Steve21 (22nd August 2011)
i have a google excel document with my budget in:
halifax account 7.5 <-- halifax reward account
Council tax 95.25 <-- this is getting cheaper because i qualify for the 1 person discount(25%)
Phone/internet BT 19.9
Bills 35 <- gas & electricity both around 15pound each, warm flat, i turn everything off, got one of those electricity monitors, idles ~30W and with fridge ~200
Rent/Mortgage 260.3 <-- 3 bed flat
Dental Plan 12.35
water bill 39.68 <--- there currently charging me more for buying a house in the middle of the standard 10 month period, not happy, i argued lots on the phone.
Car Insurance 50 <-- i dont pay monthly just put this into a savings account then pay a lump sum the year, its cheaper to do this way.
House insurance 11.40 <---- building and contents through direct line.
Petrol 120 <-- currently looking at cutting this down
TV Licence 29.1 <-- same rubbish as the water bill
Mobile 20 <-- bargain with my htc desire
BnQ 54.3 <-- one off for loft boards
Tyres 477 <-- one off
saving: 20 <-- will be increased when other bills are haved(water and tv license)
Spending money: 307.48 <-- how much is left for pub
Weekly Spendable: 76.87 <-- how much weekly for pub
Thank you all, Really useful to see
We have ours set up similar to how Flakes does it - makes keeping an eye on things a doddle. Here's ours to try and help you out (Rough costs, as exact costs are on home PC - shown on monthly basis):
Council Tax: £110
Building and contents insurance: £20
Life insurance: £20
Pet Insurance: £7
Shares ISA: £100
Car Savings: £100
Sky: £80 (BBand, TV, and Phone)
All this comes out the 'bills' account, and anything left goes into the spending account. We have a buffer on the bills account just in case something changes unexpected, like if we get a few movies off Sky Box Office, or if the missus has used the phone a lot that month, or if I've done a few more miles and need a bit extra diesel. Then, at the end of the month that buffer gets transferred to the spends account and we start again.
Based on 2 adults, 2 bedroom, in Kent
Water ~£35 a month (Two Bills)
Life insurance £20
Buildings Contents insurance ~£25
TV License £12
Pet Insurance £8
TV Internet Phone £60 Sky
Council Tax £115
We get all of our essentials (Bread, Milk, Butter, Meat) from our butcher who has been round my house for a BBQ and such like and we get good deals from him and he can beat supermarket prices by far.
We get most our fruit and veg from the greengrocer next door to the butcher, again beating supermarket prices by far - some things we will forage from the locale, such as blackberries, raspberries, apples, pears, plums, peas.
We also grow a few of our own bits and pieces (carrots, cabbages, parsnips, variety of herbs).
All about how you spend the money and your choice, if you get it all from tesco, yes you get clubcard points, but shopping around we can save easily £20-£30 on a weekly shop just by going to different shops and sourcing our food properly.
sandwich fillings from morrison 1pound each (get 3)
loaf of bread ~1pound
4 pound a week
once a month or so:
crisps ~ 2.50 pound (buy 24 pack, one bag with sandwich 24 days worth)
Marge ~3 pound
5.50 every so often.
suppose you could do 80 pound for two people on a tight regime, meat tends to throw my budget out of whack since i like to cook currys, and have a slow cooker for stew
See, we spend £300-400 a month on food, and I know this is normal as friends spend the same. My brother spends £75 a week and he eats nothing in my opinion!
And we do try to save money on shopping, for example we tend to take a trip to pound stretched for cleaning products, tinned stuff, and crisps and biscuits. Then we go to Lidle/Aldi to get our meats and see what bargains they have, and then finish up at Asda to get anything we didn't pick up. Granted the food budget also includes alcohol, but this comes to about £30 or £40 per month. Could understand people's food coming to £200 a month, but £80 a month just sounds absurd to me.
I live on my own and do £50 a week - so £200 a month. Plus maybe eat out / take away at least once a week. So yeah... £80 a month is nothing lol
Also include gym memberships... I play football so that costs me near £20 a month subs!
me, wife, two kids and a dog, and our weekly food shop is £100 a week. pretty much get everything from Asda.
Our household grocery bill for a week is about £150 - £170 and that's me and 3 other adults no alcohol in that one but does have essentials like Loo Roll (my sister goes through forrests of the stuff!) cleaning stuff, washing powder etc as well as the actual food.
See, now our food bills include pretty much any consumable we use in the house. So how people can survive on £20 a week and also buy cleaning products, toiletries etc with that, unless of course those people weren't counting these things in their food bill costs.
I wasn't counting those in my shopping bill to be honest.
That's in my cleaning bill, which comes to roughly £40 a month, including loo role, toothpaste, mouthwash, bleach, (if needed) etc
Last edited by nephilim; 23rd August 2011 at 10:06 AM.
£550 - Rent - Thought about buying but decided against it
£120 - Council Tax
£60 - Sky
£30 - Gas - Goes up and down
£30 - Electric - Goes up and down
TV lic - £12
Bupa - £120
£10 - Contents insurance
£15 - Internet
Food - can vary a lot - we go see friends and family quite a bit so we eat at there house but still seem to spend a fortune!
basically, my mortgage costs about £550 (fixed rate), and my bills are about £350. this is subject to seasonal fluctuations, but its a rule of thumb that might be plus or minus £150.
you can probably save £20-40 a month by shopping around suppliers for gas and electric, and by seeing if there are any concessions on your council tax to be had for single occupancy properties and such.
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