What do you spend your money on? Budgets?

wally1990

I earned €35,000k a year and met 2,385 a month
Saving for a wedding so €500 goes against that
€245 for car loan
€135 on dental loan
Rent €100(f all)
Food about €200 a month for house
Fuel €125-€140
Health insurance €78
Car insurance €65
Utility's €200
Car tax €56
Mobile phone €20
Weekly football €10 so €40 a month
And might spend €200-250 on social nights

How about you ? Extreme budgets ? Or lavish spending ?

Don't have kids or anything and I'm 26

Stheno

Mod

Moved from work and jobs new charter applies.

Dr Crayfish

Who f*cking cares what you spend your money on?

ytpe2r5bxkn0c1

I'm certainly not going to list all my spending but, once the kids were educated and independent and the mortgage cleared, I gave up on budgeting altogether. Did it for year after miserable year and it paid huge dividends but now it's spend what we want on whatever we want.

Surreptitious

25 euros to rent? Is it a bloody matchbox.

snubbleste

None of your business, OP

Elemonator

Hookers and Coke

Outlaw Pete

What money?

corner of hells

Kadence Hissing Comet wrote: »

I'm certainly not going to list all my spending but, once the kids were educated and independent and the montage cleared, I gave up on budgeting altogether. Did it for year after miserable year and it paid huge dividends but now it's spend what we want on whatever we want.

This montage you cleared ? Was it nice ?

Austria!

Here's my projection for this year

Paying back loan 4000
Rent and food 6000
Car costs 3000
Socialising 400
Holiday 1000
Clothes 200
Football 500
Saved/invested 4000

DontThankMe

I'm spending my €188 the government pays me each week on tobacco alcohol a few takeaways and I spend the rest down the bookies.

MilesMorales1

DontThankMe wrote: »

I'm spending my €188 the government pays me each week on tobacco alcohol a few takeaways and I spend the rest down the bookies.

Is that before or after you get your free pram after leaving the old one on the bus?

_Kaiser_

Rent (not too bad, but then.. not in Dublin), diesel & tolls (lots.. but then, have to GO to Dublin & elsewhere), normal utilities (ESB, Gas, Sky, Broadband), mobile, and some loans.

Then a sizable chunk goes towards my little fella - actually it goes out for him first. Whatever's left after all that I feed and (occasionally) treat myself with

TerrorFirmer

DontThankMe wrote: »

I'm spending my €188 the government pays me each week on tobacco alcohol a few takeaways and I spend the rest down the bookies.

Don't forget about the bit you put aside to go on luxurious foreign holidays and/or buy a new car.

Atoms for Peace

Im in the civil service and have so much money that I often burn fifties to heat my house, thanks suckers.:p

Princess Consuela Bananahammock

wally1990 wrote: »

I earned €35,000k a year and met 2,385 a month
Saving for a wedding so €500 goes against that
€245 for car loan
€135 on dental loan
Rent €100(f all)
Food about €200 a month for house
Fuel €125-€140
Health insurance €78
Car insurance €65
Utility's €200
Car tax €56
Mobile phone €20
Weekly football €10 so €40 a month
And might spend €200-250 on social nights

How about you ? Extreme budgets ? Or lavish spending ?

Don't have kids or anything and I'm 26

Meh - enjoy it while you have it. You won't always be able to.

Question boils down to: are you happy? If so, then no it isn't. If yes, then you need to re-evaluate.

I save every penny I can because I live in grace and favour housing where I work and I've highly subsidised rent that also covers utilities (and most meals if I eat in the dining hall where I work). As a result I save over half my salary at the moment, and that's with some expensive hobbies to fund and a car to run. It helps that I don't drink/smoke.

All that's about to end as I'm planning a move, but it's been a great opportunity to get a lump sum behind me. I have pretty simple tastes so it hasn't been difficult.

qo2cj1dsne8y4k

1/3 into savings. Groceries, bills, dogcare and clothes/makeup. Occasionally nights out. I'd panic a little if my account dropped into the 3 figures. I used to be woeful with money but I'm much better now. I hate penny pinching and having to consider will I/won't I when it comes to buying something

Donal55

For all you thrifty or mean Cavan people, have a google of Michelle McGagh. She is a personal finance person who managed to save €22k in a year by 'budgeting' wisely.
Cannot post the link as I'm on the phone.

gifted

Ask herself and the kids....not in my hands long enough ..lol lol

Bubbaclaus

Save 65% of my net pay.

dollyk

Im hopeless at budgets, lived on a thread for 35 years with 6 kids.
Both 52 now, both working, and I guess my values have changed.
Save about 240 a month, but use it helping older kids with grandkids
cause I never forget the struggle when having small kids and parents
who didnt have the funds to help. Have lost all materialist values :eek:
And would rather buy a few plants than curtains to match my wallpaper

Richard Hillman

Imagine all those nice things you can do without that €500 a month being wasted on that wedding.

andekwarhola

Not as much spare funds as earlier in life with kids and mortgage but I pay into a company pension and also into personal savings.

Also we pay a set amount into a separate savings account specifically for the kids towards college or if not that, something to get them started in life.

Also throw the monthly child benefit from the state into the savings account for the kids (some sections of the AH community may want to look away after reading that :pac:).

Hoping to be mortgage free in ten years so can really lump into pension and savings then

mansize

€100 coke
€88 hookers

wally1990

Richard Hillman wrote: »

Imagine all those nice things you can do without that €500 a month being wasted on that wedding.

LOL

ytpe2r5bxkn0c1

andekwarhola wrote: »

Not as much spare funds as earlier in life with kids and mortgage but I pay into a company pension and also into personal savings.

Also we pay a set amount into a separate savings account specifically for the kids towards college or if not that, something to get them started in life.

Also throw the monthly child benefit from the state into the savings account for the kids (some sections of the AH community may want to look away after reading that :pac:).

Hoping to be mortgage free in ten years so can really lump into pension and savings then

That could have been my post a few decades ago. Did all that. Ended up able to retire at 53 and have never looked back. Keep it up as it's well worth the effort.

OldMrBrennan83

This post has been deleted.

Kadence Hissing Comet

Kadence Hissing Comet wrote: »

That could have been my post a few decades ago. Did all that. Ended up able to retire at 53 and have never looked back. Keep it up as it's well worth the effort.

This is what I do too, especially with the future so uncertain now. I fling as much money as feasibly possible into the pension and savings while I'm young and have few outgoings. I hope when/if I have kids that I'll be able to get them educated and started so they can do the same.

I've colleagues older than me who spend like there's no tomorrow, and have no financial plans in place, I don't know how they sleep at night! I'm cursed with congenital sensibleness, I'm always trying to think ahead and have to remind myself to enjoy things in the now too.