Advice on outgoings
#1
Just Joined
Thread Starter
Joined: Apr 2018
Posts: 8
Advice on outgoings
Hi All
I am a new member and would like some advice if anyone can help.
My girlfriend and I are looking to retire to Spain in 12 months - 18 months time. We are looking around the the Costa Blanca area (not Benidorm or Torrevieja) we would like to ask what is the cost per month that you can live on. We will only have our pensions of £1000 month. Is this enough to live on after paying all the utility bills, (no mortgage or rent as we are buying a place)
We know that every household is different but could anyone give us a rough figure if possible.
Thank you
Greatbaldo
I am a new member and would like some advice if anyone can help.
My girlfriend and I are looking to retire to Spain in 12 months - 18 months time. We are looking around the the Costa Blanca area (not Benidorm or Torrevieja) we would like to ask what is the cost per month that you can live on. We will only have our pensions of £1000 month. Is this enough to live on after paying all the utility bills, (no mortgage or rent as we are buying a place)
We know that every household is different but could anyone give us a rough figure if possible.
Thank you
Greatbaldo
#2
Re: Advice on outgoings
Hi and a warm welcome to the Spanish forum on BE. Myself and Fred James are the moderators for the Spanish forums whilst myself and BEVS moderate Europe. Please read the Site Rules Site Rules | British Expatriate Community adhere to them so that the site runs smoothly. Moderators are there to ensure that the rules of BE are maintained. This is so that members gain the information that they are looking for and find their experiences on the forums to be friendly and worthwhile.
Problems and complaints should always be addressed to a moderator who will look into the matter and deal with it efficiently and fairly. Our members who post in the Spain Forums are usually friendly and helpful with a wealth of knowledge about the issues of living in Spain. I hope that you enjoy your time participating in the forums.
Please let me know if you need any further help.
Rosemary
Problems and complaints should always be addressed to a moderator who will look into the matter and deal with it efficiently and fairly. Our members who post in the Spain Forums are usually friendly and helpful with a wealth of knowledge about the issues of living in Spain. I hope that you enjoy your time participating in the forums.
Please let me know if you need any further help.
Rosemary
#3
Re: Advice on outgoings
Hi All
I am a new member and would like some advice if anyone can help.
My girlfriend and I are looking to retire to Spain in 12 months - 18 months time. We are looking around the the Costa Blanca area (not Benidorm or Torrevieja) we would like to ask what is the cost per month that you can live on. We will only have our pensions of £1000 month. Is this enough to live on after paying all the utility bills, (no mortgage or rent as we are buying a place)
We know that every household is different but could anyone give us a rough figure if possible.
Thank you
Greatbaldo
I am a new member and would like some advice if anyone can help.
My girlfriend and I are looking to retire to Spain in 12 months - 18 months time. We are looking around the the Costa Blanca area (not Benidorm or Torrevieja) we would like to ask what is the cost per month that you can live on. We will only have our pensions of £1000 month. Is this enough to live on after paying all the utility bills, (no mortgage or rent as we are buying a place)
We know that every household is different but could anyone give us a rough figure if possible.
Thank you
Greatbaldo
https://www.numbeo.com/cost-of-livin...United+Kingdom
#4
Re: Advice on outgoings
If you can live on 2X£1000 in UK then you ought to be able to have the same or slightly better in Spain.
As others have said many times do not rush to buy. Rent until you find the ideal location.
As others have said many times do not rush to buy. Rent until you find the ideal location.
#5
Just Joined
Thread Starter
Joined: Apr 2018
Posts: 8
Re: Advice on outgoings
Hi
Thank you for all the advice and help you have given.....
Thank you for all the advice and help you have given.....
#6
BE Enthusiast
Joined: Apr 2017
Posts: 878
Re: Advice on outgoings
If you have 2 x 1000 pounds sterling a month to live on,believe me you will be a lot better off than many others resident here.
#8
Just Joined
Thread Starter
Joined: Apr 2018
Posts: 8
Re: Advice on outgoings
Hi
I wrote it wrong and there is a misunderstanding (my fault)
We will have £1000 pounds a month in total between us , not each..
Does anyone know if that will be enough to live on ?????
Thank you
greatbaldo
I wrote it wrong and there is a misunderstanding (my fault)
We will have £1000 pounds a month in total between us , not each..
Does anyone know if that will be enough to live on ?????
Thank you
greatbaldo
#9
Lost in BE Cyberspace
Joined: Feb 2008
Posts: 5,625
Re: Advice on outgoings
How long is a piece of string? It is all down to lifestyle etc. Personally for two I would not consider it and I don't lead a lavish lifestyle by any means. Do you intend having a car, will you both be entitled to an S1 for health care, do you intend socializing much if so how often etc. Basically if you manage in the UK on that amount and plan the same lifestyle then it should be enough. If you struggle on that amount in UK and think you will have a better lifestyle for less in Spain I would think again. Certain things in Spain are cheaper others dearer without specifics budget the same in both places is my advice.
#10
Lost in BE Cyberspace
Joined: Nov 2012
Location: bute
Posts: 9,740
Re: Advice on outgoings
If you can escape from the obsession with owning a car, you CAN live on less. Personally I felt LIBERATED when I gave up my Model T !
#12
BE Enthusiast
Joined: Apr 2017
Posts: 878
Re: Advice on outgoings
Get rid of the car & pick somewhere to live that has transport links,as I did.Also I personally think I am ,as an older person, not as good on the roads now as much younger drivers.How many people do you know that "can't bear to be without their wheels" yet are unfit to really be in charge of a vehicle when they are elderly?
#13
Lost in BE Cyberspace
Joined: Feb 2008
Posts: 5,625
Re: Advice on outgoings
The OP neither said they would or wouldn't require a car. My point was if they do it makes a difference to their expenditure. Surely though whether one has a car or not is down to personal choice etc, as is where one chooses to live. It is just one part of the equation to consider when determining how much one can live on. Hence my comment "how long is a piece of string" only the person holding it can determine that� ����
#14
BE Forum Addict
Joined: Jul 2006
Location: london/gandia
Posts: 1,163
Re: Advice on outgoings
Hi Greatbaldo,
You say
"Is this enough to live on after paying all the utility bills"
Does that mean you know the cost of the utility bills?
Pity you ruled out Benidorm and Torrevieja. You may have had a prayer and more advice I guess.
You fail to give any info other than dosh needed but not as to area required, such as out in the sticks or city centre etc. Why?
You say
"Is this enough to live on after paying all the utility bills"
Does that mean you know the cost of the utility bills?
Pity you ruled out Benidorm and Torrevieja. You may have had a prayer and more advice I guess.
You fail to give any info other than dosh needed but not as to area required, such as out in the sticks or city centre etc. Why?
#15
Forum Regular
Joined: Mar 2018
Location: Gandia
Posts: 201
Re: Advice on outgoings
Hope that helps
1000Pounds is currently 1140Euros you also need to think about currency fluctuations. You can live here I am sure on €1100, many Spanish earn this or less and have kids and an old car etc. What happens if the value of the pound goes down? Could you still live on €850 or 900?
Last edited by Smithy73; Apr 20th 2018 at 1:17 pm.