How much do you spend a month before you actually buy anything?

Wildly Boaring

Lia_lia wrote: »

Some people have such big car loans. I'll never understand getting a huge loan for a new car. Or PCP. Seems like such a waste. But then again I'm not hugely into cars.

Cars ain't free.
I do 60 to 70000km annually.
Often spend 5 or 6 hours in it.
It's my office, changing room and often canteen.

Yes I'm "in" to cars too but I also need one that will work 99.9% with simple maintenance.

My current car is now paid for. (Wife's on PCP for different reasons)

I want my savings to be accessible not tied up in a quickly depreciating asset.

(I do get a nice amount of mileage)

Lia_lia

Wildly Boaring wrote: »

Cars ain't free.
I do 60 to 70000km annually.
Often spend 5 or 6 hours in it.
It's my office, changing room and often canteen.

Yes I'm "in" to cars too but I also need one that will work 99.9% with simple maintenance.

My current car is now paid for. (Wife's on PCP for different reasons)

I want my savings to be accessible not tied up in a quickly depreciating asset.

(I do get a nice amount of mileage)

That’s fair enough. You drive a lot more than I do. My mileage is only around 10K kilometres per year as my commute is so short. My car cost 2.5K and I’ve had no trouble with it. There are a lot of people I know who do similar mileage to myself that feel like they need brand new cars on PCP and then are always giving out that they are broke. That’s what I don’t understand!

The J Stands for Jay

Lia_lia wrote: »

That does seem like a lot! Mine is €20 a month. Phone cost about €450 outright. I don't have insurance though.

Once you take the excess into account, you're likely to be paying out as much in insurance as a new phone would cost.

McGaggs

McGaggs wrote: »

Once you take the excess into account, you're likely to be paying out as much in insurance as a new phone would cost.

Not really. I have an excess of 70 euro and my phone cost 1000 euro. Even a screen replacement is around 250 euro.

meeeeh

Car loan 330
Savings about 400
Electricity 170
After school for an hour about 150
Whatever property tax is supposed to be therese days
Internet is 40 (limited providers)
Health insurance for 4 is 260
Bins 20 or there abouts
Swimming for kids 75 per month

Mortgage, sky, bt, Netflix, Amazon and whatever other stuff go out of oh's account. I know mortgage is around 900 and I'd rather not know how much Sky is.

This financial planning stuff is easy.

ImARebel

Don't get me started...

This is all monthly
Mortgage 950
Car loan 200
Vhi 130
Bins 30
Mobile phone bills 35
Gas
Electricity
Broadband 55
Tv 30
Savings 140
House Insurance 30
Car insurance 65 (they doubled it with no warning)
Mortgage protection 50
TV licence 13
Car tax 25
Gym 75
Scouts 20

Family of 4, 1 wage

And I havent bought a crumb of food yet or a school uniform we don't go out anymore, we go nowhere, do nothing

I've trimmed off all the fat. Am debating giving up the skyTV (basic package) but given we're at home so much we'd crack up without it

SCOOP 64

ELM327 wrote: »

They are probably driving a nice new car that is interesting and doesnt break down.


Who's the fool again?

Hmm

SCOOP 64

meeeeh wrote: »

Car loan 330
Savings about 400
Electricity 170
After school for an hour about 150
Whatever property tax is supposed to be therese days
Internet is 40 (limited providers)
Health insurance for 4 is 260
Bins 20 or there abouts
Swimming for kids 75 per month

Mortgage, sky, bt, Netflix, Amazon and whatever other stuff go out of oh's account. I know mortgage is around 900 and I'd rather not know how much Sky is.

This financial planning stuff is easy.

Savings €400 a month , get out of this Thread!

meeeeh

SCOOP 64 wrote: »

Savings €400 a month , get out of this Thread!

I didn't say for how long the stay savings. at best I'd say our approach to budgeting is a bit relaxed. Non existent would be another description.

Assetbacked

Rent and bills 1400
Gym 29
Phone 60
IT subscription 20
Loan 400
Golf 100

So over 2k... Wow. That's a lot.

kieran.

mortgage, food, misc bills 2250
creche 1100
elecie 80
sky 120

All split 50/50 with the Mrs so 1725

Golf 150
Car 400

2275/month not to bad for family with 4 kids

Sussy

Hi everyone!

Because I switch suppliers every year here is what we spend on. If you take your time to shop around you will save a lot.

Rent €750
Electric Ireland €70
Eir Broadband €35
Bin €33
Tv license €13
Aib car insurance €69
Road tax €3
Petrol €200
Tesco mobile €15
Kerosene winter €93
Android box for tv

Suarez Canal

Mortgage 1300
Savings 1500
Utilities 140
TV, broadband, Netflix, Spotify 160
Insurance/Life Policies 140

Skyrimaddict

kieran. wrote: »

mortgage, food, misc bills 2250
creche 1100
elecie 80
sky 120

All split 50/50 with the Mrs so 1725

Golf 150
Car 400

2275/month not to bad for family with 4 kids

That is each though!

Skyrimaddict

Suarez Canal wrote: »

Mortgage 1300
Savings 1500
Utilities 140
TV, broadband, Netflix, Spotify 160
Insurance/Life Policies 140

Holy **** that is good saving!!!

Skyrimaddict

It is good to see I am not the only one, I thought at one point I was going mad at home much I spent external to food, clothes etc but dont seem to be.

