Me and the missus spend about £250 a month, including food bills. The only real expenses are wool for her and getting to races for me.
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How much money could you live on per month?
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Posted 5 months ago #
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im a student managing to live off £30 a week, and i manage to go out to town with that
How much does a loaf of Tesco Value bread and a tin of value beans cost these days? When I was a student (a while ago now) Tescos were selling beans for about 4p a tin, and bread for about 20p a loaf or something, so it was possible to eat for a week for about a quid.
Our Halls weren't a pleasant place to be if you a)had a sense of smell or b)didn't like beans.
Edit. I spend a bit more than that now, but I still fart a lot.
Posted 5 months ago # -
I have 2 teenage daughters, so I can say I am fooked...
After returning from the pub the other night (me, not them!) they told me how the money I had spent could have bought them so many 'products' and if I didn't go out at all for a while they could have some GHD's
I will still go out - at least I help keep pubs open and people in jobs
Posted 5 months ago # -
Tescos were selling beans for about 4p a tin
tesco value beens are now around 26p i think, but as ive found, it varies from place to place. i usually splash out and get morrisons value beens as they taste a bit nicer, but are relatively expensive at 31p (they were 25p about a month ago :x). i dont buy the bread so cant get the price on that but value bran flakes are 77p, bagels are 90p odd, ketchup is 14p etc.
i keep meaning to start a blog reviewing all the tesco value stuff, its surprisingly not that bad. its funny how the packaging successfully puts people off buying it...
Posted 5 months ago # -
A couple of years ago I'd just bought a new house and after the mortgage increase I was strapped. So to keep in budget I recorded all spend. I allowed 35 quid a week for food, 100 for ents.I ended the year having saved about 1200, enough for a decent holiday. so, about 110 a week, or nearly 500 a month. That is central London prices.
Posted 5 months ago # -
I lived out of my car for a while about a decade ago. This was in the states, but I lived on about £25 a month. Eating a can of speg and a pot yogurt almost every day. One meal a day. The occasional mars bar. Did work for a construction company on and off, but mostly relied on mates that were in uni for entertainment, clothes washing, and the occasional slice of pizza.
A good way to save lots of dough is to get a national gym mebership (YMCA, etc) One time fee of £200 for the year that way you can use your card to get into any YMCA in the country and use their showers and fresh towels.
Posted 5 months ago # -
I only shop at Kwik Save and buy No Frills™ products. Their version of Spam is simpy devine.
Posted 5 months ago # -
I earns between £1600-£2200 a month, my bills, including car, rent, gym, elec,sky,broadband, mobile...etc were £400 . For the final week of the month I was living off around £20.
I think I need to budget more.
Posted 5 months ago # -
I earns between £1600-£2200 a month, my bills, including car, rent, gym, elec,sky,broadband, mobile...etc were £400 . For the final week of the month I was living off around £20.
I think I need to budget more.If your enjoying yourself I guess that the main, you'll probably not live to regret it but you may do. My girlfriend is in a similar situation and spend it all on clothes, she starting to learn though.
I save between £1500 and £2000 a month, it get addictive saving, watching the balance go up, then you spunk some of it on an expensive holiday or nice bike and don't feel guilty in the slightest. It's also completely stress free having a year or twos worth of salary banked as you don't need to worry about the worst Happening and loosing your job etc, at least not as much anyway.
I know I'm fortunate, I also know that I could end up as I was a few years ago if the industry I'm in ever decides to **** up, it has another 20 years in theory, but there will be hard times before then. The thought of being how I was will forever keep me being a tight arse, with the occasional splurge.
Posted 5 months ago # -
I save between £1500 and £2000 a month
Posted 5 months ago # -
I have a spreadsheet of known in-comings and out-goings, I try to tweak the savings amount to allow for about £100 a week to live on. But food shopping and fuel are covered elsewhere too so it's pretty solely going out/un-expected costs really.
It's not a perfect system and when I started out doing it I was living on £40 a week so it is possible to live on far less and save more.
There does seem to be a happy balance you reach of some to spend and some to save - in certainly not in the position of having a years salary in the bank and saving £2k a month like some though. But in my first year of owning a house I have replaced all the white goods (through breakdown/faults) bought furniture, replaced a dead laptop and bought 'stuff' for the house and also managed to stick 3 months mortgage payments into an ISA should I need it (I also have a 3 month notice period so should the worse come to the worse I have time to get sorted). So I personally feel like I'm doing pretty damn well considering
Start the saving off and keep track of it - as mentioned above, it forms a habit which can be rewarding as buying stuff from cash rather than from debt is gratifying.
Posted 5 months ago # -
Also gsp1984 - what the hell do you do?
