how do you manage with the practicalities?

B

brownbean1

Well-known member
Joined
Jul 15, 2011
Messages
92
Location
West Midlands
#1
How do u manage your budgets?
washing and hygiene
Laundry
Socialising?

they all cost money :-(
 
F

firemonkee57

Well-known member
Joined
Mar 23, 2009
Messages
8,215
#2
Washing and hygiene-erratically
Laundry-ok
Socialising- non existent
 
maxitab

maxitab

Well-known member
Joined
Sep 18, 2010
Messages
10,392
Location
In Devon
#3
Not sure of your circumstances brownbean, but benefits pretty much cover mine.......do you get DLA?
 
R

ramboghettouk

Well-known member
Founding Member
Joined
Jan 7, 2008
Messages
14,913
Location
london
#4
To have any socialising you have to spend money that is given by the goverment to cover basic physical needs or exagerate your illness efect on you and worry whenever some person is in the media accused of fraud

Then theres all these rumours of reassessment, as it is what little savings are slowly droppping
 
Biker

Biker

Active member
Joined
Aug 1, 2011
Messages
32
#5
I maximise my income, by making sure that I claim all the benefits to which I am legally entitled, and am aware what rules and restrictions apply in regards to other income, casual work etc.

Then I worked out a budget, I sat down and worked out to the last penny exactly what my monthly income was. Then I worked out what all of my monthly outgoings were. I got rid of all, but one, credit card - on which I have a zero balance for emergencies, then I tried to cut down all uneccesary expenses, so I got rid of sky+, stopped going to martial arts, stopped buying fizzy drinks and takeaways. Then worked out a weekly budget, I get the same amount out in cash every Monday morning.

I have a series of jars on a shelf, my motorbikes petrol, my wifes motorbike petrol, housekeeping, and leisure. I have two savings accounts, one is a general savings account into which I put £20 a week, it's actually a credit union, this is for emergency use only. The second account is to cover the running costs of the motorbikes, tax, insurance, servicing etc. I worked out that £20 a week needs to go into that.

There is a small surplus each month which provides wiggle room. We then try to really shop around for a groceries and stretch the budget and bank the rest.

That's how I budget anyway. To me cash is king, and credit is bad. Credit does have a place, at times, but we don't have any right now and don't want any.