REAL MONTHLY BUDGET OF A MUM: income, expenses + how I budget my money UK

My spreadsheet: www.etsy.com/u...
Videos mentioned:
Investing for the kids (Kid’s ISAs) - • Investing for my Kids ...
Chilcare in 2024 - • HOW TO WORK OUT CHILDC...
00:00 - intro
00:00 - 02:24
07:18 - outgoings
17:38 - savings
25:09 - only £2.75 left
27:48 - mono savings
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MY NEW CAMERA - amzn.to/3YbGLEH
MY LIGHTING - amzn.to/3ZqEbMc
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INSTAGRAM: / homewithshan
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[@beckybaker3998]

Morning, just stumbled on your channel and my goodness WHAT a refreshing video. Thank you ever so much, we do our bills so similar, it's nice to hear and see another family in the same boat......we are just normal working people x

[@andrewlee5237]

Thanks for your honesty around your finances. Too many KZbinrs who talk about their finances are not as open and their appears to be a serious lack of men who have these kind of channels. Just purchased your spreadsheet which I hope will help me to budget better, and yes at my age too I have always something to learn. Budgeting isn't just for the young as thousands of middle aged or older have plenty of debts and to ashamed to admit to it. 😄

[@user-bc3lo5yc4r]

Hi Shan thanks for these budget videos. Thanks to you i’ve now got a Monzo account for the saving pots and its really helping to manage my budget better x

[@emmasimpson4042]

Hi Shan! Love your account and you are a girl after my own heart with your budgeting spreadsheet. I too use one and it’s an absolute game changer! You also converted me to use Monzo, which I’m loving. Just a small thing, my TV licence is £13.25 per month in total, so you just need to update your 50/50 cost to £6.63 or thereabouts each. No big deal, but every little helps when you are left with £2.75 for the month 😘😂😅

[@bakerfamily285]

Love this! Thank you for being so open and honest about finances.

[@DianaNagy23]

Hi Shan, I really like the budget spreadsheet. I think it is very helpful to keep track of expenses. I find most of your videos relatable, however the monthly budget ones not so much for me, haha. Probably because at the moment I am a mum on maternity leave only as a form of income, so a monthly income as yours is not something achievable by most mums on maternity I don’t think. I hope you understand where I am coming from, don’t want to put you down or anything, good for you that you can make a significant amount of money from KZbin and afford to take a year off work and do everything you do! I do want to say that your childcare costs video helped me understand a lot, and I loooove your day routines videos and everything else you post. You have 2 beautiful kids and you seem a genuinely nice person! I guess I want to raise awareness on the fact that are loads of families out there that are struggling (I am not included, thankfully), that won’t have money for Christmas gifts, maybe not even basic stuff like food, nappies, formula etc., not to mention outings, or any other luxuries. So the ones that do, we can consider ourselves lucky and thankful, and maybe find a way to give back to others, if we can. That’s all, I really enjoy your channel and looking forward to your next video.

[@THL1996x]

These sorts of comments are unfair- Shan has already said she knows how lucky she is, nothing in this video screams out of touch at all.... the only option would be not to share anything? If you don't want to watch, don't, but at the end of the day why criticise someone over the fact she built a successful business which has enabled her this lifestyle (entirely through her own hard work). Good for you Shan!!

[@DianaNagy23]

@ that’s exactly what I said, good for her that she can do all she does! You might want to read my comment again! We all all entitled to our own opinions regarding to what we find relatable, or not as relatable, aren’t we? Looking forward to her next video ❤️

[@DianaNagy23]

@ Also, just to clarify, I am sure Shan is a very round headed person and understands that no one can create content that resonates 💯 with all subscribers, because we all all different in terms of personal circumstances and many other factors, too many to list! Sorry for stating such an obvious remark. That doesn’t mean her work is not appreciated, or that she needs to hide anything, or change anything she does. Hope this helps you understand my perspective :)

[@maliamalis6389]

She knows this and has mentioned this countless times, these type of useless comments show you think she’s dumb and doesn’t know this. Just don’t watch them if u feel like this line this isn’t her first video of it, we are literally at the end of the year

[@chloegould1482]

@@DianaNagy23maybe you should of saved up to top up your maternity each month? Comments like these are so pointless- go back and look at her budgeting videos whilst on MAT leave

[@kerrihayes3988]

Love this I have the same but don’t do the day to day spending but think I’m going to add that as I always seem to spend and never know where it’s gone xx

[@snapdragon2441]

Hiya, I do very similar. Once I get paid an amount goes into my bills account automatically, then some into sinking funds and some into savings. The rest stays in my current account for daily living inc food, petrol, toiletries etc. it’s a good routine.

[@leirem0]

Hi Shan - on the water bill front, check your loos - our toilet had a slow trickle from the cistern into the bowl which we thought nothing of and we ran up a £600 water bill! Thankfully our water company wrote it off which was good of them

[@C_Ariss]

Thank you for sharing. Its so nice to see a family budgeting in a similar way. We set 100 a month for food too and it is tough, we actually regularly go over now

[@MaureenFinn-r7e]

£100 a month ? do you mean a week ?

