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How much do you spend each Month?

2

Comments

  • Closed Accounts Posts: 21 BeachBum25


    I got about 3 sentences into the original post and fell asleep. I'm awake now... wondering what the heck this has to do with "After Hours"???


  • Closed Accounts Posts: 1,428 ✭✭✭sunnyside


    oldyouth wrote: »
    €4,200 per year for critical illness cover, are you mad? And how can you spend nearly €50 a day on food, regardless of the size of your family

    Agreed, OP needs to reduce food costs. A lot of things are missing off the OP's list, gas/oil, electricity, tv licence, holidays, christmas, hairdresser/beauty treatments/clothes. Do you have 4 teenage girls and a wife all getting their hair done at the hairdressers? Pocket money for the children. I'd say there are loads of places money is being spent that you haven't noticed.

    Grahamo999 wrote: »
    Enen the private colleges aint that much, like Griffith, DBS or ACD are about 4000 or 5000 a year, ten grand a year for college is insane money.

    The OP mentions 4 children, maybe the college fee covers education for the ones still in school too. More than one person in a Bruce college type place and the bills would be massive.


  • Registered Users, Registered Users 2 Posts: 21,271 ✭✭✭✭Eoin


    Your food bill seems expensive, and a weekly takeaway could be cut down easily?

    If you're self employed then you shouldn't be including all of the fuel bill in your family expenses. I think you can claim VAT back on diesel if it's for work, and if you could get away with using a commercial vehicle (provided your other car can take the whole family if needed) then your road tax will be cheap as well.

    If that €200 includes the kids' mobile phone bills, then tell them to go out and get a part time job or something. If it's part of the self employed expenses, then you really need to separate your work bills from your family bills.


  • Registered Users, Registered Users 2 Posts: 313 ✭✭auditek923


    myself working ,wife unemployed,5yr old son per month

    mortgage 1200
    car repayment 200
    car ins 35
    petrol 50
    credit union loan 400
    3 credit cards 125
    gas 75
    esb 100
    phones 70
    pub 30
    food 200
    weekly takeaways 100


  • Registered Users, Registered Users 2 Posts: 2,379 ✭✭✭toiletduck


    How much money do you spend per month?

    I'd tot up the figures except I'm afraid of knowing what percentage of my budget goes on booze and fags.

    Ignorance ftw.


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  • Closed Accounts Posts: 992 ✭✭✭Eglinton


    jor3000 wrote: »



    Mortgage – call it 1200 per month right now

    Total Monthly Spend averaged over the past 12 months = €11000

    Main Monthly Costs that I’m coming up with right now

    Mortgage – 1200
    Food – 1400
    Petrol – 500
    Health Insurance – 150
    Life Assurances – 300
    Critical Illness Cover – 350
    College Fees – 833 (10k per year)
    Phones – 200
    Sky – 75
    Weekly Take Away - 50


    I calculated the overall monthly spend as follows:
    Note exactly how much netIncomecomes into the bank accounts each month.
    Note the closing balance of every bank and credit card account on the last day of each month – this then becomes the opening balance for the 1st of the next month.
    By simply calculating how each account changed over the month and adding in the net income you can get an exact number on your monthly spend each month – and you only need to input 4 or 5 numbers to get to it.



    jo3000, your monthly costs are only totaling €5058. How are you getting 11K? If you're adding together the balance of your bank account at the end of each month then you are consistantly summing the same money over and over. Double/treble counting if you follow. Or perhaps I'm missing something here?


  • Closed Accounts Posts: 225 ✭✭trailerparkboy


    lets see:
    Food:120 per month
    Rent: 76 per month
    drink/pub: 500 per month
    Internet: 25 per month


  • Registered Users, Registered Users 2 Posts: 5,746 ✭✭✭veryangryman


    lets see:
    Food:120 per month
    Rent: 76 per month
    drink/pub: 500 per month
    Internet: 25 per month

    Assume your co-habiting with the rent part. Youd barely get a weeks rent in most places for that

    As for the alcohol... Wow. That gives me mixed emotions... Half of me thinks "Wahey you go" and the other half is reminded of what a waste of money the stuff is

    But so is Mortgage Interest so i think were even there Mack :pac:


  • Closed Accounts Posts: 14,949 ✭✭✭✭IvyTheTerrible


    A couple living together, he's a student,

    Food: 300
    Rent: 300
    Loan: 400
    Internet/TV/Phone: 30
    Electricity: 40
    Gas: 50
    Entertainment/Misc: 400

    Not too bad (but pay is much lower here than in ireland so I do have to be careful). Don't have to pay health insurance as that all comes out of my pay. Only bill I am worried about is water because it's metered and heavily charged, but you only get a bill once a year.


