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Old Jun 9th, 2012, 17:09 PM   1
Baby_Dust
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SAHM: how much money can we really survive on


I'm sooo desperate to but a stay at home mum. We both have average incomes and would probably struggle on just one but realistically afTer bills rent/mortgage how much do yOu think you need to live on?



 
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Old Jun 9th, 2012, 17:13 PM   2
disney doll
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i don't know.. but we were looking at our finances today and as much as i would love to stay at home there is no way we can afford it



 
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Old Jun 9th, 2012, 17:14 PM   3
AngelUK
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I don't pay rent as I own my flat (I paid off the mortgage too) and I am not penny pinching or on a budget, even though OH has currently no income. We have ca 1800 a month and not usually anything left over at the end. Dunno if that is any help?



 
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Old Jun 9th, 2012, 17:25 PM   4
rhdr9193..x
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In total 980 goes on rent and bills a month. Plus another 250 on food and the car etc. my OH pays all the rent and bills, and I pay the car, food and baby stuff out of my 250 a month bursary. We do have money left over but with OH being self employed it is hit and miss how much is spare x



 
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Old Jun 9th, 2012, 17:35 PM   5
MrsPMP
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We have survived on 25,000 a year the past year, so like 1500 a month, in a cheap[not bad] flat, no car and a strict budget.
Thankfully Hubby just got a payrise! be living on 2000 a month now. Still not enough for a car yet tho..saving up!
Budget's tight, no holidays, no savings right now, no debt either luckily and it's worth it to us.



 
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Old Jun 9th, 2012, 17:52 PM   6
babyfenway
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Me and my ex have split up, but if we were still together we would of had about 3k a month to live on- and with the move to London that would be nothing (especially with my shoe fetish )

I could pay the rent bills and feed us and cover childcare if i went back part time but i like to have more money to spend on myself and LO. Call me shallow or whatever but im not one to scrimp. I want my LO to have nice things- if i didnt, we would cope on about 1500 a month living here, but in London probably considerally more.

Really depends on what you like spending your money on/ where you live i guess



 
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Old Jun 10th, 2012, 02:34 AM   7
lozzy21
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We couldent cope on just OH's wage. His wage covers the bills and my part time wage pays for the food shop and day to day spends. We earn about 21k between us.



 
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Old Jun 10th, 2012, 02:42 AM   8
lovelylaura
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we couldnt cope on just OHs wage we had to go into debt a little so i could have the last 3 months off work. all our bills are 1200 a month oh gets 1500 but then we have to pay food petrol and general stuff with whats left so if we had any unexpected bills we would be buggered. so once ive had this baby after mat pay has finished ill get an evening job / sunday job just to top up spending money.is that not spomething you could do? x



 
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Old Jun 10th, 2012, 03:53 AM   9
maysiemoo
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have a look on moneysavingexpert website. Go on the forums there are lots of ways to save money and manage a tight budget,get out of any debt etc,up your income. I find my grabit bargains and usually buy the majority of Christmas and birthday presents that way thoughtout the year so no big surprise bills. I enter competitions other users have posted on there. My best win was a spa break overnight for me and a friend at the malvern spa. It was so good i took my husband back for a repeat vist (through a late bargain deal online off course).



 
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Old Jun 10th, 2012, 04:42 AM   10
Kato2
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We spend 2500 on mortgage, bills and food. We have separate accounts for each of our cars and disposable cash. We contribute 50/50 and we couldn't manage on OH's wage alone but I would love to be a stay at home mum. After mortgage, bills and food I can live on around 600 per month (tight but do able)



 
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