@iainjgeddes: Replying to @cameron Here’s the expenses for the joint £93K household income video I did 👆 #costofliving #inflation #ukmoney

Iain’s Money Insights 💷
Iain’s Money Insights 💷
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Region: GB
Monday 18 November 2024 12:23:06 GMT
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alexfrearson3
Alex frearson :
100 percent overspent on thier house
2024-11-18 13:38:05
40
sair4321
Sarah 🏴󠁧󠁢󠁷󠁬󠁳󠁿 :
2k on a mortgage 😳 my mortgage is £300pm
2024-11-18 16:20:04
3
h0pel
Hope 🍿🎬📼 :
Stay at home….. work part time when other half comes in
2024-11-18 14:07:17
5
darrenvincent3
Rebellion012 🇬🇧 :
On 93k their take home would be £5311.95 a month. expenses add to £4650. they have over £600 available spare not £200
2024-11-18 18:36:22
2
weebeeaway
Weeebee :
I live up north. Currently we pay £450 on our mortgage, however if we move to a slightly bigger house it shoots up to £1200. I can't even imagine what people are paying down south 😭
2024-11-18 18:03:13
10
louise_likes
louise_likes :
On £93K They must take home around £6,000 a month after tax and National insurance. He shows they have £4,000 in outgoings.. so that should leave them with £2000 leftover 🧐 the math ain’t mathin
2024-11-18 18:57:06
11
its_lady_v
Vick :
I have a slightly higher income and it’s getting tight. Single income so pay more tax, but it was extremely comfortable with ability to save a lot until the last 18 months. Everything has doubled.
2024-11-18 17:12:22
9
mrswinchester78
mrswinchester78 :
We had to get shared ownership and pay £1400 a month, childcare is expensive if you don’t get universal credit, this is a normal working persons expenses
2024-11-18 13:47:36
19
l.ay.ynn.e_nel.eh
laayynne.neleh :
I bring home around £2000 net. I pay £560 mortgage, £120 council tax, £200 food/household, £270 car/fuel, about £300 utilities/internet/phone/TV). Wouldn’t dream of having kids - where’s the money?
2024-11-19 07:09:02
3
welshcommsgirl
Welshcommsgirl :
OK if we say they also have student loan and they bring home 5k a month then they still have a couple.of hundred left for saving or frivolity.
2024-11-18 17:24:32
2
joc772
Josee :
Why is my council tax £55 more 😳in a small terrace…
2024-11-18 18:15:19
1
emfml
Ez :
sorry but at 93k a year, they are still overspending on something 😂 they can easily cover these bills
2024-11-18 16:56:13
3
theamyswift
theamyswift :
In London you’re not getting a 2 bed for under £500k…I totally get it
2024-11-18 20:52:56
13
coldo67
Colin Carruthers :
so as expected. over reached on the housing.
2024-11-18 18:53:29
4
mini_toe_beans
Anguiser :
My mortgage is £3k and I live on my own 😂
2024-11-18 19:57:58
2
clairethewealth
Claire the wealth :
I posted on the other thread but I’d try to negotiate those costs and ask for flexible working to bring this down as there is little point working with those childcare costs
2024-11-18 13:30:56
1
esposa78
Esposa :
I'm so glad we live up North so our mortgage is nowhere near that.
2024-11-18 23:23:01
2
olivialivliv5
Olivia :
My worst fear is to be tied into a HUGE mortgage and barely living
2024-11-18 14:02:03
6
nicollehannah
Nicolle Hannah :
We get around that figure and we save 2000ish a month.
2024-11-20 09:33:33
2
laurennnn_vv
laurennnv :
For those saying their house is an overspend. I have a 2 bed semi in the south and our mortgage is over £1,500 a month. Why are people unaware of property prices 😂
2024-11-18 21:32:46
16
griggers30
Griggers :
everything nearly doubled in a couple of years, food, bills, utilities, petrol etc on top of people’s mortgages its literally working to exist now for most people. Shareholders reaping the benefits!
2024-11-18 18:08:30
1
hiab_princess
Hiab princess :
Yup totally get this! Our mortgage is slightly lower but the rest of our costs are similar and we only live in a house that’s in line with the national average house price
2024-11-19 10:53:49
1
tony71458
tony :
the mortgage and childcare are extortionate
2024-11-20 08:48:47
3
belfast.lass
linds 🐶🪢🧵 :
my childcare was 1k for just 1 kid in belfast.. there's 4 years between them couldn't afford both to be in childcare. 1.3k isn't much
2024-11-18 17:02:32
1
nathaliehowlett1
Nat's :
Also mentioned in comments they are In London hence travel expenses and possibly higher childcare costs x
2024-11-18 20:31:26
2
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