[@C_Ariss]

@MaureenFinn-r7e oops yes I mean a week!

[@laurenbennett1172]

Your child benefit gives you years towards your eligibility for state pension too 👏🏽👏🏽👏🏽

[@DanielHilton-p6e]

Hi, single parent here. I appreciate the video. Some good ideas to implement myself! Why is your budget seperate from your husbands though? It changes the whole perspective if two of you earn 30k each.

[@booksandbargains]

This is the position I have been guilty of getting myself in at times, going oh i end up with lots of spare money a month so ill subscribe to x, y and z ... but then down the line it just makes me feel trapped so I am trying to instead use pots and then only book holidays etc when i have the money there rather than direct debits even if they are interest free :)

[@nicollebegbie]

If you're claiming Child Benefit for children under 12 this works towards to your National Insurance contributions. Only if it's in your name and not partners name. So important parents know this especially when one takes time off for young children and this is mainly women.

[@anniz9148]

How can you check this??

[@nicollebegbie]

​@@anniz9148 if you're in the UK should happen automatically for the parent claiming. You can check by going to Check your State Pension forecast on the government website.

[@HomeWithShan]

I actually didn’t know this! Thank you xx

[@daisybashton]

Yes I believe this is the case but only if you are not working or don't earn enough to pay NI contributions- so if you are a SAHM for example. It's also important you claim child benefit on mat leave even if you or your partner earn over the threshold to actually recieve the money (you can tick a box so you dont receive it so you dont have to pay back in your tax return) so that you still get your NI credits while on may leave. On top of state pension contributions are you going to top up your contributions to your civil service pension while you are off or are you considering a SIPP? Suspect the later is less beneficial as civil service pension may be index linked?

[@lilt3937]

Thank you for sharing, some useful bits as usual. Food is painful to pay for 😬! I find the Christmas activities situation so stressful. No shame if u can afford to take a trip to santa for the day. But its so hard to find a santa visit that's not dropping £100 + breackfast with santa/full day activities with santa. Luckily my local museum are doing it for £7 a child (I have 3) . U get a story some crafts and see santa and a gift. Look forward to ur Christmas budget.

[@pixie0809]

Loved the vlog. Refreshing to see a normal realistic budget. Would it help to do a running cost style for the each of the holidays or download. It might help subconsciously

[@experiencetransformation111]

Thanks again Shan. Your finance vids were how I found your channel in the first place, super helpful for a budgeting structure. Personally and from what I can see in other comments food prices seem to have really hiked up lately, I'm at almost double what I was paying 2 years ago with no family changes. Just wondering with regards to your food budget, does that include the Hello Fresh that you use as when I've checked this would cost around £50 for the week for 5 meals? Thanks, Mari x

[@Frances73756]

Hi Shan, which pot does the Magnesium and multivitamins come out of? We also you mighty kids and they are hell’a expensive 😅. Love the budget videos, really is making me think more about how much money I waste!

[@spuddy100able]

I do 150quid for 10 days per shop now and that seems to go a bit further and means bill is 450 per month which isnt tooooo much more than my original 400 budget 😬 obvs diesnt include any eating out

[@SammyNdlovu1212]

What are the benefits of separating finances with partner?

[@maliamalis6389]

Love these videos

[@TheXdarkfairy]

I love your budgeting videos ❤

[@fred5528]

Let me quickly say this here: Let me tell you what nobody is going to tell you. Building wealth has never been a one person’s job especially if you are just starting. One of the best choices you can make for your life at this point is to be able to get someone who believes in your growth and will be willing to help you grow. You can make a big change before Christmas and have the celebration you have been wishing for. Big thanks to Larysa Caba. I will always be grateful for everything you did.

[@jasperflontes4289]

I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have,making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Larysa Caba. I now make huge profits by weekly through her services while still learning to stand on my own.

[@militaryorderly5386]

I think she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.

[@dominicleong4385]

I have never seen a trader as open and transparent as Larysa Caba with her clients. The way she decides to make a profit for her clients. she allows you to express your fears and she still rests your fears and that is my respect. I don't normally comment on videos, but this word should be included. she is really cool.

[@bigelbow4854]

I just looked up her name online. she is licensed with credible certificates and has an amazing track record. Thank you for the message.

[@annddyyy-6920]

I will like to knw mre

[@katiegowland1108]

I would love recommendations of your Amazon subscribe and save must haves! X

[@HomeWithShan]

Oooh I can deffo share everything I get in a future vid ❤

[@abismith5998]

I love your videos! Do you have to set aside for pets? Our two dogs cost us £100 or more a month on food and insurance x

[@chloegould1482]

@@abismith5998 as per a previous video - her husband pays for the dog expenses I believe

[@cathie1022]

This video panicked me! You and your husband earn a good bit more than me but that is close to the wire, and I can’t help but worry some of it’s unrealistic - like where is the money for the top up shops etc? If I were you I would quit the Japan saving until next years holidays were over, then you could start funnelling £150 a month in to make it up. It unsustainable to only have so little left. Good luck!!!

