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Your monthly budget?

Take part in our whisky polls and votes. You can also post your own polls in this forum.

My monthly budget for whisky is:

Less than £60/$125/€100
44
39%
Between £60/$125/€100 and £120/$250/€200
45
40%
Between £120/$250/€200 and £200/$425/€350
23
21%
 
Total votes : 112

Your monthly budget?

Postby corbuso » Fri Feb 02, 2007 11:52 pm

A simple question: What is your monthly budget or the average money that you spend each month in whiskies?

Thank you for answering
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Postby vitara7 » Sat Feb 03, 2007 12:19 am

being a collecotr,my monthly budget is set on simply what i can lay my hands on at a good price, sometimes ill spend as little at £100 - £150 in a month, other months around £1000 or more, just depends on what i can get.
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Postby vitara7 » Sat Feb 03, 2007 12:20 am

in january just past as an example, id say ive spent just over £600
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Postby peergynt323 » Sat Feb 03, 2007 12:36 am

I think around $300/month on average? :shock:
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Postby Badmonkey » Sat Feb 03, 2007 1:27 am

My monthly whisky budget is now down to $0.00. I have imposed a 5-month moratorium on new whisky purchases in hopes of making a dent in my collection, saving some coin, and infusing a touch of sanity back into my spending habits. Lucky for me, I have more than enough heavy fuel in the collection to keep me running through the winter and spring.

Prior to the imposition of the moratorium, I was spending about $150/month on whisky, more if you include tastings and festivals.
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Postby Frodo » Sat Feb 03, 2007 2:25 am

I usually buy in bulk when I find a nice sale, so the concept of a monthly budget is foreign to me...
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Monthly budget?

Postby Muskrat Portage » Sat Feb 03, 2007 2:53 am

Averaging over the past 168 months that I've been keeping track of my collecting and based on how many SMs I own, estimating at $100.00 per unit, I would calculate that I have averaged $75.59 per month since 1992. Based on the bottles I have left at present.
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Postby misa » Sat Feb 03, 2007 3:03 am

Way too much. Collecting and drinking probably do not go well together. 600-1400 euros per month about covers it. My girlfriend would do bad things to me if she ever found out. But hey, it´s my money (in my dreams).
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Word from the wise (25 years married)... OMG 25 years...

Postby Muskrat Portage » Sat Feb 03, 2007 3:09 am

misa wrote:Way too much. ... My girlfriend would do bad things to me if she ever found out. But hey, it´s my money (in my dreams).

Misa:
Never anger the woman who knows where you sleep!
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Postby Di Blasi » Sat Feb 03, 2007 3:22 am

I voted the least possible, because I don't have a regular monthly budget. I buy very little here in Norway normally, and mostly save it for when I travel to insure my kroner goes a bit further with good exchange rates and special bottlings and things I can't get over here.
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Re: Word from the wise (25 years married)... OMG 25 years...

Postby misa » Sat Feb 03, 2007 4:24 am

Muskrat Portage wrote:
misa wrote:Way too much. ... My girlfriend would do bad things to me if she ever found out. But hey, it´s my money (in my dreams).

Misa:
Never anger the woman who knows where you sleep!
Muskrat

Who says she does?
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Droll Misa, very droll

Postby Muskrat Portage » Sat Feb 03, 2007 4:51 am

:D :D :D :D
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Postby Deactivated Member » Sun Feb 04, 2007 11:10 am

What's a budget? :lol:
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Postby Di Blasi » Sun Feb 04, 2007 1:11 pm

I'm once again saving coins in a coffee tin, so if I do make it over to Scotland in April I can blow it all on whisky!!!
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Postby Deactivated Member » Mon Feb 05, 2007 7:07 am

We had a similar question a while back--I think it was how much do you spend in a year. My immediate answer now is as then: I don't know, and I don't want to. And as then, I feel (unfortunately) compelled to figure it out.

