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disposable income?

how much do people have? after all bills have been paid (not including food!)

just out of curiousity. i would answer my own question but its changing alot at the moment!

just wondering what is considered a 'reasonable' amount!
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Take-home pay = £1000
    Mortgage = £369
    Insurance = £21
    Water = £15
    Electrics = £15
    Gas = £15
    Phone = £41
    Internet = £25
    Council Tax = £70

    That leaves me £429, about £100 per week. I try and save £15 per week though in case housing emergencies crop up.
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    I shouldn't worry about it - Your disposable income will be zero once you get a house, because your expenditure will grow to consume anything you make. ;)
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Mist wrote: »
    I shouldn't worry about it - Your disposable income will be zero once you get a house, because your expenditure will grow to consume anything you make. ;)

    ha, thats what im worried about :p
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    ha, thats what im worried about :p

    Ok. It can be more expensive than renting because you tend to want to kit your own house out nicely compared to one that you know is temporary and which someone else has bought the appliances for. But it doesn't have to be a big deal and you can spread stuff out over time. If you want new furniture then IKEA offers reasonable value.
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Mist wrote: »
    Ok. It can be more expensive than renting because you tend to want to kit your own house out nicely compared to one that you know is temporary and which someone else has bought the appliances for. But it doesn't have to be a big deal and you can spread stuff out over time. If you want new furniture then IKEA offers reasonable value.

    hehe, thanks :)
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    No idea really. Get a student loan so just try to keep the numbers positive as long as possible! If I did like others though:

    Rough income per week: £160
    minus
    Rent: 60
    Food: 40 (includes other bits like lunch, beer, etc.)
    Bills: 10

    So maybe about £50 'disposable' a week but I tend not to dispose of it, but don't get rich either. The life of a student. *sigh*
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    ShyBoy wrote: »
    The life of a student. *sigh*

    ha, oh noesss, you are so not well off as a student are you? :p

    £50 a week after all food and bills have been paid for? thats luxury for a student!!!!!!!!!
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Once rent was taken into account, my weekly budget for food and beer was £42 in 1998, £50 in 1999 and £55 in 2000.
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    My income varies a lot.

    My true disposable techincally = 0

    As I reinvest as much of my money as I possibly can, even if that means leaving me short.
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    about a nickel
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    ha, oh noesss, you are so not well off as a student are you? :p

    £50 a week after all food and bills have been paid for? thats luxury for a student!!!!!!!!!

    Thing is I don't think thats a true account of everything that I spend it on, so disposable income is likely to be less than that. I don't spend £50 a week or anywhere near but my bank balance still just goes down!
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    This is based on what I'll be getting paid as from next month

    Income=£1300 (flat rate, not including unsocioable hours, extra pay for weekends)

    Rent=£200
    Pension=£100 (automatically taken from my wage)
    Food=£120 (approx. for the month)
    Phone=£20
    Sky/internet=£20
    Gym=£31

    So after that I'll have £809 disposable income for the rest of the month. Oh mai...I don't think I've ever had that much money to my name :hyper:

    I'll probably put another £100 or so in my savings :yes:
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    I would have alot more disposable income if i didnt piss alot of it away!
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    GoodFella wrote: »
    I would have alot more disposable income if i didnt piss alot of it away!

    I'm the same I would have much more money if I didn't go out half as much!
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    1473 income (roughly)


    520 Bills (accom/electric/tax/phone/sky
    120 Car
    130 insurance (all kinds)
    300 Food
    80 Wasted (bits/bobs)

    1150 Bills
    323 disposable

    which will pay for the wedding mostly, etc etc, this is if we're not strict or on a budget and per month (I also get tips every 3months and income from ACF which isn't counted as it is iregular)
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Jesus, i never actually bothered to work it out but i roughly have about 400 odd disposable income, after rent and bills. Where the fuck does that all go! :(
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    food is pretty expensive so maybe that.
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    True, the little things do add up. Still, it is annoying.
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Depends what you mean by 'disposable' really. If you mean money for us to go and blow on random shite, then about 2p.
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Piecesofme - How come your rent is so low? If that includes the bills and council tax, then you're doing absolutely amazing!!

    I still haven't worked out how people can get away with spending as little as £25 per week on food though. Without even considering meals out at i.e. Weatherspoons, I'm still spending £35+ per week.
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    As our couple our main shop each week is about £40pw, including toiletries and houshold cleaners, etc. We probably spend another tenner a week on milk and bread during the week, or the occasional shop sandwich if we didn't make a packed dinner.

    It isn't hard to live on a budget of about £30pw for a single person or £50pw for a couple. It's about shopping smarter and deciding what luxuries you want, which luxuries you can afford and which ones you can do without.

    The main reason why our shop's so low is because we do the main shop at Aldi, don't eat much meat, and we're blessed with one of the best food markets I've come across. But then KHSS will slap me for saying that yet again!
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    About £600 a month. Not including clothes, CDs, going out etc. I do save a heck of lot of that. Living at home and not driving keeps my costs pretty low.
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    With me we do the food shopping for the four of us in the house and get little bits each. For the main meals etc its about £25 each somehow and then anything I buy for lunch / etc. like drinks is on top of that.

    Meat is the big thing I think, it's pretty expensive...
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    After rent, food and bills probably about £1200/month, most of that goes on random trips abroad, personal development and speculating on the stock market. need to find some cheaper hobbies maybe lol, having too much fun though!
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    After rent, food and bills probably about £1200/month, most of that goes on random trips abroad, personal development and speculating on the stock market. need to find some cheaper hobbies maybe lol, having too much fun though!

    Blimey, what do you do? Job wise?
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    I think Senior Miguel is a programmer. I'm currently learning programming, php to be precise, as the money in it, is undeleivable.

    Little bit of food for thought.

    Look after the pennies and the pounds will look after themselves.
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    I have about £400 after essentials, but I keep my spending money to £200 and save the rest
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    I have about £2050 a month coming in after tax, pension and student loan has gone out, which goes on:
    Mortgage: £600
    Bills: £352
    Leaving me about 1k disposable income which is being put to one side for a deposit on a new house between us. We then live off the OH's salary.

    OH has about £2900 a month after tax and pension, which goes on:
    Mortgage: £630
    Bills: £450
    Car: £350
    Food: £200
    Leaving us about £1200 there as disposable income - I have no idea what we do with this but it seems to get spent. Too much socialising probably!
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    I have about 200 squid a month at the minute, after everything i pay out regularly (including savings). At the moment I'm saving as much as i can to kit out our new house. I'm not sure where it all goes to normally!
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Ummmm about £1850 after tax, NI and Pension - currently putting about £300 a month into the pension.

    So after that i'm not sure where it goes I think the following is probably pretty accurate

    Rent and bills £300
    Savings Long Term £200
    Savings Short Term (holidays) £200
    Phone £50 - i need to change my tarrif
    Contact Lenses £25
    Food £150 - per month - I used to be able to do £25- 30 per week for the two of us but that seems to have gone up a bit recently.
    Cleaner - £54

    Which leaves the grand total of roughly £875 per month and i've no idea where that goes at all - but i guess i've been buying loads of stuff for my house recenty and a few new clothes and I go out to eat at least once a week - though i don't always pay - hummmmm its going to be a bit of a shock going down to only £400 a month soon....
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