Monday 25 March 2013

Financial Advice

Today i had a visit from a financial advisor regarding our mortgage.He had to do an expenditure sheet.So we went through all my monthly payments
He asked how much all my utilities were and he asked how much my grocery spend was including all toiletries.
I said i budget for £ 280 a month but normally come in under that ( 3 adults)
He told me i must of got it wrong,Why i asked,i know how much i spend.
He then told me that the national average for 3 adults is £ 600 a month.

To say i was shocked was an understatement.

9 comments:

  1. I was listening to someone from a debt counselling agency and they said they allow £40 a week for food for each adult.
    As I said to my OH, if I spent £80 a week on our food, we would NEED a debt counselling agency!!

    ReplyDelete
  2. Wow - you are doing brilliantly if you can keep the household bills that low! I think you should write a book. Jx

    ReplyDelete
  3. People keep telling me that. But would anybody buy it??

    ReplyDelete
  4. Brilliant, obviously those other families are wrong. Cheers!

    ReplyDelete
  5. And they probably eat lots of junk too! Good for you :)

    ReplyDelete
  6. Well done - keep up the good work.

    ReplyDelete
  7. Makes you wonder where they get these 'average' figures from doesn't it - like you I manage on £280 per month for 3 adults easily - no wonder you were shocked xx

    ReplyDelete
  8. Gosh thats a huge amount to spend on food! It does make you wonder doesn't it?

    X x

    ReplyDelete
  9. Good for you nto, it can be done we spend a similar amount for 5 of us , it's time consuming though shopping around, checking all prices and cooking carefully/ in bulk/ from scratch.

    ReplyDelete