Are we just really bad with money?
So following on from my rant about not being able to buy a house because we don't have savings I have been doing a whole lot of thinking/research on how to improve the finances.
There is a great website here in the UK called Entitled to which shows things like benefits you may be able to claim. This part of the site is not appropriate for us due to me being in a full time job and him already being on his disability benefits, there is nothing else for us to claim. But the site also has some other useful financial features, one of which is a budget tool.
It is quite straightforward, the main categories are all there for you and you just fill in the amounts. Things like rent/mortgage, council tax, utility bills are all there for you to fill in and you can add your own categories too under each of the main headings of 'finance', 'work expenses' 'household' there are probably more but I forget. At the end of it you put in your income and it gives you a total figure for what you should have left over, or how much in the red you are.
I have used the tool before and it said I had around £200 left a month which didn't seem quite right since I never have anything left over but I figured it was probably a rounding error I had made on each of the individual accounts that had mounted up to that figure or something similar. Todays total showed we should have just over £800 left over each month!!!
Now there is no way we have anything close to that left over, maybe some months we have £100 or so but certainly not £800 and not every month. So either I have missed some massive things off this calculator, or we are terrible with money! I already looked through my bank statements online and I don't see anything obvious that I have missed (all the bills come out of my bank account) so it looks like I now need to print them off and sit with a highlighter and mark off every one as I put it into the online calculator.
I highly doubt its even close to accurate, but imagine if it somehow is, imagine me sitting here moaning about being skint while all the time I should have hundreds of pounds left over that are clearly getting squandered somewhere - oh I am going to be so mad at us if that turns out to be the case!