Lay out your monthly budget

[jamie128]

I just want to see variations in peoples salary and costs associated in different areas etc i think itll be interesting.

ME: (Live on my own)

SALARY, 24,000

Mortgage - 340 (Firstbuy scheme 70% mortgage)
Gas/Leccy - 70
Council Tax - 80
Internet - 25
Water - 20
Tv license - 13
Gym - 34
Phone - 31
Petrol JUST for commuting to work - 95

AFTER TAX AND THESE BILLS IM LEFT WITH £880 to run a car, buy food for myself, save, and enjoy a social life.

Lay out yours and if you think your in poverty or not

[lewisf182]

Be good to list age and area too maybe?

23
Sheffield

£19,300 pa
Live at home
Board: 150
Petrol (commuting and general: 200
Gym: 10.99

Left over with about £840 for food, socialising etc.

I have a mortgage of £220 interest only but its on a buy to let which rents at £625 so decided not to include.

[jamie128]

Are living costs that much difference between areas, im 24 and live in north yorkshire

[lewisf182]

Pisses me off when people get all defensive about saying what they earn etc.
I find it interesting to see how people live and cope....

[jamie128]

lewisf182 said:

Pisses me off when people get all defensive about saying what they earn etc.
I find it interesting to see how people live and cope....

yeh same, you can always learn a thing or two from each other

[Gh45]

Salary = 9,300 in my account

Rent = 950
Car insurance = 20
Gas, elec, Internet, TV = no ideal, less than 200
Petrol to work= no idea, few tanks a month

Drinks,eating, holidays bill= 1k roughly

[PurpleMoonlight]

After all living/vehicle costs I have about £2000 pm to play with.

Mostly of that goes on prostitutes and holidays, I rarely drink and don't smoke, the rest is just wasted .....

[944fan]

33
MK

Me, wife , 2 kids, 1 dog

Salary: £70K

Mortgage: £1089
Gas+elec: £120
Council Tax: £170
Water: £55
Sky: £51
Insurance (house, £life, pet, bike etc): £70
Pensions: £165
Cars (inc petrol): £220
Phone & Fibre: £40
TV Licence: £12
Wife's Mobile: £15
Gyms: £55
Wine: - not answering that.
Food: fking loads

Money left at the end of the month? FA

[TheMobileChicane]

jamie128 said:

I just want to see variations in peoples salary and costs associated in different areas etc i think itll be interesting.

ME: (Live on my own)

SALARY, 24,000

Mortgage - 340 (Firstbuy scheme 70% mortgage)
Gas/Leccy - 70
Council Tax - 80
Internet - 25
Water - 20
Tv license - 13
Gym - 34
Phone - 31
Petrol JUST for commuting to work - 95

AFTER TAX AND THESE BILLS IM LEFT WITH £880 to run a car, buy food for myself, save, and enjoy a social life.

Lay out yours and if you think your in poverty or not

It might help you budget better if you include annual expenses such as car tax, insurance, breakdown cover and maintenance into that, and set aside an amount each month to cover these.

[mcbook]

The budget planner on moneyadviceservice.org.uk is fantastic and can be downloaded as an Excel document.

I thought I had a decent amount of disposable income until I used it...

[jamie128]

why does everyone on this forum earn so much money

[Gh45]

jamie128 said:

why does everyone on this forum earn so much money

Silly answer. They get the jobs that pay well.

Reason. Someone has to get them, either through qualifications, luck, skill, who they know not what, etc etc

Most big league earners own businesses and not likely to post on this thread

Edited by Gh45 on Saturday 31st August 18:57

[Myc]

jamie128 said:

why does everyone on this forum earn so much money

Because the people that are on good salaries are going to be more likely to be willing to talk about it.

[Gh45]

Myc said:

Because the people that are on good salaries are going to be more likely to be willing to talk about it.

Yes. Also cars can be very expensive so they come somewhere to talk about expensive toys...

[Gh45]

Myc said:

Because the people that are on good salaries are going to be more likely to be willing to talk about it.

Usually see the opposite here. When there are polls lots earn in top tax bracket but most posts come from sub 40k bracket

[bigandclever]

jamie128 said:

why does everyone on this forum earn so much money

More to the point, do you think you're "in poverty"?

[hadenough!]

kapiteinlangzaam said:

Age:29

Always assumed you were at least 10 years older than that... Sorry.

[anonymous-user]

Think I'm anonymous on here so don't really see the harm:

Age 30
Swindon
Live Alone
£36k salary.

Mortgage: £395
Service Charge: £92
Council Tax: £80
Mobile: £40
Sky TV/Phone/Broadband: £47
Contents Insurance: £12
TV License: £12
Car Lease: £204
Petrol: £240
Gas & Electric: £75
Water: £30

Leaves me with about £750 (after pension & student loan repayment deducted from pay).

£4k in shares & £4k owed on CC.

[AyBee]

jamie128 said:

Are living costs that much difference between areas, im 24 and live in north yorkshire

26, live in London and my rent is more than double your mortgage payment (I'm sharing a 2 bed flat, our combined rent is 4+ times what your mortgage payment is!). Does that answer your question?

[Gh45]

AyBee said:

26, live in London and my rent is more than double your mortgage payment (I'm sharing a 2 bed flat, our combined rent is 4+ times what your mortgage payment is!). Does that answer your question?

Your payment is 700