Love these budget videos - gives me a reminder to stop spending like crazy. With tax free childcare, we add in the full amount of the invoice then the gov put in 20% so after a while we end up with enough in there to pay a month without adding any from our current accounts.
Thank you for sharing again. Me and husband deal with money diffently but honestly its between u and ur husband how you share things up and as long as ur both happy with it. (Then that's ur choice).. love seeing how organised u are. It calms me lol. 😊
I have commented before about this. I have always earned more than my husband. Significantly more. But we have always split shared bills 50/50. Even with a 30k to 50k nzd (we are in nz) income difference, he paid 50% of the bills. How I compensate is to spend more on house furnishings (pre-kids), holidays and kids. I also occasionally pay for our house council rates on my own volition when I get salary bumps. I reckon it evens out really coz I do have remittance commitments to my home country (culture thing) which he does not have. He has never asked for anything money related from me and likewise I have never asked him. I think we have a silent contact of how we split shared stuff (money/ child care/ house chores/ fun activities). And this just works for us and our personalities and aligns with our values and perspective in life.
Could you do a video on sharing your subscribe and save items? It it works out cheaper it might be a good idea to share the items. In particular im interested in the tinted spf you use please! 😊
I think it’s a message that transcends income, even if you out £5 a month away you would have £60 to spend on your daughters birthday, if you out £3 a month away you could spend £36 to get her a gift. The smallest amount over a year can become something x
Wow I went to Tenerife a few years ago for a week and stayed in a nice hotel and paid around £350 for flights and accommodation, then probs around £200 spending money. Prices have increased.
Have you got critical illness insurance? We are so pleased we paid it each month as my husband was diagnosed with incurable cancer and we got a large lump sum which paid off the mortgage. You never know what life has in store for us x
Just realised that you earn as much as me and my partner combined 😂. We pay £ 1050 in rent for a 1 Bedroom flat. Im glad you have the means to save in so many different ways. I enjoy your budget videos, even though I wont be able to save in the same way. I do put away what i can 😊.
I earn slightly more than my husband so have put in a bit more to our joint costs but when on maternity leave he will pay bulk of the costs and will pay in more if I return to work part time. I guess this just works for us but every couple does what works for them.
Crying in American 😭 our bills are around 2-4x each line item for the same household size (and yes that is the total paid not just the amount on this screen). I’m a stay at home parent because our childcare cost would be $2500 for each month otherwise. It is interesting to see and compare the breakdown to our own though.
My parents didn’t set up a savings account in our names and I am so grateful they didn’t. They had money saved up in their own personal accounts. Anyones child could, have a disability where savings impact their care entitlement, mental incapacity and power of attorney issues , financial abuse from a partner. Lots of problems you can’t see in the future unfortunately.
Same and even if there isn't a particular issue I wouldn't want an 18 year old to suddenly have unfiltered access to a lot of money. You can try to advise them on how to spend sensibly but realistically if they won't to blow it all, it is legally theirs and you can't stop them. Even the nicest most sensible kid could lend money to a friend and never see a penny of it back
What a weird comment. Equally, you build up savings in your name on your kids behalf. You pay loads of needless tax, if you lose your job, you could end up not qualifying for benefits as you have too much money in the bank. I had a savings account at a very early age, which I was taken along to building society each month to deposit savings. This taught me how to save, and has served me well in life
I guess I was comparing it to my situation. On average petrol costs us about £70-80 a month. But that is just for local running. E.g. 12ish miles round trip to work and back 5days a week. Similar distance to go to the supermarket. 15-20miles round trip on a weekend to go to the cinema or some other activity a similar distance away. I don't think I could afford £200 a month on petrol.
Love these budget videos - gives me a reminder to stop spending like crazy. With tax free childcare, we add in the full amount of the invoice then the gov put in 20% so after a while we end up with enough in there to pay a month without adding any from our current accounts.
Thank you for sharing again. Me and husband deal with money diffently but honestly its between u and ur husband how you share things up and as long as ur both happy with it. (Then that's ur choice).. love seeing how organised u are. It calms me lol. 😊
I have commented before about this. I have always earned more than my husband. Significantly more. But we have always split shared bills 50/50. Even with a 30k to 50k nzd (we are in nz) income difference, he paid 50% of the bills.