Like many, I don't have a monthly budget. My spending is sporadic, and peaks in October, when I visit Scotland. When I divide total spending for 2006 (which was almost certainly less than for 2005) by 12, my average monthly expenditure comes to:

US$72.92
£37.95
Cn$23.58 (theoretically--it's almost all earned credit)

or about US$165/month.

I'm really surprised it's that much, but it really is concentrated in spots--all of the UK purchases (nearly half the total) were in October, except for one mail order, and a good part of the US purchases were a few expensive bottles. I don't expect to spend as much this year. Of course, I didn't expect to spend that much last year, either.
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Postby Paul A Jellis » Mon Feb 05, 2007 7:45 am

No idea. I don't give myself any sort of budget, when there is a space on the shelf I fill it.

If I am going up to Scotland I will re-stock with quite a few bottles, next week I shall be in Cornwall and will pop into Constantine Stores (better known as http://www.drinkfinder.co.uk) to buy a few bottles, just before Christmas I took advantage of the Supermarket deals and some months I don't spend anything on whisky.

Like some others I don't want to work out just how much I spend on whisky, I'll only worry about that when I can no longer afford it!
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Postby TheLaddie » Tue Feb 06, 2007 1:10 am

How long is a piece of string?

Depends on what takes my fancy and how much money I have got.
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Postby irishwhiskeychaser » Tue Feb 06, 2007 2:51 pm

Frodo wrote:I usually buy in bulk when I find a nice sale, so the concept of a monthly budget is foreign to me...



Ditto but I'm not overly eager to divulge what I spend at the same time :P
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Postby les taylor » Tue Feb 06, 2007 7:10 pm

I just hope my accountant doesn't work out how much I spend. Personally I don't want to know.



:)
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Postby Bullie » Tue Feb 06, 2007 8:46 pm

Eh... :oops: Well, none of the above... Just about every penny I earn, after paying the bills. Just about £450-550 a month average. But then I count in tastings, bottles, literature, courses and whiskytravels.
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Postby vitara7 » Wed Feb 07, 2007 12:55 am

ive not even included whisky travel in mine... :?

last year, went to islay for the weekend at the start of the festival, and spent about £1500, not all on whisky though, but the weekend cost me that. went to barcalona the following day for a week and spent less on the weekend... :?

but its worth it though, going back again, and again and again....
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Postby Ardbeg311 » Fri Feb 09, 2007 11:46 am

More than some on this forum and less than others. Actually, when I sat down just to see the numbers it was a bit of an eyeopener as I didn't think I was spending that much. The positive spin I put on this is that I actually have not drank that much money in scotch and that unopened bottles, therefore, shouldn't count.
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Postby fishboy » Fri Feb 09, 2007 11:50 am

I probably average about £100-£150 permonth, but it varies. For example in January I only bought 1 bottle for £22. but in the summer when I'll be on Islay for 2 weeks i've no doubt I'll more than make up for it (last year I spent £1500 - although half of that was on a cask!)

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Postby Rory B Bellows » Wed Feb 14, 2007 8:18 pm

The lowest, otherwise the phrase "we can't afford more furniture" is not a sufficient excuse. Unless that furniture is meant to store more malts, then I'll try to phrase it carefully.
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Postby Mark » Wed Apr 18, 2007 6:09 pm

I have become quite sensible with my buying. I realised it made sense to stock up around Christmas time when all the supermarkets are offering great savings on whisky. For example last Christmas one offer Tesco had was a bottle of Highland Park 12 for £15, i bought 6 bottles saving around £60.

Mark
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Postby Leither » Thu Apr 19, 2007 9:46 am

Mark wrote: I realised it made sense to stock up around Christmas time when all the supermarkets are offering great savings on whisky.

Mark


Ditto for me at xmas time of year Mark, I stock up on standard malts - you'll also find the same happens around May and early June in the build up to Father's day. Tesco in particular are one to watch - last year they had £5 off the majority of their malts. The great thing for us UK consumers is that Asda and the likes follow suit and they then undercut each other.

