Our One Income Family Budget (November 2018)

October has hit us pretty hard what with payments to our solicitor and work needing to be done on our new house. Of course some of these expenses we had saved up for and so would be coming out of savings, but it still is a shock to the system when you see everything written down.

So here are our Real Figures.

Expenses

Mortgage: £1,210 – With a new bigger house, comes a new bigger mortgage.

Council Tax: £439
 – This figure is something we have to pay based on the size of the home we live in. We moved out last month but still have to pay the council tax on our old property as well as our new one at the moment. There are some households that are overpaying on their council tax so make sure, like we have, that you are in the correct bracket.

Water: £34
 – Our water bill comes out every month and has now increased slightly. Of course, this figure could go back down if we continue to use less water.

Gas/Electric: £129.06 – We are still paying electric on our old property and now at our new one we have a smart meter, which is new to us.

Logs/Coal: £9.98
– Our new house has 2 log/coal fires so are in the process of stocking up.

Internet/Phone: £14.44 – This year we have paid our phone bill in one lump sum which you can check out from the January’s expenses, and now we have a small monthly payment for the rest of the year for internet. The company we are using actually hiked up our bill without telling us so we have ended up with a refund for the increase.

Mobiles: £15
– Doug and I buy our phones outright and then pay a sim only monthly deal (no contract) with a certain amount of free data and minutes/messages. It is £7.50 each package from GiffGaff, but on occasions on the 31st of the month, Doug’s next month’s payment would come out as well meaning we paid twice for him. I had to start my package early because I had run out of data.

Credit Card (Includes Groceries and Petrol): £493.91 – It primarily includes groceries and petrol, but the odd payment from B & Q or Wickes can find itself on here. I must add that we pay this off in FULL every month.

Extra Groceries: £229.93 – Sometimes during the month we find ourselves having to nip out for some extra groceries that we may have run out of.

Preschool: £296 – Mabel gets 15 hours free childcare at preschool now but Martha attends 2 mornings a week which means we pay for her.

Eating/Drinking Out: £332.20 – We like to go out and socialise or have a family treat each month and the girls really love it. However, as you can see this figure is still high, primarily because of Doug’s new love, the pub, and he has a new buddy Nick. *Tut Tut*

Home Improvements: £224.62 – We are doing home improvements as we have moved house, so each month we might just have some costs while we get the house prepared for Winter.

Personal Money: £72 – Doug and I have an allowance each month so we have a little bit of freedom to buy some things we need or want for ourselves. Doug went a little over this month but hopefully, he can reign in it for the following months.

Events: £104.34 – When it comes to birthdays and events I try not to go over the top with buying costly items.

Roofer: £650 – The roof on our old house needed quite a few bits done to it that had been brought up in the survey from the buyer. We managed to get a really good roofer out to sort this very quickly.

Train Ticket: £55.20 – Doug has been leaving home later so he can see the children in the morning, which results in him having to get the tube.

Mum: £77.04 – My mum managed to get a lot of toys from Toys R Us just before it closed down and so I have bought them from her to give to the girls at Christmas.

Rugby: £70.75 – I have paid for Mabel to take another term of Rugbytots classes.

Car Tyres: £408 – We got all new tyres on our car.

Account Fee: £5 – This is our banks account fee that we pay every month, but like most things, we constantly look at other companies to see whether we are getting the best deal. 

Total: £4,870.47

This leaves us with -£2,435.02 when we take it away from what we had coming in from Doug’s Wage, Child Tax Credits and Extras. This means we have had to go into our savings which have been the plan when purchasing a new house.

See you again next month.

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