How I compensate is to spend more on house furnishings (pre-kids), holidays and kids. I also occasionally pay for our house council rates on my own volition when I get salary bumps. I reckon it evens out really coz I do have remittance commitments to my home country (culture thing) which he does not have.
He has never asked for anything money related from me and likewise I have never asked him. I think we have a silent contact of how we split shared stuff (money/ child care/ house chores/ fun activities). And this just works for us and our personalities and aligns with our values and perspective in life.
We have also been putting $100 away each week for holidays- we are planning new zealand, cruise and Japan within a 5 year plan
Could you do a video on sharing your subscribe and save items?
It it works out cheaper it might be a good idea to share the items. In particular im interested in the tinted spf you use please! 😊
Sadly not relatable 😢 I can’t even buy my 2yr old girl any birthday presents 😢
I think it’s a message that transcends income, even if you out £5 a month away you would have £60 to spend on your daughters birthday, if you out £3 a month away you could spend £36 to get her a gift. The smallest amount over a year can become something x
Wow I went to Tenerife a few years ago for a week and stayed in a nice hotel and paid around £350 for flights and accommodation, then probs around £200 spending money. Prices have increased.
I notice you only have Spotify as a subscription, do you not use Netflix, Disney etc?
Completely unrelated to content, but what were you drinking in the intro? Looked like the weakest cup of tea I've ever seen 😂
Have you got critical illness insurance? We are so pleased we paid it each month as my husband was diagnosed with incurable cancer and we got a large lump sum which paid off the mortgage. You never know what life has in store for us x
Am going on holiday in December for 5 days really looking for it now think about get my own house 🏠 too and draving less too😂
Just realised that you earn as much as me and my partner combined 😂. We pay £ 1050 in rent for a 1 Bedroom flat. Im glad you have the means to save in so many different ways. I enjoy your budget videos, even though I wont be able to save in the same way. I do put away what i can 😊.
Were is your mobile bill ? I love these videos every month ❤
She mentioned before it’s a business expense so it will be in her business spreadsheet.
I earn slightly more than my husband so have put in a bit more to our joint costs but when on maternity leave he will pay bulk of the costs and will pay in more if I return to work part time. I guess this just works for us but every couple does what works for them.
Can you do a video on your stock and shares portfolio? And how much you have in it?
What about pension?
Crying in American 😭 our bills are around 2-4x each line item for the same household size (and yes that is the total paid not just the amount on this screen). I’m a stay at home parent because our childcare cost would be $2500 for each month otherwise. It is interesting to see and compare the breakdown to our own though.
I live in the UK and rent is £600 more than what she pays for a two bed flat!
You should move up North :)
Your bills are so incredibly low, where in the uk do you live? My mortgage is well over 2k and council tax is £285 pm 😮
Wow! That’s a lot, you must have a large mortgage and be in a band 1 home?
On monzo do you have different savings pots for birthday, download etc or just one pot. It may be a daft question apologies for being dim. x
My parents didn’t set up a savings account in our names and I am so grateful they didn’t. They had money saved up in their own personal accounts.
Anyones child could, have a disability where savings impact their care entitlement, mental incapacity and power of attorney issues , financial abuse from a partner.
Lots of problems you can’t see in the future unfortunately.
Same and even if there isn't a particular issue I wouldn't want an 18 year old to suddenly have unfiltered access to a lot of money. You can try to advise them on how to spend sensibly but realistically if they won't to blow it all, it is legally theirs and you can't stop them. Even the nicest most sensible kid could lend money to a friend and never see a penny of it back
What a weird comment.
Equally, you build up savings in your name on your kids behalf. You pay loads of needless tax, if you lose your job, you could end up not qualifying for benefits as you have too much money in the bank. I had a savings account at a very early age, which I was taken along to building society each month to deposit savings. This taught me how to save, and has served me well in life
Just wanted to make a slight correction as ive heard you say a few times. The tax free childcare is a 20% top up not 25%.
no, it's 25%, it says that for every £8 you put in gov will top up £2 which is 25%
£200 a month on petrol seems extortionate to me. You must do a fair amount of driving?
200 is not a lot!
I guess I was comparing it to my situation. On average petrol costs us about £70-80 a month. But that is just for local running. E.g. 12ish miles round trip to work and back 5days a week. Similar distance to go to the supermarket. 15-20miles round trip on a weekend to go to the cinema or some other activity a similar distance away.
I don't think I could afford £200 a month on petrol.