I'm so happy I found this video, and your channel! I've subscribed! You talk so much sense, and I wish I had as much money sense as you when I was 26! x
How do you make sure you’re staying on track with your financial goals throughout the year? I’d love to learn what works best for you! I really appreciate that you're sharing your financial journey to help others, it’s so inspiring and valuable!
I personally wouldn't do 50/50 when it comes to shared expenses if my husband earns more. Especially if I'm on leave and providing all the childcare / a lot of the housework.
Yup, she does all the nursery runs, and pays for the car and petrol to do so, and also pays for all the kids clothes. It just seems like a lot of subtle inequalities in the partnership. If you're married does it not just go in the same pot as you have joint financial goals and responsibilities? Especially with kids in the picture. And what about pension, at 26 it may feel a life time away, but missing years of pension is unwise, meanwhile her husbands contributions will be entirely unaffected by having children.
@@daisybashton yeah my husband and I have a joined account, both of our salaries go into it and we pay everything from that account. We each have a personal account too and both get 'pocket money' (same amount) for personal stuff into the personal account. It feels a lot fairer like that
@@daisybashton Glad someone else sees this too, it does seem unfair that the kids are falling primarily on her and the only thing she has said he is in charge of is their dog. Hopefully there are more and it is more equal than it seems
I’m 10 years older than you and yet you have your shit together at 26. I was galavanting in europe in my late 20’s and charging everything on a credit card (but I paid for in full days before the deadline) with not a care of my future. Now, have a house, husband and 2 kids and although we are secure and have decent jobs and decent assets, I wish I was more wise at that age. Maybe if I did we could easily go on oversease holidays today. You are such an inspiration Shan. Rooting for you and your family
Love these budget videos. Could you please do a monthly grocery haul, I would absolutely love to see one. I have been trying to lower my grocery budget, but finding it impossible, would love some Inspo.
Love these videos and appreciate how honest you are. Could you please do a video about how to become self employed, as in the legal and admin bits, how to set yourself up 💕 x
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to larysa Caba, my portolio is doing really great and im proud of the decisions i made last year.
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.
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.
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.
I'm new to this and have heard that now is an excellent time to buy. However, I currently have cash sitting in my bank account that I would really like to put to good use because inflation is at an all-time high. Who is this coach that you mention, and do you mind if I look them up?
Can you do a video about how you work monzo, show any hacks you have found with it etc! Love these so much and have made me so much better with my money by doing something similar! Xx
Really interesting, thanks for sharing. With 3 kids (10, 7 & 18m), we are spending best part of £200 a week on groceries!! That’s shopping at Aldi, and rarely buying alcohol and ‘luxury’ foods too!
I can’t believe you’re sharing such personal information but we all appreciated seeing this. I doubt many other content creators would be sharing this x
After watching the video were you talked about the kids ISA we went and researched it and decided to start one up, my daughter now has more in her ISA after 6 months then her regular savings account has in 4 years, we do plan to put her child benefit into there also however currently I pay into her ISA and her child benefit goes into her regular savings so she now has two pots of money. X
Thank you for sharing! How did you get to a position to save towards things like car insurance etc every month? Would love to do this so we can pay out annually but currently pay this on a monthly basis and cannot budget for both. Hope that makes sense, thanks!
Hi Shan - please could you do a follow up on YOUR investing? I thought you had created a pie for George so you wouldn’t have to pay for a junior ISA? Did you scrap that and just get a JISA?
I tried paying for NI contributions on a weekly/monthly basis but HMRC said it has to be done at the end of the year is a self assessment. So it is done if you hit a certain earnings OR if you want to voluntary do it which I will so I can take mat allowance at some point in the future.
Thank you for sharing! Do not see why people feel like they need to comment on things that is non of their business! You do you and what works for you! :)
Maybe that's her own personal budget she wants to spend on extra clothes that aren't really necessary. Kids don't need £100 on clothes a month but if one of the parents wants to spend extra, maybe that's what she's doing?
