Could you post a high level breakdown of your spending please?
Sure. Interesting discussion.
Fixed Costs Total 22253Home 3200 - Home maintenance plus improvement
Utilities 2836 - Council Tax, TV Lic, Water, Gas/Electric
Insurance 3160 - Home, Pet
Subsistance 5400 - Monthly groceries
Work Expenses 1200 - Non-reimbursable work expenses
Motoring 2280 - 2x Cars, insurance, road tax, maintenance, breakdown, fuel (car1 = 7,000/yr, car2 = 2000/year)
Health 1740 - Contact lenses, private consultant for long term issue
Clothing/Grooming 1560 - Hair cuts/clothes (for 3)
Comms/Mobiles 876 - 1 x mob (mine through work), 1x mobile broadband, 1x home broadband.
Lifestyle Total 11841Giving 2760 - Presents for child, parents, family, friends, charitable donations
Misc 1320 - Random stuff, vet bills
Leisure/Ent 2202 - Movies/Theatre/Gigs, Amazon Prime, Netflix, Books, National Trust, 2x gym membership, some tech services (OneDrive, Adobe)
Holidays 3000 - 2x holidays per year and a sometimes the odd city break/London visit
Expendable 2559 - General expendable cash, typically goes on technology refreshes/gadgets
Grand Total 34094Granted, this does afford us, as I said, what I consider a very pleasant lifestyle, but not lavish (to some it might!). I avoid big houses, expensive cars and ridiculous holidays.
I've deducted the mortgage (£8k/yr) and childcare (£1.2k/yr) from my living costs, as those won't be around at FIRE. Although arguably I might be funding some of university at the time. Although I do have JISA for my daughter (£45/month, incrementing £5/month through 18) which should be around £20k at maturity. Plus she has a J-SIPP (£150/month) that I pay into until she's 18 too.