  • Closed Accounts Posts: 225 ✭✭trailerparkboy


    Assume your co-habiting with the rent part. Youd barely get a weeks rent in most places for that

    As for the alcohol... Wow. That gives me mixed emotions... Half of me thinks "Wahey you go" and the other half is reminded of what a waste of money the stuff is

    But so is Mortgage Interest so i think were even there Mack :pac:

    Oh im on the dole and get rent allowance so its not 2 bad, but its a real struggle sometimes espically if i have a flutter on the horses:D


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  • Registered Users, Registered Users 2 Posts: 252 ✭✭jaybee747


    Heres mine, Married,single income, 3 young kids.
    Per month:
    Mortgage 1100
    ESB 100
    NTL 25
    Eircom 55
    Mobiles(2) 60
    Cars(2) 390
    Diesel/petrol 280/200
    Personal loans/credit cards 800
    Food 500
    School bus 80
    Heating oil averages 100 a month

    I think thats it covered, i hope so, a little depressing when you stick it down in writing.

    Pay insurances life/motor/home yearly, car tax yearly.bins yearly


  • Closed Accounts Posts: 225 ✭✭trailerparkboy


    jaybee747 wrote: »
    Heres mine, Married,single income, 3 young kids.
    Per month:
    Mortgage 1100
    ESB 100
    NTL 25
    Eircom 55
    Mobiles(2) 60
    Cars(2) 390
    Diesel/petrol 280/200
    Personal loans/credit cards 800
    Food 500
    School bus 80
    Heating oil averages 100 a month

    I think thats it covered, i hope so, a little depressing when you stick it down in writing.

    Pay insurances life/motor/home yearly, car tax yearly.bins yearly

    Holy smokes man that a lot, u must me on at least 900 a week to afford all that.


  • Moderators, Science, Health & Environment Moderators Posts: 21,756 Mod ✭✭✭✭helimachoptor


    2 of us.. with the GFs sister and her boyfriend the odd night..

    950 Mortgage
    Car 400 (only 3 months of it left!)
    Raod tax 50
    Broadband 40
    Gas 35
    ESB 50
    Food 400 (at most)
    Petrol 125
    NTL 50
    Life assurance 35
    Both have company phones
    Both have life insurance with company

    We both keep about 4-500 casual money each per month and we save quite a bit too.


  • Registered Users, Registered Users 2 Posts: 2,062 ✭✭✭dlambirl


    A couple, one unemployed the other soon to be on 3 days a week...

    Mortgage: €700
    Car loan: €250
    Diesel: €150
    Phone: Mine - €20, OH's - €100
    Car Insurance: €115
    House Insurance: €30
    Medicines: €20
    Beauty Treatments: €20
    Food: €400
    Alcohol : €100
    Cigarettes: €200
    Bins: €10
    ESB: €100
    Heating (Oil and Solid Fuel): €150
    Sky: €25


  • Registered Users, Registered Users 2 Posts: 504 ✭✭✭Svalbard


    consultech wrote: »
    I think the fees in the University of Insufficient Leaving Cert points are about €10k per year.

    Wish my mommy and doddy paid my fees when I was in college; I'm an independent adult as a result though so all's well ...

    Or maybe she means the cost of keeping a child in college for a year (rent, books, fees, subsistence). I worked for 4 years during college, but I still needed my parents to help with expenses. I only wish I had it as tough as you, consultech, then perhaps I might be a well-rounded, happy person too. Oh wait....

    So......

