D
Dessie
Guest
Between my wife and I we take home €4650 per month with additional €200 childrens allowance for our one child.
Our expenses are as follows
Mortgage 1100
Life Ins 90 age and one a smoker.
House Ins 40
2 x Car Ins 60
Car Loan 325
House Bills 800 approx, includes child food, food and cleaning stuff.
ESB 75 approx
Phone 60 house phone
Mobiles 30
Cigs 200 one of us smokes, don’t say give them up.
Car Fuel x 2 350 driving to work and here and there.
Savings 400
Childminder 500 part time
Charity 50 2 third world charities over the years
Car Tax 50 I put this aside every month, large engine
Work Food x 2 150 basically a sandwich each every day
Lotto 32 dreaming, maybe I should accept reality!!
TV 25 basic sky
One offs 100 approx eg birthdays, large family, odd bits
Socialising 150 that is the 2 of us getting out for 1-2 nights a month!
Child things 50
CC 40 just a few hundred on it.
That leaves about 150, but after that we have things like TV licence, bin charges, heating, car servicing, saving for Xmas etc so that is easily consumed and it eats into almost half of our monthly savings.
Overall Savings figure is very small and that is a battle.
I do get a bonus but that cannot be relied upon and my health cover is paid for.
What pees me off is that ive worked very hard to get where I am, its an above average salary I have but yet I can only afford 1-2 quite nights out a month max and neither of us have bought clothes for over 6 months. That is unheard of for a woman especially but she has to.
No holiday either this year.
Ive always been cost conscious but my wife is not as much but she is making an effort. Since I got married and had a child, I feel I have no management of money whatsoever.
What is even a bigger worry is mortgages going up, we will def then not save any money.
Where are we going wrong?
Our expenses are as follows
Mortgage 1100
Life Ins 90 age and one a smoker.
House Ins 40
2 x Car Ins 60
Car Loan 325
House Bills 800 approx, includes child food, food and cleaning stuff.
ESB 75 approx
Phone 60 house phone
Mobiles 30
Cigs 200 one of us smokes, don’t say give them up.
Car Fuel x 2 350 driving to work and here and there.
Savings 400
Childminder 500 part time
Charity 50 2 third world charities over the years
Car Tax 50 I put this aside every month, large engine
Work Food x 2 150 basically a sandwich each every day
Lotto 32 dreaming, maybe I should accept reality!!
TV 25 basic sky
One offs 100 approx eg birthdays, large family, odd bits
Socialising 150 that is the 2 of us getting out for 1-2 nights a month!
Child things 50
CC 40 just a few hundred on it.
That leaves about 150, but after that we have things like TV licence, bin charges, heating, car servicing, saving for Xmas etc so that is easily consumed and it eats into almost half of our monthly savings.
Overall Savings figure is very small and that is a battle.
I do get a bonus but that cannot be relied upon and my health cover is paid for.
What pees me off is that ive worked very hard to get where I am, its an above average salary I have but yet I can only afford 1-2 quite nights out a month max and neither of us have bought clothes for over 6 months. That is unheard of for a woman especially but she has to.
No holiday either this year.
Ive always been cost conscious but my wife is not as much but she is making an effort. Since I got married and had a child, I feel I have no management of money whatsoever.
What is even a bigger worry is mortgages going up, we will def then not save any money.
Where are we going wrong?