Posted 5 months ago # -
toby1 - Member
Also gsp1984 - what the hell do you do?I work for the offshore industry, unfortunately I have to travel a lot, but fortunately when I am traveling I'm not spending my own money.
So swings and roundabouts.
Posted 5 months ago # -
Fair enough then - I earn an okay amount but have little outgoings (car/phone etc all go through my business) but I do get home at 5.45pm almost every night to see my little girls which is a fair trade off against earning £££££££££s
Posted 5 months ago # -
I save between £1500 and £2000 a month.
Fair play mate!
Posted 5 months ago # -
£0 a month was my best last year, most months these days seem to be around £100
It's a simple way of life.
Posted 5 months ago # -
Fair play - if I could I would
Posted 5 months ago # -
What did you eat when you didn't spend anything Sharki?
Posted 5 months ago # -
finbar
By foraging and bartering, somedays I ate little, others very well.
Posted 5 months ago # -
By foraging and bartering, somedays I ate little, others very well.
+1, it's amazing what you can blag from generous people. People at work used to ask if I wanted anything from the shop, I used to say 'I've got no money but I'll come for the walk and fresh air' more often than not people will offer to buy you something.
Infact met up with an old colleague on friday and bought them lunch to return the favour lol
You can get some nobbers that bring bring out the small violen joke too. Although it's often no joke for the person involved.
Posted 5 months ago # -
I'm impressed. I imagine it'd be harder at this time of year.
Posted 5 months ago # -
Plenty of small ways you can help people, in fact this time of year is probably the best time for a spot of bartering.
Leaves, untidy gardens, logs to chop, etc.My present one is a roof repair and odd jobs around a stable yard and arena. Food, a place to stay if i need to and i get to ride the horses.
But as always it's a numbers game, you need to speak to a lot of folk, trust is hard to gain, but those that do trust you, usually find a way in which i can help them, and a meal worked for is a tasty meal indeed.
Posted 5 months ago # -
I save between £1500 and £2000 a month
A colleague lives off the interest on his savings, so he's saving his entire salary every month. When I last caught sight of his pay slip, the net salary began with a 3.
The way to achieve this seems to be to never move out of your parents' house and to be in your early 50s.
Posted 5 months ago # -
A colleague lives off the interest on his savings, so he's saving his entire salary every month. When I last caught sight of his pay slip, the net salary began with a 3.
Ok but how many following digits before the decimal point.
Posted 5 months ago # -
A colleague lives off the interest on his savings, so he's saving his entire salary every month. When I last caught sight of his pay slip, the net salary began with a 3.
Not dis-similar to my brother. No idea what he earns but not a huge amount - he did have a house but sold it and made good money on it then moved back in with mum and dad as he was working away so much of the time he thought it was daft to own his own home (he is single and has no desire to settle down).Now he can't spend money quickly enough so every month he saves even more and it keeps growing although I am sure the present interest rates make it slightly less comfortable than it used to be - he was earning nearly as much in interest each month as I was earning through working.
Posted 5 months ago # -
This thread of spending vs saving has got me thinking.
I've never been a saver. I'm fortunate enough to have a decent income (by average standards), but spend it all.
Next year Mrs North and I want to do some significant work to part of the house. We're going to have to change our ways and save.
Which is about time.
Thanks for the inspiration..!
Posted 5 months ago # -
A colleague lives off the interest on his savings, so he's saving his entire salary every month. When I last caught sight of his pay slip, the net salary began with a 3.
The way to achieve this seems to be to never move out of your parents' house and to be in your early 50s.I have a friend that still lives with his parents, he has just swapped his exige for an early gallardo!
I live in the midlands where houses are cheap fortunately my outgoing consist of £1000 into a joint account with my girlfriend, she also pays in £1000 and that covers the mortgage, bills, food etc for the month.
If she ever left me and I move back home I think I'd buy a gallardo to though lol.At least for a short while before buying another house.
Posted 5 months ago # -
I have a friend that still lives with his parents, he has just swapped his exige for an early gallardo
I can only assume his parents are complete mugs
Posted 5 months ago # -
Someone I once worked with sold his house and moved back into his mum and dad's purely so he could buy a brand new Ferrari.
Our bosses forbid him from coming into work in it because they said it gave the wrong impression to clients - they said it would make them assume they were being fleeced so people could spunk money on flash cars.
Posted 5 months ago # -
Someone I once worked with sold his house and moved back into his mum and dad's purely so he could buy a brand new Ferrari.
Define "A Loser".
Posted 5 months ago # -
Define "A Loser"
It also pretty much sums up the Top Gear studio audience.
Posted 5 months ago # -
I can only assume his parents are complete mugs
If you live away from home for 7 months of the year what the point in having your own house if your single. I would agree with him to a certain extent.
Posted 5 months ago # -
Discussing money is vulgar.
Posted 5 months ago #
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