    Single guy, no pets

    Rent 600
    Loan repayments 550
    Food 200
    Electricity 25
    Phone 55
    Union membership 55
    Car insurance 99
    Petrol 150

    No TV subscription or other bills (mwahahah!)

    1734 in expected expenditure.
    Lets say another 150 in unexpected expenditure (I'm not too flash with the cash, obviously)

    1884 per month.

    I should be saving quite a bit at that rate......might need to do my sums again.


  • Closed Accounts Posts: 1,821 ✭✭✭useful_contacts


    Rent 540
    Food 100 (we dont eat much it seems:)
    partners gym 60
    tv and internet 45

    all i can think of atm

    Oh and add in 10e a month for pet insurance
    and 200 a month on alcohol(for the 2 of us)


  • Closed Accounts Posts: 8 jor3000


    A huge thanks for all of the replies - I can see that I must have many areas where savings can be made - and the various lists provided by people point out where I can provide more details regarding bills etc. I'll dig out some more of the details over the coming weekend and see how close I can get to bridging the gap between the ~5k detail provided on the initial post and the 11k that's going out the door each month.


    .......... thought the post would get a fair response though - not many people really know how much is spent each month. Food for thought.

    Laughed a bit at the changing forums though --- felt like an itinerant there for a while!


  • Closed Accounts Posts: 153 ✭✭powerzjim


    Depends on the quality of prostitute available

    srsly though - about 900 euro total outgoing per month for just me and my cat & dog

    edit: OP you're spending alot on personal insurance, can those premiums not be consolidated?

    lol


  • Closed Accounts Posts: 603 ✭✭✭BeatNikDub


    Single girl, living with 2 friends

    Rent - 520
    Phone - 75
    Internet - 50
    General Bills - about 50 altogether per month (AA, bins, leccy, chorus and gas)
    Food - 300
    Car Loan - 140
    Credit card - 200
    Car Insurance - 75
    Doctors - 320 (minimum, can be anything up to 500)
    Prescriptions - 65

    And thats all before a few nights out, no wonder im left penniless every month! lol


  • Registered Users, Registered Users 2 Posts: 5,746 ✭✭✭veryangryman


    BeatNikDub wrote: »
    Single girl, living with 2 friends

    Phone - 75
    Hundred quid says your with Vodafone.

    God id struggle to use that amount of credit with my own operator even if i tried


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  • Closed Accounts Posts: 1,956 ✭✭✭consultech


    Svalbard wrote: »
    I only wish I had it as tough as you, consultech, then perhaps I might be a well-rounded, happy person too. Oh wait....

    Who said anything about not being happy? From my experience spoiled little UCD/Trinity doddy leeches are plenty happy, albeit ignorantly. I can fairly reliably infer that you attended one of the aforementioned institutions?


  • Registered Users, Registered Users 2 Posts: 504 ✭✭✭Svalbard


    consultech wrote: »
    Who said anything about not being happy? From my experience spoiled little UCD/Trinity doddy leeches are plenty happy, albeit ignorantly. I can fairly reliably infer that you attended one of the aforementioned institutions?

    I did not.

    I can fairly reliably infer that you wish you had.


  • Closed Accounts Posts: 1,956 ✭✭✭consultech


    Svalbard wrote: »
    I did not.

    I can fairly reliably infer that you wish you had.

    I attended UCD, at a time when my father was quite successful with his own multi-branch business. I paid for it myself (by choice), and some of the things I witnessed in the commerce/law faculties turned my stomach...

    ...Whether it be a 17 year old first year in her second week of driving wrap her 2 week old mini cooper around a lamp-post on Fosters ave; or the college miraculously accommodating the rescheduling of a girls exams to be sat in private because she was off to the South of France for 2 weeks during exam time with her revered alumni parents.

    Anyway, thread derail, Im sure you're a wonderfully rounded person, irrespective of parental handouts or otherwise.


  • Registered Users, Registered Users 2 Posts: 416 ✭✭Hamiltonion


    lets see:
    Food:120 per month
    Rent: 76 per month
    drink/pub: 500 per month
    Internet: 25 per month


    How can you drink E500 of taxpayers money a month? Another product of a corrupt, inefficient government and apathetic populace.