Not an issue if she’s wanting to get some extra cute bits but there is no where for essentials in their joint expenses which he should definitely be contributing to
@@Rebebebecca just watched it, I replied before watching with what I just thought was possible, she mentioned their joint groceries pays for the essentials (nappies etc) and that the Amazon subscribe that pays for the wipes, toilet roll etc isnt joint and comes out of his pay. Also sometimes in a relationship, not everything must rigidly be split 50/50, sometimes it just balances out by itself. There are a lot of things that can't be budgeted and accounted for exactly such as spontaneous presents, take out etc
@@Rebebebecca she also mentioned she has £100 in her vinted balance from selling the kids stuff before so she's basically just recycling the money as opposed to it coming from her salary
Completely understand this from Shan’s point of view. I love buying my kids clothes and I allocate money towards it every season (if not monthly). I can literally count the number of clothes my husband bought our daughters. But that is on me. If I leave it all to my husband, they would be wearing onesies and sweats all day everyday. I dont take anything from our joint account for this. FB marketplace is where I get most baby stuff. And days out is a toss up. Whoever is near the counter usually pays for it.
I am watching your video for the first time, and impressed that you are securing your children’s future while they are still babies. I am 76, and I have a suggestion, hope you don’t get offended by it. I noticed that you spend £33 a month on buying water. That’s £396 a year, think what you can use this amount for? Perhaps one month’s car payment? Water filter jugs are available from Argos for less than £20. That’s the easiest and cheapest way to get filtered water. Give it a go.
@@HennaGorsia they actually don't which is why it makes some people upset (2 people earning 50k are entitled, but 1 person earning 60k while the other doesn't work they're not entitled due to the threshold)
Yeah, we fall into this frustrating category. One of us earns just over the threshold and so we lose some child benefit, however we know our neighbours have a household income more than us, but because neither earn over the threshold they get all their child benefit. Not fair imo
@@jazzles_dIf you're just over the threshold it may be work calculating if it's worthwhile upping your pension contributions as I don't believe these count towards your adjusted net income.
@@chloegould1482 And you clearly didn’t comprehend. List of all the bills split 50/50 are in the first section. So it’s not really figures from splitting everything 50/50 her costs are much higher
I think it is accurate for her and what comes out of her account. Though they split most bills in half 50/50, some things, one of them shoulders. From my understanding of their set up, there are things she pays for on her own accord like days out, kids clothes etc and there are things that ash pays for. Plus it could be that let’s say days out went beyond budget of 75 pounds, Ash pays for the surplus. I also dont see any budget for garden stuff and I assume that Ash is in charge of those. I know he paid for the bbq from a previous video. I personally earn more than my husband but pay shared bills equally. To level the playing field I get the additional stuff like kids essentials, family gifts and going out. Husband still is in charge of the garden and any costs related to that.
@@lx134 Bruh im not gong to argue over something so stupid -it’s their joint LIVING expenses.things that have to be paid for them to both be able to live.if you’re mad about a few extra bills (he pays for that and she clothes etc) then that’s very strange 😅
I’m sure everyone knows, but if your partner you live with earns 60k or more you have to pay tax on child benefit - it’s not just on your solo income. My mate just got burnt by this……
I'm so happy I found this video, and your channel! I've subscribed! You talk so much sense, and I wish I had as much money sense as you when I was 26! x
How do you make sure you’re staying on track with your financial goals throughout the year? I’d love to learn what works best for you! I really appreciate that you're sharing your financial journey to help others, it’s so inspiring and valuable!
I personally wouldn't do 50/50 when it comes to shared expenses if my husband earns more. Especially if I'm on leave and providing all the childcare / a lot of the housework.
Yup, she does all the nursery runs, and pays for the car and petrol to do so, and also pays for all the kids clothes. It just seems like a lot of subtle inequalities in the partnership. If you're married does it not just go in the same pot as you have joint financial goals and responsibilities? Especially with kids in the picture. And what about pension, at 26 it may feel a life time away, but missing years of pension is unwise, meanwhile her husbands contributions will be entirely unaffected by having children.
@@daisybashton yeah my husband and I have a joined account, both of our salaries go into it and we pay everything from that account. We each have a personal account too and both get 'pocket money' (same amount) for personal stuff into the personal account. It feels a lot fairer like that
@@daisybashton Glad someone else sees this too, it does seem unfair that the kids are falling primarily on her and the only thing she has said he is in charge of is their dog. Hopefully there are more and it is more equal than it seems
We have everything in a pot but this is what works for her and what she does. Other people thinking it isnt right is non of their business?