Other arguments suggest that supermarkets are squeezing suppliers too much but I doubt if the distilleries are losing money and it gives them a great opportunity to move stocks fast. Meanwhile us consumers benefit.
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Postby kljostad » Thu Apr 19, 2007 3:08 pm

I don't have a monthly budget as such, but if I take what I spend on whisky in a year, and divide it by 12, I guess it will be between 80-110 £.
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Postby mithril » Thu Apr 19, 2007 5:12 pm

I picked the middle option but like many here I choose it because it was closest, not not really accurate. I try to budget myself a new bottle every pay cheque but I don't really set a dollar amount on so the amount spent can vary from 2 $60 bottles to 2 $120 bottles. $50/bottle is about the cheapest you can find SMW in my area and $65 - $95 is the range for the most common expressions.
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Postby titus » Fri Apr 27, 2007 10:18 am

I follow a simple yet rewarding (sometimes) principle.
I take $100 dollars to the casino every month, no more, no less.
I play some blackjack. If i lose, well i lose, if i win and i have on numerous occassions, then the winning goes towards WHISKY!!! (Yum yum)

I 've been lucky enough to win $1200 on one occassion. You can imagine the lovely drops i bought!
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Postby Aidan » Fri Apr 27, 2007 11:04 am

My budget is under €60 per month. Unfortunately, it seems I spend far in excess of this every month.

I'll have to stop. I have enough.
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Postby IainB » Fri Apr 27, 2007 11:53 am

Aidan wrote:My budget is under €60 per month. Unfortunately, it seems I spend far in excess of this every month.

I'll have to stop. I have enough.


That's the point. There's a big difference between the concept of a budget and the concept of actual spending. (I'm an accountant, I know these things.) The question should maybe be what's your budget and how much do you actually exceed this on average.

That said, I think I'll refrain from putting any actual figures up here - my wife knows I post to this forum! I find the best justification for myself comes down to three things:

(1) I used to go out a lot more before I had children and the money I now spend on whisky is a lot less than what I spent on going out. In the old days (4 years ago) with taxis, clubs etc. the average night night was at least €100 plus (without even eating out). Now if I go for a few pints in the local the average night out costs €20 - €30. So there's €70 p.w. that can be spent on whiskey.

(2) Even with most of the better whiskies, when you break it down to cost per measue (Irish measure is 35.5ml, so therefore about 20 in a 700ml bottle) it still works out cheaper than the price of a pint of Guinness in the average Dublin Pub!

(3) It's also an investment , kind of. I just worked out the other night that if it all went horribly wrong and I'd no money to spend I currently have enoungh whiskey in the house to get me drunk 3 days a week for about 4 years.

Yes I know, the things accountants think about are kinda weird.
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Postby martin grant » Fri Apr 27, 2007 1:27 pm

What a great accountant type answer Iain!

Like you I spend much less on going out since becoming a father. Unlike you I've never actually sat down and worked out how much I'm saving by staying in of an evening. This is something I'm going to have to work out this afternoon, in a futile attempt at convincing my wife that by spending cash on whisky, I'm actually saving money.[/img]
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Postby Ganga » Tue May 08, 2007 8:11 pm

I set a budget of $50-100 a month. And the accountant is correct. The measure is whether you make budget and if not by how much did you exceed said budget. Looking at this, my annual budget would be $600-1200. I probably spend more on the order of $1600-2000. It's usually those couple of months where you find the "gotta have it" bottle. :angel:
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Postby Feldrin » Sat May 12, 2007 3:00 am

I have no idea how much precisely, seeing as how it goes in bursts over random times. I do know it is getting more and more. First it was one bottle at a time, preferably something around 30 euros, then it went up to a total of 50 euros and the last time I went I reached the 70 euros. But that did get me a bottle of Longmorn 15y and a Monkey Shoulder.

So, as far as I know, it’s below a 100 Euro for sure. And I don't think I'll get above that soon. Being a student doesn't quite mean a huge budget.
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Postby Onefortheditch » Wed May 30, 2007 11:34 pm

My spend on whisky is only dependent on negotiating cupboard space with my wife!! I get another shelf, I spend :)

And I just don't understand why we need all those clothes and crockery and other stuff?
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