Are we classed as "poor" or average

I got as far as "DH earns about 70K" 🤣

Yes OP you are really impoverished.

The care worker wiping your arse when you are old and crinkly will be on that and they will have more class than you.

Where I live is very deprived. Come up here and get some bloody perspective.

I would say your poor if that’s what you class as living a good life providing for your family is far more rich than having a lip filler 😂😂

I can’t help but feel they are a troll or at least I hope they are, if not they need a serious reality check.

No one would use the word ‘poor’ in this situation unless they were trolling or seriously deluded.

This comment is really unpleasant...you may earn more but you certainly lack class.

IFS comparison site suggests your household is in the top 12% of UK households income wise. I'm not sure how you can have momentarily considered that you are poor. This is based on an annual council tax of 2550 (I guessed) but it won't change much if your council tax is more.

https://ifs.org.uk/tools_and_resources/where_do_you_fit_in#tool-results-section

Collectively you earn 83k a year. Free school meals cut off at 16k - slightly over your part time wage. That's poor. How nasty & spiteful of you.

But it's not just you, is it? You asked 'are we poor?
Really, really tone deaf.

@Toomuchtrouble4me you sound like a shitty person how can you have the audacity to be so cruel? Disgusting of you. £12 per hour IS dome people's reality and frankly it doesn't really need justifying. Lots of caring and support people will be working hard earning that.

£12 an hour is shite. £70k is ok, neither poor nor rich but on your combined salary I would struggle, esp if you need childcare. What did you work hard at to get £12 an hour?

Lol you're well off. Like, if you manage money properly you don't have to worry, that's a privilege.

I don’t think lack of money is your biggest problem….. catch yourself on

Our household income would put us into your friend’s bracket and we live normally- no botox, cinema rooms or turkey teeth- and live in a semi! I imagine they have debts.

What your DP's collegues'wives have/own/do....is that your aim in life? Botox, lip fillers, a pool etc.? I know it's not on my wishlist 😊 Because if you're happy the way you and your family live, remember that Botox is a poison, lip fillers are tacky, and a home pool needs a lót of maintenance

Plebs.

I earn £250k a year and my DH earns £300k a year.

Does this make us poor or average?

I’m guessing poor, as Kim Kardashian lives in a massive mansion and we only live in a medium sized one 😢

Its all about outgoings.

£70k is a middle enough income to go either way.

It's enough to live on if your mortgage is less than £2k per month, have no childcare costs and you're not paying off two cars on HP. You won't be throwing money at lip fillers, manicures every few weeks etc.

It vastly depends on the cost of living where you live and what your stage in life is.

Those who are scoffing at you are just being overly simplistic. If you got a house before they shot up in price, say early 2000s, your mortgage might be like all my siblings in the low hundreds of pounds each month.

Earnings after tax on £70k sound a lot less. Maybe £40k.

@FutureMrsBourne I would say for a family of four it’s not the best… I earn slightly more than your DH and it’s only me and one dc. I find it hard, still have to budget etc. It’s average when you split it hypothetically so you both earn 40k.

OK, slightly other side of it. We've established OP has a good household income, comfortably above average.

But, it OP poor in relation to the circle she's in, or are friends on similar money, but spend it unwisely, and drag themselves in to debt. Thinking they will pay it off at some point. When OP can cope with interest rate rise on mortgage and friends can't?

Are you happy? Are your children well? Is your marriage ok? If so your rich beyond measure. Stop fretting about trivia - material things will never satisfy.

You're not allowed to be classed as anything because the person making the decision or suggestion would be very frowned upon while being completely innocent.

That's the danger of classification.

We probably earn what your husband earns, but we both work FT, live in an expensive area and have a son with SN that we have had to shell out a lot of money on recently. We are fucking knackered due to all the life admin of raising a child with complex needs. I'd love to work 3 days a week!

We both work due to not wanting to be broke - it would be more stressful for me to be broke. I know we aren't rolling in it - our holiday this year was one nights camping, but we are trying to save money and that is a luxury in itself in this day and age. I do know that being able to afford things like school uniform and to eat well is not poor and we are lucky. I grew up pretty poor around friends who were more well off, so don't want the same for my kids.

You are definitely not poor. Probably above average, but not in the 'well off MN' bracket, since two FT wages before tax is 70k. You probably have a lot of childcare expenditure which is why you don't feel well off.

I bet your bottom dollar your friends are in debt. I knew of a few cases of people living above their means and in debt.

🤣🤣🤣

You've been rightly roasted on here OP for being a bit ignorant but I can't help but wonder if this is actually about your qualifications and access to better work prospects. Given that you have young kids at home it may be a while before you're in a position to be able to move forward. I don't think you're poor or even average as a collective household, but you singularly, would probably struggle financially.

Hope things improve for you career wise or at least enough to help you get to where you're aiming for.

Also hope you recover from this post. MN isn't kind when it comes to income related ignorance.