@@daisybashton If she is registered as a LTD company which seem like she is im sure she does a pension through her business!
I’m 10 years older than you and yet you have your shit together at 26. I was galavanting in europe in my late 20’s and charging everything on a credit card (but I paid for in full days before the deadline) with not a care of my future. Now, have a house, husband and 2 kids and although we are secure and have decent jobs and decent assets, I wish I was more wise at that age. Maybe if I did we could easily go on oversease holidays today.
You are such an inspiration Shan. Rooting for you and your family
Love these budget videos. Could you please do a monthly grocery haul, I would absolutely love to see one. I have been trying to lower my grocery budget, but finding it impossible, would love some Inspo.
Love these videos and appreciate how honest you are. Could you please do a video about how to become self employed, as in the legal and admin bits, how to set yourself up 💕 x
I second this video idea x
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to larysa Caba, my portolio is doing really great and im proud of the decisions i made last year.
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.
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.
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.
I just looked up her name online. she is licensed with credible certificates and has an amazing track record. Thank you for the message.
I'm new to this and have heard that now is an excellent time to buy. However, I currently have cash sitting in my bank account that I would really like to put to good use because inflation is at an all-time high. Who is this coach that you mention, and do you mind if I look them up?
Can you do a video about how you work monzo, show any hacks you have found with it etc!
Love these so much and have made me so much better with my money by doing something similar! Xx
Hey Shan do you have separate savings account that you use to pay for recent holidays?
Literally just purchased your spreadsheet now and doing it when I get home haha thank you for your videos!! Super helpful! Xx
Really interesting, thanks for sharing. With 3 kids (10, 7 & 18m), we are spending best part of £200 a week on groceries!! That’s shopping at Aldi, and rarely buying alcohol and ‘luxury’ foods too!
We are the same it's getting impossible to cut any more back 😵💫
Honestly sounds about right for five people when considering the ages of your children
I can’t believe you’re sharing such personal information but we all appreciated seeing this. I doubt many other content creators would be sharing this x
After watching the video were you talked about the kids ISA we went and researched it and decided to start one up, my daughter now has more in her ISA after 6 months then her regular savings account has in 4 years, we do plan to put her child benefit into there also however currently I pay into her ISA and her child benefit goes into her regular savings so she now has two pots of money. X
Most share more than this
What do you do in the civil service?
Thank you for sharing! How did you get to a position to save towards things like car insurance etc every month? Would love to do this so we can pay out annually but currently pay this on a monthly basis and cannot budget for both. Hope that makes sense, thanks!
Do you not still use 212 trading pies for your kids saving?
Hi Shan - please could you do a follow up on YOUR investing? I thought you had created a pie for George so you wouldn’t have to pay for a junior ISA? Did you scrap that and just get a JISA?
Do you not have to pay towards national insurance being self employed?
I tried paying for NI contributions on a weekly/monthly basis but HMRC said it has to be done at the end of the year is a self assessment. So it is done if you hit a certain earnings OR if you want to voluntary do it which I will so I can take mat allowance at some point in the future.
Love this 😊 can you do a video on your income streams breakdown please? 😊
Thank you for sharing! Do not see why people feel like they need to comment on things that is non of their business! You do you and what works for you! :)
And yet here you are commenting just like them 😂😂😂
That’s really nice of you to go 50/50 with your husband. He should be very grateful.
Literally
@@Ll_jfdk nice? Or unfair?
My Mrs doesn’t even pay got damn thing , her husband a lucky man
Very lucky, especially if she is the one paying for the kids clothes, days out and doing nursery runs so paying petrol/car for that too
Nice of her????? This is literally 80/20
Why did you sell the bouncer? I have been really considering buying the baby bjorn bouncer but am on the fence.
Halle is probably too old for it n I imagine! It's really for little babies. We had one and loved it, but got rid when babe started crawling.
Hey Shan which ISA do you save into for your children?
Great advice! Loved this ❤
Which wipes is nice from amazon?
Me watching this having less money than this each month as a joint income 😶😭
What about skincare and costs for pets?
Also wondered about this. Cost of Skin and me each month?
How come days out and clothes are under your spending money rather than joint, does your husband not normally contribute to those for the kids?
