Have you got more than a tenner left to spend at the end of the month?

tennerWe all know times are tight and have been for a while. But things are surely looking up- we’re on  the brink of a new housing bubble, the cost of shopping and heating is on the way up, so surely it can’t be long before wages follow suit…

New research released earlier this month from the Money Advice Service (or Ma as it likes to be known in particularly cringeworthy adverts) shows that one in eleven of us have just £10 a month spare after paying for essentials. That’s 4.5 million people in the UK. In Wales, it’s even worse, with one in six people claiming to only have enough for a Bargain Bucket left at the end of the month.

Across the UK, the average monthly disposable income was £224.50, with men having deeper pockets and an average disposable income of £272.50, compared with women with an average of £190.20 left to spend. Of the 2,149 people polled, one in four said they had less than £50 a month to spend after bills.

Unsurprisingly, young people reported having the least disposable income, with 18-24 year-olds averaging £174.20 disposable income, and one in three having less than £50 a month. In contrast, the wealthiest in terms of post-bills spending money are people over 65, with an average of £269.50 a month available to spend. That’s why they’re always on cruises.

The research also concluded that the amount of disposable income also varies depending on where people live. It is highest in London, at an average of £261, and the South East, at £244. People in the North East and Wales have the lowest disposable incomes, at £199 and £181 respectively.

Ma, as an independent advice service, would like to help people out and have produced a checklist of things you can do to help cover an unexpected bill- if margins on disposable income are as tight as they suggest, it’s no wonder that a reported 2 in 5 people would find an emergency £300 difficult to stump up. Unfortunately however, their first advice is that you have previously saved money. Out of your £10 a month…

So how much do you have left at the end of the month, and have you noticed the bite of cost-of-living increases?



  • Nikey H.
    I get paid £2,750 per month before tax. After tax, it's £2,350 After paying off bills, I save £1,000 a month.
  • C'mon k.
    I earn £2800 after tax a month My bills and food come to about £1000 I live in a 4 bed detached in the midlands No mortgage People waste too much money! I only pay cash, no credit.
  • BenefitsBod
    I get £1600 month from the social. They pay all my rent and council tax etc etc. but I've had to get some cash in hand to give me enough money to live on
  • Charley
    I get £1,583,333 a month, most of it benefits. Always struggle come the end of the month although have a few council houses so I don't get bored with the same view behind the TV every day. Just hope the Daily Malice don't find out about me, the bedroom tax would be a nightmare if they cottoned on. The whole family are claiming.
  • Captain.Cretin
    If you add together my income and my wifes, we get about the same as a Benefitsbod, but with none of the discounts. However we dont smoke, drink, or watch SKY, so we have a bit left over to save up for dental work. We could claim WTC but we are too damn proud.
  • Terry
    Proud, or stupid?

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