Cost of Living for Family of 3 in UK (NHS Doctor Salary) | Realistic Monthly Expenses in 2024

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  • Опубліковано 19 тра 2024
  • Ever wondered if an NHS salary can support a family in the UK? We're putting the "realistic" in reality check! In this video, we're a family of three (two working adults, one kid) with me as an NHS doctor, pulling back the curtain on our exact monthly expenses. From groceries to gas , we'll show you what it truly costs to live comfortably in the UK. Buckle up, and get ready for some budgeting hacks and honest numbers!
    *Considering a move to the UK?* This video provides valuable insights to help you plan your budget.
    *Here's what you'll find in this video:*
    * Breakdown of our income (including salary, side hustle)
    * Detailed expense categories (housing, bills, groceries, transportation, childcare, etc.) with costs
    * Money-saving tips (switching insurance providers, HelloFresh discounts, etc.)
    * Resources for further research (MoneySavingExpert, MoneySuperMarket)
    *Total Monthly Expenses: £6743*
    *Monthly Surplus: £466.80*
    *Like this video?* Give it a thumbs up and subscribe for more! Share your thoughts in the comments below and check out the description box for referral links and additional resources.
    Related Links: (Some of them are affiliate links. If you make a purchase using these links , I might receive a commission from the company without you paying anything extra.)
    1. Hellofresh Subscription: www.hellofresh.co.uk/pages/re...
    2. Amazon Prime 30 days free trial: www.amazon.co.uk/tryprimefree?...
    3. Octopus Energy (Get £50 when you sign up to Octopus energy): share.octopus.energy/pure-woo...
    4. Lebara SIM cards: lebara-mobile.pxf.io/3PGyJv
    5. Money Transfer to India: Wise: wise.prf.hn/l/pR3awpk
    6. Remitly- remitly.tod8mp.net/AWWoyj
    7. Moneysupermarket: www.moneysupermarket.com/refe...
    8. Book 1:1 Session with me: medsolutionuk.com/
    9. Email: sumanpaul86@outlook.com
    10.Sign up to InvestEngine here: investengine.pxf.io/NKAZjv
    **#UKCostofLiving #FamilyLife #budgetinguk **#indiandoctor #indianinuk

КОМЕНТАРІ • 22

  • @dipankarchowdhury6368
    @dipankarchowdhury6368 Місяць тому

    Thank you

  • @SamJenkinsStephenson
    @SamJenkinsStephenson Місяць тому +1

    Hi Suman, Is it possible to use Tax Free child care benefits for people in tier 2 visa with annual income above 1 lakh gross income of family?

  • @gursimransingh7248
    @gursimransingh7248 Місяць тому

    wow .. well explained . Where do you currently work ? which post ?

    • @SumanPaulDoc
      @SumanPaulDoc  Місяць тому +2

      Currently in a career break after CCT. Will start work as a consultant tomorrow

  • @BennyShukla
    @BennyShukla Місяць тому

    You said you regular saving a/c pays 7% interest, which bank is this?

  • @ssshammi
    @ssshammi Місяць тому

    Hi which year did you buy mortgage at 2.10 percent? I bought for 5% mortgage

    • @SumanPaulDoc
      @SumanPaulDoc  Місяць тому +1

      2019

    • @ssshammi
      @ssshammi Місяць тому +1

      @@SumanPaulDoc ok so in 2025 I'll be paying close to 7.25%

    • @SumanPaulDoc
      @SumanPaulDoc  Місяць тому

      Rates will go down in 2025

  • @DrRipple1729
    @DrRipple1729 Місяць тому

    Hello sir...sir I'm currently pursuing MD respiratory medicine in INDIA...but want to know what all possibilities in fellowships or courses i can have outside INDIA that can be completed in 1-2 years so that i can come back to India and practice here based on resp med MD and the course that I will be doing outside the country..please tell me all the ways I can have (US UK Australia etc) after this MD degree here ..please brief in 3 to 4 lines sir..with pros and cons if possible 🙏and what should I be completing here within this 3yrs so that I can go out there smoothly..like what to do for what respective course or for respective country..please enlighten me sir..

    • @SumanPaulDoc
      @SumanPaulDoc  Місяць тому

      My experience of European fellowship: ua-cam.com/users/liveOcC6zmxwkBk?feature=share
      Please book a 1:1 session to discuss further: medsolutionuk.com/services

  • @JahnaviPillela
    @JahnaviPillela Місяць тому

    Sir can i write mrcp by doing md microbiology

  • @medicallyyours2668
    @medicallyyours2668 Місяць тому

    Dr. Suman I recently passed my MRCS Part-A and would like to start my CT1 at UK. I have cleared this exam just after completion of my MBBS kindly guide me through the process

    • @SumanPaulDoc
      @SumanPaulDoc  Місяць тому

      medsolutionuk.com/services
      Please book a session to discuss further

  • @srimantapattnaik8111
    @srimantapattnaik8111 Місяць тому +1

    Hi Suman,
    Very nicely managed . You should be personal financial adviser.
    Everyone should follow this principle to spend wisely and save maximum until they have enough.. amount to live .
    In reality you are saving £33,600. Per year.
    and upto £4500 cash in hand to spend somewhere .
    Where exactly you invest… interested to know your investment style.

    • @SumanPaulDoc
      @SumanPaulDoc  Місяць тому

      Thanks for the kind words.I do share my ISA investment on this channel. Here is the latest video: ua-cam.com/video/dRjU19DU8Ko/v-deo.html

  • @gourabsarker9552
    @gourabsarker9552 Місяць тому +1

    Sir do you earn 130k pound sterlings a year as a doctor in UK? Plz reply. Thanks a lot.