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Money Diary: An Events Producer In London On 35k - Refinery29

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Occupation: Events producer
Industry: Arts and culture
Age: 32
Location: London
Salary: £35,000
Paycheque amount: £2,288
Number of housemates: None
Pronouns: She/her
 
Monthly Expenses
 
Housing costs: £845 for a studio flat.
Loan payments: £0
Savings? £2,800 in a cash ISA, £31,000 in a UK savings account (£12,000 of which is set aside for paying taxes from freelancing in 20/21. I'm super proud of these savings as most of them were put aside in the year I was freelancing). £3,000 in a child savings account (my parents gave this to all their children to access when they turned 18 but I haven't touched mine yet). £450 in a bank account at home (which I use as spending money when I visit to avoid the terrible exchange rate). £1,900 in stocks.
Pension? My employer automatically contributes 8% pension regardless of whether we choose to match this or not. I've chosen not to contribute for now as this is a short-term contract and my living costs have increased since moving in on my own.
Utilities: Council tax with single person discount £80, water £22.50, electric £50-£100 (varies depending on the time of year), Wi-Fi £18.
All other monthly expenses: Phone and travel insurance £10 (through my bank). Subscriptions: Netflix £5.99, Now TV £4.99, Spotify £9.99, ClassPass £35 (although I often end up buying extra points). During the summer I also pay £35 monthly for access to a local reservoir and pools for swimming.

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Money Diary: An Events Producer In London On 35k - Refinery29
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