[@HomeWithShan]

I totally get this! Obviously this is very close to the wire this month and as I say in the video, that’s on me for committing to too much!! We rarely do top up shops, but if we need to, then whoever has money in their current account (usually my husband) would do that. I’m a “make do with what we have” kinda girl when it comes to food haha!

[@mcsunga8137]

I wouldnt worry too much :) I get why people sometimes make their budgets tighter in some areas than most would. I believe she just wants to prioritise things she values more at this stage in her life. It is more sensible to skip japan for now as it is very very far away and allocate it towards the food shop. But it may turn out that allocating it there reinforces more spending instead of being strict with the original 200. Personally if I give myself a bit of wiggle room with my budget than what was previously intended, I max it out to the new upper limit and justify that the budget says so haha.

[@FionaUnderhill]

Id love to know how u get ur weekly shop to 100, mine is always over x

[@spuddy100able]

I have a question... If all your pots in Monzo were in the same pot would you get back more interest or is it the same lol .. I CBA to do the maths

[@nikkibott3878]

It’s the same as you get a % of the pot and whether that is split or in one it works out the same

[@Tiredmum]

If CB is in your name and your child is under 12 it'll pay your national insurance stamp towards your state pension.

[@rabinakausar4346]

What do you do as work?

[@emmao8477]

If you're claiming child benefit, each year you claim you get a year towards your state pension.

[@tjw6572]

Hey Shan, can I ask what isa you use for your children? X

[@HomeWithShan]

Hargreaves Lansdown 🥰

[@TamaraHarrison-v1f]

Kids are expensive 😂 and as a mum of 4 once they hit 4+ they get even more expensive 😂😫

[@HomeWithShan]

They really are!! The clubs, toys, activities, holidays, clothes… 🫠

[@nicolepilgrim3142]

Thrift the clothes and toys

[@TamaraHarrison-v1f]

I use free sites , charity shops etc but still clubs , clothes still adds up xxx

[@Ka-gz3ry]

Is your income monthly just from you tube ?

[@SarahCast-d3s]

Does that include your partners income?

[@maliamalis6389]

No

[@katie8578]

You didnt budget for your hair this month but didnt you literally get it done on the 1st of November?

[@HomeWithShan]

I got it done in October and only posted the reel a couple of days ago. It came out of last months budget 👍🏼

[@Mel-bo4dl]

Hi just come across your channel love it but pls could you try and talk a bit slower you talk soooooo fast my head is scrambled 😂

[@katie8578]

Why is the childcare money only coming out of your account and not split 50/50?

[@HomeWithShan]

It is 50/50. It comes out of our joint account.

[@TheoEsquire]

Council tax £83? Wheres that?

[@chloegould1482]

@@TheoEsquire nope that’s only half

[@leahmcdermott4189]

It’s only half, sheesh it’s like people don’t actually watch the video

[@tania-conceicao1tania945]

Hello darling. If possible send me example?

[@jessitee84]

I don't understand how you can call this a 'real' monthly budget with £2.75 left when your partners income isn't included.

[@chloegould1482]

It’s her side of it - they split bills 50/50

[@leahmcdermott4189]

This doesn’t even make any sense. They split bills 50/50, it’s not a combined income, it makes perfect sense.

[@jessitee84]

@@leahmcdermott4189 Yeah but it changes the whole perspective of the video. She has already said that if they need a top up shop it comes out of her partners income because he has some left. You can't say you're budgeting down to the wire when her partner clearly has money left and can bail them out/treat them separately, its misleading.

[@chloegould1482]

@@jessitee84 no it actually makes perfect sense as Shan has said her partner doesn’t budget the same way she does

[@jessitee84]

@@chloegould1482 ":O :O :O £2.75 left" is a bit click baity and misleading when her partner might have hundreds available tho right? Her £2.75 left is not the same as a lot of other peoples £2.75 left at all. But go on, call her honest all yous want lol

[@Andyhiggins-f5o]

I'm favoured financially with Bitcoin ETFs, Thank you buddy. $43,700 biweekly profit regardless of how bad it gets on the economy!!!...

[@WillJohnsonz]

Huge! been trying to trade on my own for a while now but it isn’t going well. Few weeks ago I lost about $7,000 in a particular trade. Can you at least advise me on what to do?

[@Andyhiggins-f5o]

Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency, stocks, through the assistance of my discretionary fund manager,

[@Andyhiggins-f5o]

Mr Alex brucemacias

[@jamesjovil2122]

Such a genuine personality!! He is really a good investment advisor. I was privileged to attend some of his seminars.

[@WillJohnsonz]

wow that's very nice Please how can i be able to reach out to your broker, my income stream is in a mess.please