Maybe that's her own personal budget she wants to spend on extra clothes that aren't really necessary. Kids don't need £100 on clothes a month but if one of the parents wants to spend extra, maybe that's what she's doing?
Not an issue if she’s wanting to get some extra cute bits but there is no where for essentials in their joint expenses which he should definitely be contributing to
@@Rebebebecca just watched it, I replied before watching with what I just thought was possible, she mentioned their joint groceries pays for the essentials (nappies etc) and that the Amazon subscribe that pays for the wipes, toilet roll etc isnt joint and comes out of his pay. Also sometimes in a relationship, not everything must rigidly be split 50/50, sometimes it just balances out by itself. There are a lot of things that can't be budgeted and accounted for exactly such as spontaneous presents, take out etc
@@Rebebebecca she also mentioned she has £100 in her vinted balance from selling the kids stuff before so she's basically just recycling the money as opposed to it coming from her salary
Completely understand this from Shan’s point of view. I love buying my kids clothes and I allocate money towards it every season (if not monthly). I can literally count the number of clothes my husband bought our daughters. But that is on me. If I leave it all to my husband, they would be wearing onesies and sweats all day everyday. I dont take anything from our joint account for this. FB marketplace is where I get most baby stuff. And days out is a toss up. Whoever is near the counter usually pays for it.
I am watching your video for the first time, and impressed that you are securing your children’s future while they are still babies.
I am 76, and I have a suggestion, hope you don’t get offended by it. I noticed that you spend £33 a month on buying water. That’s £396 a year, think what you can use this amount for? Perhaps one month’s car payment? Water filter jugs are available from Argos for less than £20. That’s the easiest and cheapest way to get filtered water. Give it a go.
I think the water is her water bill rather than bottled water
@@charlottebreen2598 yes, that’s possible
@@DVB1848no it’s certain in the UK we have to pay for household water - we can drink the tap water etc
With child benefits do they combine both parents household income because if so then we wouldn't get it but if not then we would definitely get it
@@HennaGorsia they actually don't which is why it makes some people upset (2 people earning 50k are entitled, but 1 person earning 60k while the other doesn't work they're not entitled due to the threshold)
Yeah, we fall into this frustrating category. One of us earns just over the threshold and so we lose some child benefit, however we know our neighbours have a household income more than us, but because neither earn over the threshold they get all their child benefit. Not fair imo
@@jazzles_dIf you're just over the threshold it may be work calculating if it's worthwhile upping your pension contributions as I don't believe these count towards your adjusted net income.
@@BeckyLooLah thanks for the suggestion, I’ll look into that 👍🏻
The budget isn’t accurate then if you haven’t included your Amazon subscriptions and pet insurance?
You clearly didn’t listen - Ash pays for it
@@chloegould1482 And you clearly didn’t comprehend. List of all the bills split 50/50 are in the first section. So it’s not really figures from splitting everything 50/50 her costs are much higher
I think it is accurate for her and what comes out of her account. Though they split most bills in half 50/50, some things, one of them shoulders. From my understanding of their set up, there are things she pays for on her own accord like days out, kids clothes etc and there are things that ash pays for. Plus it could be that let’s say days out went beyond budget of 75 pounds, Ash pays for the surplus. I also dont see any budget for garden stuff and I assume that Ash is in charge of those. I know he paid for the bbq from a previous video.
I personally earn more than my husband but pay shared bills equally. To level the playing field I get the additional stuff like kids essentials, family gifts and going out. Husband still is in charge of the garden and any costs related to that.
@@lx134 Bruh im not gong to argue over something so stupid -it’s their joint LIVING expenses.things that have to be paid for them to both be able to live.if you’re mad about a few extra bills (he pays for that and she clothes etc) then that’s very strange 😅
Is your £200 a month for groceries the total or is this one of the costs your husband matches? So the total is £400?
Wow and you have Ash’s income too on top of this? 😮
We have children's allowance it's €140 per child until age 18 everyone gets it even millionaires get it for their kids
I’m sure everyone knows, but if your partner you live with earns 60k or more you have to pay tax on child benefit - it’s not just on your solo income. My mate just got burnt by this……
Thanks for sharing. It is my understanding that her partner earns less than her so I think they are fine.😊
Yeah this is correct. Martin Lewis has spoke about this quite a lot!