Budgeting in London: One Woman's Journey to Saving and Homeownership

Londoner's Budget Breakdown: A Look at UK Personal Finance and Childcare Costs A young Londoner, Mischa, recently shared her June budget of £3062, offering a candid look into her personal finances. Her video, posted on June 1st, 2025, has already gained significant traction. Mischa's budget highlights a common struggle for many: balancing savings with everyday expenses. She prioritizes saving, allocating a substantial portion (£2300) towards house savings. 'I need to cover my stamp duty and stuff,' she explains in the video. In addition to her savings, Mischa details other expenses, including £400 for general spending, £68 for her phone bill, and £200 for nursery fees. She cleverly utilizes the UK's tax-free childcare system, stating, 'We use tax-free childcare, so everyone get on that if you're not already.' Mischa's video provides a relatable and informative example of personal finance management in the UK, sparking discussion on budgeting strategies and childcare costs.