    Anyway, student budget, weekly

    Food 50
    Rent (bills inclusive) 130
    Transport 30
    Alcohol 15-50
    Cigarettes 24
    phone 5 (20 a month)
    Other costs 10


  • Closed Accounts Posts: 1,175 ✭✭✭Red_Marauder


    I don't pay rent, so for four weeks/ 1 month:

    food: 450 (and I'm single and not overweight:confused:)
    drinking: 600 (go out too often...)
    Mobile and broadband: 90
    ESB: 70
    Clothes: 300
    Diesel: 100
    That's 1,600 euro or therabouts per month, and really not seeing the benefits

    The rest gets blown on random stuff, no idea what. I havent checked my account balance since September last year when I started working, I have no idea how much (or little) money I have in there.:eek:


  • Registered Users, Registered Users 2 Posts: 504 ✭✭✭Svalbard


    consultech wrote: »
    I attended UCD, at a time when my father was quite successful with his own multi-branch business. I paid for it myself (by choice), and some of the things I witnessed in the commerce/law faculties turned my stomach...

    ...Whether it be a 17 year old first year in her second week of driving wrap her 2 week old mini cooper around a lamp-post on Fosters ave; or the college miraculously accommodating the rescheduling of a girls exams to be sat in private because she was off to the South of France for 2 weeks during exam time with her revered alumni parents.

    Anyway, thread derail, Im sure you're a wonderfully rounded person, irrespective of parental handouts or otherwise.

    Fair enough.

    Just to clarify - I'm better than the OP/her children because I was only partially reliant on my parents during college, however you are better than both of us as you were not reliant at all.

    It's a simple formula, I'm ashamed it took me this long to figure it out.


  • Registered Users, Registered Users 2 Posts: 8,620 ✭✭✭Graham_B18C


    Svalbard wrote: »
    Fair enough.

    Just to clarify - I'm better than the OP/her children because I was only partially reliant on my parents during college, however you are better than both of us as you were not reliant at all.

    It's a simple formula, I'm ashamed it took me this long to figure it out.

    But if you were partially reliant, that means you had a part time job to pay the rest, why did you need help?

    Like I'm not attacking or saying anyones better than anyone but if you were working part time, could you not look after yourself in college? I worked part time in Dunnes while at college, worked a good few hours and managed grand (and that included piss-ups!). If someone needs help from their parents, could they not just work extra hours?

    But the OP paying 10k is crazy, no college fees are that high and they said that the Student child still lives at home


  • Closed Accounts Posts: 458 ✭✭I_am_Jebus


    about €800 a month on drink (200 a weekend)

    and 200 on food... go figure... I dont consider mortgage or bills as part of my bills.. they are not essential... drink is,


  • Closed Accounts Posts: 10,367 ✭✭✭✭watna


    It's interesting to see what people spend their money on. I think it's a great idea to discuss although I know some people don't like discussing money.

    I've often wondered if we are better off financially in NZ so this is interesting to see. The wages here are shocking though, so have to bear that in mind.

    Joint Monthly Expenses - 2 Adults, 1 cat, no kids. One working, one a student with a scholarshop for living expenses and fees.

    Rent: $1200
    Telephone/Internet/Digital Tv: $170 (this also includes my mobile bill)
    Food and Petrol: $400
    Power (gas and electricity): $100


    Total: $1870 = that's about €900. We would only spend about $600 a month between us extra on entertaintment/other cash purchases etc. Joint income is about $4000 a month so guess we are a lot better off here - for the moment. I've always claimed we had more disposable income in Dublin but it appears I was wrong. We have money to spend and save a good bit here. It's just a pity the NZD isn't great against the euro.


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  • Registered Users, Registered Users 2 Posts: 11,264 ✭✭✭✭jester77


    I share a 3 room apt with my girlie.

    My fixed expenses for the month would be:

    Rent: €400 (includes heating, bins, cable and maintenance)
    Electricity: €11
    Gas: €8.15
    Water: €12
    Telephone/DSL: €20
    TV License: €9
    Mobile: €25
    Transport: €45
    Haircut: €43
    Food: €400-€500


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