All of it seems to then not get much bang for your buck either, we do get fleeced here in Ireland, was speaking to my Australian cousins and outside of mortgage they though the figures were mad!!

Suarez Canal

Skyrimaddict wrote: »

Holy **** that is good saving!!!

Want to payoff the mortgage as soon as I can, so saving to pay off some principle after each rate reset.

meeeeh

I console myself that we are on tracker anyway. It's almost like bank paying us for to have mortgage with them so there is no point paying it off early.

RFOLEY1990

Rent €500
Eir Quad Play - €190 (LL, TV, BB, 3 Mobile)
Gas - €120 (very cold, old house)
Electricity - €50
Bins - €18.50
Leap Card - €120
Tv Licence - €13.33
Groceries - €160
Credit Union - €150
Savings for Xmas - €200
Savings - €200

Total - €1721.03

kerryjack

Intresting tread this is for a family of 2 adults and 4 kids living in rural kerry 2 cars.
Alll DD are about 1200 thats including mortgage 400 and car loan 200 shopping in aldi 600 no child care Costs 50 diesel 50 for the kids pocket money we take out 250 a week cash for ourselves and we might save 400 a month.

uncommon_name

Lia_lia wrote: »

That does seem like a lot! Mine is €20 a month. Phone cost about €450 outright. I don't have insurance though.

What plan are you on? My guess is a Pre pay one? Then €20 is about right but you have to pay for the phone in full which is grand if you don't buy the latest and greatest phone which costs about €1000-1200.

Obviously the person paying €60 is on a bill pay contract.
It is €60/month for the only unlimited internet phone plan and probably paying about €150 upfront for the phone instead of approx. €1000 to buy it outright.

Toots

holliehobbie wrote: »

That's very expensive for two phones. And you're paying for a landline as well?

Landline comes with the broadband but we never use it. It's 2 phones on the Vodafone €60 per month plan, which includes Spotify premium on one and sky sports on the other.

Wildly Boaring

kerryjack wrote: »

Intresting tread this is for a family of 2 adults and 4 kids living in rural kerry 2 cars.
Alll DD are about 1200 thats including mortgage 400 and car loan 200 shopping in aldi 600 no child care Costs 50 diesel 50 for the kids pocket money we take out 250 a week cash for ourselves and we might save 400 a month.

50 diesel a month?

facehugger99

ImARebel wrote: »

I've trimmed off all the fat. Am debating giving up the skyTV (basic package) but given we're at home so much we'd crack up without it

Would you not get Freesat instead?

AFAIK you can use the sky dish and receiver and you get all the major UK channels.

You can get the Irish channels online or through Saorview.

Trigger Happy

meeeeh wrote: »

I console myself that we are on tracker anyway. It's almost like bank paying us for to have mortgage with them so there is no point paying it off early.

I think it depends on the duration left and circumstances.
I pay 500 extra off mine a month and have it reduce my monthly rather than reduce the duration.
It works out that for every 500 I over contribute my monthly goes down by about €5 which means that after 8 1/3 years I have my money back in reduced contributions.
And I compound the savings in to extra contributions, 505, 510, 515 etc as each month passes so the savings increase.
This suits me as I prefer to have less of a monthly liability to be able to handle unexpected income deviations etc...might not suit everyone.

ImARebel

facehugger99 wrote: »

Would you not get Freesat instead?

AFAIK you can use the sky dish and receiver and you get all the major UK channels.

You can get the Irish channels online or through Saorview.

I'm a complete newb when it comes to all that stuff, I must do a bit of reading

Trigger Happy

ImARebel wrote: »

I'm a complete newb when it comes to all that stuff, I must do a bit of reading

Some TVs sold in ireland have a free sat receiver built in. Our samsung tv, bought last october, has it and by connecting up a hard drive we can record etc.
The interface is not as good as with sky/virgin media.

That said, we still pay for a virgin media tv subscription.

ImARebel

Trigger Happy wrote: »

Some TVs sold in ireland have a free sat receiver built in. Our samsung tv, bought last october, has it and by connecting up a hard drive we can record etc.
The interface is not as good as with sky/virgin media.

That said, we still pay for a virgin media tv subscription.

Our telly is as old as the hills, doesn't have anyhting like that, we use a chromecast to stream from our phones if needed

kerryjack

Wildly Boaring wrote: »

kerryjack wrote: »

Intresting tread this is for a family of 2 adults and 4 kids living in rural kerry 2 cars.
Alll DD are about 1200 thats including mortgage 400 and car loan 200 shopping in aldi 600 no child care Costs 50 diesel 50 for the kids pocket money we take out 250 a week cash for ourselves and we might save 400 a month.

50 diesel a month?

Apologies thats 50 a week and 50 for kids activities a week

Ezra Wibberley

Mortgage €613.99
Home Insurance €43.72
Mortgage Protection €15.15
Netflix €14.99
Life Insurance €40.79
Internet €25
Mobile €60
Car Loan €152.33
Pet Insurance €26
DFS Furniture Repayment €75.36
Pension €100 (by direct debit... this excludes the employer pension, but that's not from take home)
Webhosting €12.99
Sky €32
Spotify €14.99
Credit Card €100

And after that it varies depending on what the month needs.... dog food, dog minding, petrol, car tax, car insurance. There are also my wife's loans and expenses as currently a 2 person 1 income household.

When I eventually pay off the credit card, that 100 a month will go to a mortgage overpayment.