute an emergency on my part."
    - Proverb
  • Hardup Hester
    I earn 12,324 a year & we have lived on it, though it means only having 20 a week for food & no leeway at all for emergencies. I know I couldn't do it this year as all my utility bills went up by about 5 each a month & my council tax went up by 47 pcm. My wages went up by 4.16 pcm.

    Never let success go to your head, never let failure go to your heart.
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